VeChain and BitGo have reached a partnership to jointly promote institutional adoption.
On July 29, VeChain announced a collaboration with the well-known custodian BitGo, will VeChain's staking platform StarGate enter explosive growth?
The reasons are as follows:
- By staking VET through StarGate, one can steadily earn an APY of 2.2% to 8.2% (depending on the staking level)
- Attracting traditional institutions, but they lack the capability to manage crypto assets
- BitGo provides institutional-grade custody solutions to assist traditional institutions in executing the staking and validation process
Q: Why is VeChain's staking attractive?
A: VET is already fully circulated, with no additional issuance pressure on the tokens, and when institutional adoption rises, it will help stabilize VET prices. (The reward token is VTHO)
Some data information about StarGate:
- Total Supply: 9991 NFT (staking warrants)
- Total Staked: 5.4B VET (6.23% of total tokens)
- Daily Global Generation: 9.7M VTHO/day (~19K USD)
All data is clear, making it easy for stakers to calculate their returns.
Last week, I acquired my first StarGate NFT, and today I received my first two rewards: delegated rewards + base rewards.
Delegated rewards can be claimed once every seven days, while base rewards can be claimed anytime.
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※ The above content does not constitute investment advice. Users are advised to operate according to their own risk tolerance and participate in the investment market with caution, DYOR.
※ The attached image is sourced from BitGo
#vechain #上市公司加密储备战略 #VET $VET $VTHO