Stake BTC and earn rewards only on Bitrue. Through Bitrue collaboration with Babylon, you can stake BTC while getting prizes.
Learn more about staking BTC on Bitrue and what prizes you can get later in this article.
Stake Your BTC in Babylon via Bitrue
Via the official X account, Bitrue has announced its partnership with Babylon to allow Bitrue users to stake BTC via Bitrue.
This collaboration not only expands Babylon's adoption rate, but also makes it easy for loyal Bitrue users to participate in Bitcoin (BTC) staking.
Staking BTC on Babylon via Bitrue is not only easy, but also offers various benefits, including:
1. Get maximum YIELD results
2. You can restake safely and measurably
3. Fast unbonding
4. Earn Babylon points and BTC staking rewards from Bitrue.
How to stake BTC on Babylon via Bitrue is not difficult, you can read the complete information and guide here.
However, before staking BTC, make sure you have studied all the risk factors involved.
Stake BTC and Earn Rewards Only on Bitrue
When you stake BTC on Babylon via Bitrue, you can get two interesting benefits.
These benefits are in the form of prizes for staking BTC, and you can only find them on Bitrue.
Source: x.com/BitrueOfficial
1. Get Babylon Point
The first benefit you will get when staking BTC on Bitrue is Babylon points.
Babylon points are distributed every day with a proportional calculation based on the number of staking declared valid for each user and then compared with the total staking of all participants.
The points allocation process considers the possibility of failure in on-chain staking, return of excess quota, as well as commission payments to finality providers.
Given that staking and unbonding are dynamic, daily distributions are based on actual final allocations.
Read Also: Can Bitcoin Give You YIELD on Babylon? A Quick Explanation
You can check the distribution of points through the Bitrue platform by accessing "My Holdings" and selecting "Babylon Points," to see how many points you have earned.
2. Earn Flexible Interest
The next advantage of staking Bitcoin on Bitrue is that you can get very flexible interest.
Take advantage of opportunities Flexible Income from Bitrue to increase the Annual Percentage Rate (APR) to 2.3%!
Starting from a base APR of 1.3%, you can increase your profits with each successful invitation up to 2.3%. Here's how it works:
- Invite 1 friend to sign up and make your first deposit: Your APR increases to 1,46%.
- Invite 2 friends: Increase your APR to 1,63%.
- Invite 3 friends: See your APR jump to 1,83%.
- Invite 4 friends: Increase your APR to 2,05%.
- Invite 5 or more friends: Enjoy Maximum APR 2.3%!
Easily monitor the progress of the invitations you send from the moment you start staking. Every friend you successfully invite will automatically increase your earning potential significantly.
As long as the rewards program lasts, you can continue to maximize profits. If the promotion ends, interest will still be paid according to the highest APR you have achieved.
Final Note
For additional information, you can start staking BTC on Babylon via Bitrue starting December 10, 2024 at 11 AM UTC.
If you are interested in participating in this campaign, make sure you already have BTC assets to be staked in your Bitrue account.
If you don't have one yet, you can easily buy Bitcoin (BTC) first on Bitrue here.
Remember, this article is only educational, before getting involved in a BTC staking campaign, always make sure that you know what the risks are, because full responsibility is in your hands.
Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.