Bitget, a prominent cryptocurrency exchange and Web3 company, recently announced the listing of Pirate Nation's native tokens, PIRATE, on PoolX. These tokens are integral to an Ethereum-based roleplaying game, enhancing the gaming experience for Web3 users. The listing on PoolX allows users to stake BGB and USDT to mine PIRATE tokens. Trading commenced at 4 AM (UTC) on June 13, 2024.
Pirate Nation distinguishes itself as a fully on-chain game that leverages blockchain technology to deliver a superior gaming environment to Web3 enthusiasts. The game's ecosystem operates entirely on the blockchain via numerous smart contracts, ensuring transparency and security. Players' items, actions, and achievements are publicly visible and auditable, enhancing trust and accountability. As on-chain games, like Pirate Nation, are inherently linked to the blockchain, they are considered 'forever games,' capable of enduring as long as the blockchain exists. Moreover, these games offer flexibility, enabling players to introduce new features or create customized versions, contributing to the game's ongoing evolution.
Bitget's listing of PIRATE tokens on PoolX responds to the growing demand for these tokens, providing users with a convenient method to stake and potentially earn PIRATE tokens.
PoolX is a project that encompasses multiple mining pools, each distributing token rewards hourly based on participants' staking volume. Hourly snapshots of staked amounts are taken to ensure accurate allocation of rewards. Additionally, each mining pool on PoolX calculates its Annual Percentage Rate (APR) separately, offering users various opportunities to optimize their token earnings. Users benefit from the flexibility to redeem staked tokens at any time, with staked assets automatically reverting to their spot accounts after the mining period concludes.
In a recent development, Bitget expanded its PoolX offerings by listing promising low cap projects like Ulti Protocol (ULTI), Taiko (TAIKO), JungleDoge (JUNGLE), and Email Token (EMT), further enhancing users' stake-to-mine benefits.
Positioned as one of the top 10 crypto spot trading platforms with an extensive range of coins and pairs, Bitget remains committed to empowering users with opportunities to invest in valuable projects. The platform's dominance in the crypto derivatives market is reflected in its Open Interest (OI) indicator surpassing $6 billion on May 4, capturing a notable 25% market share. The introduction of the PoolX platform for stake-to-mine services has garnered significant engagement, offering attractive APR rates. Noteworthy token performances by projects like Kitten Haimer (KHAI), Dimitra (DMTR), Roost Coin (ROOST), and Nettensor (NAO) have driven PoolX's popularity since its launch in April 2024.
For detailed information regarding PIRATE tokens on PoolX, interested users can explore the provided link in the description.
About Bitget
Established in 2018, Bitget stands out as a leading cryptocurrency exchange and Web3 entity. With a user base exceeding 25 million across 100+ countries and regions, Bitget is dedicated to enabling smarter trading experiences for its users through innovative features such as copy trading. The Bitget Wallet, previously known as BitKeep, serves as a top-tier multi-chain crypto wallet, offering a wide array of Web3 solutions including wallet services, swaps, NFT Marketplace, DApp browser, and more. Bitget fosters crypto adoption through strategic partnerships with reputable figures like Lionel Messi and others.
For further details, visit Bitget's official website.
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Bitget
Disclaimer: This article is a sponsored press release. It is advisable to conduct thorough research and seek professional advice before engaging in any cryptocurrency investments.
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