BlockchainFX has unveiled a new staking system that prioritizes sustainable revenue generation over traditional inflationary token emissions. This innovative approach aims to enhance user engagement and create a more stable economic environment for its token holders, and the publication demonstrates positive momentum in the developments.
Staking System Overview
The staking system operates by allocating 70 percent of the fees generated from every trade on the platform to the BFX staking pool, as well as for buybacks and token burns. This strategic allocation not only incentivizes users to stake their BFX and USDT but also helps to maintain a healthy demand for the BFX token in the market.
Sustainable Revenue Model
By focusing on sustainable revenue, BlockchainFX aims to provide a more reliable source of passive income for its users. This model contrasts with many existing platforms that rely heavily on inflationary practices, potentially leading to long-term devaluation of tokens. With this new system, BlockchainFX is positioning itself as a forward-thinking player in the crypto space, appealing to investors looking for stability and growth.
In a notable advancement for the DeFi sector, iAssets has launched on Supralend, offering users innovative lending and staking options. This development contrasts with BlockchainFX's new staking system, emphasizing sustainable revenue generation. For more details, see iAssets launch.
