To strengthen the cryptocurrency ecosystem, Bitget, MultiversX, and P2P.org have entered into a partnership agreement aimed at optimizing their platforms’ performance. This collaboration signifies an increased opportunity for Bitget users to stake EGLD, the native token of the MultiversX network, on the Bitget Earn platform. This initiative is anticipated to enhance market utility and provide the community with more avenues for generating income, capitalizing on the synergy of each mutual application.
Recently, @bitgetglobal enabled users to stake EGLD on the Bitget Earn platform. As @P2Pvalidator, we’re thrilled to collaborate with @MultiversX foundation and @bitgetglobal to make this possible. Enjoy Bitget’s UX with the auto-compound feature, and the @MultiversX network rewards of up to 8.5%? pic.twitter.com/uzbzWkKvE7 — 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 offered services for blockchain functionality through validator services, which will lend credibility to this venture, 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 adopted uniformly, thanks to Bitget’s emphasis on an enhanced user experience (UX). A notable new feature is auto-compound, which enables users to achieve the highest staking returns without manually compounding them. This functionality simplifies the staking process and is ideally suited for both novice investors and professionals.
Therefore, thanks to Bitget’s user-oriented approach, this campaign is likely to attract more participants to EGLD staking, furthering the mission to make cryptocurrency investments more accessible.
Attractive Rewards on the MultiversX Network
EGLD holders who opt to stake their tokens in the program can anticipate up to an 8.5% annual return, which is an attractive proposition for those seeking to earn a 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 base interested in its ecosystem but also motivated more individuals to become actively involved.