To enhance the cryptocurrency ecosystem, Bitget, MultiversX, and P2P.org have entered into a partnership agreement aimed at optimizing the performance of their platforms. This collaboration signifies an increased opportunity for Bitget users to stake EGLD, the native token of the MultiversX network, on the Bitget Earn platform. It is anticipated that this initiative will enhance market utility and provide more avenues for the community to generate income, capitalizing on the synergy of each mutual application.
Recently, @bitgetglobal allowed users to stake EGLD on the Bitget Earn platform. As @P2Pvalidator, we are thrilled to collaborate with @MultiversX foundation and @bitgetglobal to make this a reality. Enjoy Bitget’s UX with auto-compound feature, and the @MultiversX network rewards of up to 8.5%.
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— P2P.org (@P2Pvalidator)
November 4, 2024
P2P.org’s Role and Vision in the Partnership
P2P.org, one of the leading blockchain infrastructure companies, has been working with the MultiversX Foundation and Bitget to introduce the staking option. P2P.org has previously provided services for the functioning of blockchains through validator services, adding credibility to this effort and ensuring confidence among the participants.
Bitget’s Enhanced User Experience and Auto-Compound Feature
The integration of EGLD staking on the Bitget platform has been universally adopted, thanks to Bitget’s emphasis on enhancing the user experience (UX). A new feature is the auto-compound, which allows users to obtain the highest staking returns without manually compounding them. This feature simplifies the staking process and is suitable for both novice investors and professionals. Therefore, thanks to Bitget’s user-centric approach, this campaign will attract more individuals to participate in EGLD staking, contributing to the goal of making cryptocurrency investments more accessible.
Attractive Rewards on the MultiversX Network
EGLD token holders who choose to stake their tokens in the program can expect up to an 8.5% annual return, which is a bonus for those seeking to earn passive income from their crypto investments. The compensation model of the MultiversX network is designed to incentivize participants and enhance the network’s security and reliability. By partnering with Bitget and P2P.org, the MultiversX Foundation has not only expanded the user pool interested in its ecosystem but has also encouraged more people to actively participate.