Experience seamless earning with Onyx (XCN) staking pools on Earn Network. Get started quickly with our user-friendly step-by-step guide.

The partnership with Earn Network will see Onyx launch dedicated decentralized staking pools for XCN on BNB Smart Chain. Each user will have the opportunity to stake their XCN tokens using two formal staking processes, Flexible or Locked.

Flexible Staking describes a staking pool in which users can deposit and withdraw tokens at any time without any restrictions or lock-up periods. It offers flexibility and liquidity, with rewards distributed on a regular basis. Users can choose to compound their earnings by leaving their rewards in the pool or withdraw them.

Locked staking, also known as fixed-term or time-locked staking, involves staking tokens for a specific lock-up period. Onyx will offer two options here: 15-day and 30-day set staking periods. Users cannot withdraw their staked tokens until the lock-up period expires. In return for committing their tokens for a longer duration, participants typically receive higher staking rewards compared to flexible staking.

All of the ETH fees collected for bridging XCN from ERC20 to BEP20 will be refunded as part of the ongoing gas refund initiative. Onyx recently published an in-depth bridging article and will presently share further details regarding the staking process via Earn Network.

Onyx’s partnership with MyCointainer will also see a dedicated profile dashboard launched. This will serve as a central hub for all Onyx-related products on the platform. Other products under development include wallet integration, facilitating deposits and withdrawals of XCN processed on BNB Smart Chain, and a staking mechanism based on smart contracts operated by Earn. This will enable XCN rewards on the platform for thousands of potential users.

Onyx also intends to introduce ‘Buy XCN with card’ functionality, providing a MasterCard and Visa onramp for XCN, an XCN trading service offering pairs in EUR, USDT, and BTC, and extensive marketing activities. Keep an eye on the Onyx’s socials for the latest updates!

About Onyx Protocol

Onyx Protocol represents a decentralized liquidity protocol that supports multiple token types with aggregated and unified capital access. This protocol solves the capital efficiency trilemma and eliminates the single points of failure inherent in centralized protocols. Unlike other lending protocols, Onyx Protocol offers transparency and trustless lending, making it a better choice for digital asset holders to access and earn liquidity.

Website | Twitter

About Earn Network 

Earn Network provides smart contract infrastructure to connect liquidity providers and pool creators in a completely non-custodial manner.

Website | Twitter

About MyCointainer

MyCointainer’s goal is to enable easy access to various rewarding crypto mechanisms for all. They want everyone to equally benefit from a changing financial landscape and speed up global crypto adoption.

Website | Twitter

SOURCE: ONYX BLOG

REQUEST AN ARTICLE

The post Onyx Protocol Partners with Earn Network and MyCointainer appeared first on Smart Liquidity Research.

Additionally, Wanchain’s native cryptocurrency, $WAN, operates within its cross-chain infrastructure. It is secured through a proprietary Proof of Stake consensus algorithm called Galaxy Consensus, which builds upon Cardano’s Ouroboros. Validators on the network are required to stake WAN coins to participate in transaction validation.

MyCointainer Platform & Wallet Integration

From now on, community members can take advantage of the Wanchain native token’s utility on its platform. Deposits and withdrawals are processed on the Wanchain network, simplifying interactions with the platform wallet and enabling you to choose from various Earning Apps. This seamless integration ensures a user-friendly experience and promotes the growth and adoption of Wanchain within the MyCointainer community.

Staking App

MyCointainer supports $WAN at Staking App, allowing users to earn passive income by holding and staking their assets. Earn an estimated 7.1% APY on your staked $WAN. The longer you hold, the more rewards you can earn.

Exchange App

Users can buy and trade $WAN against EUR, BTC, USDT, and major cryptocurrencies on MyCointainer Exchange App. We use multiple API points to guarantee our users the lowest prices from the market, making it easier to trade and save on fees.

The platform offers different coin bonuses for users who have successfully finished trading any pairs using the built-in exchange.

MyCointainer as Wanchain Validator

In partnership with Wanchain, MyCointainer is proud to announce the successful launch of its validator node, which plays a crucial role in securing the Wanchain network. This collaboration enables them to provide the opportunity for individuals interested in decentralized staking to participate in cold staking.

Additionally, they are actively pursuing the opportunity to become a storeman node, further solidifying their commitment to engaging within the WAN ecosystem.

ABOUT Wanchain

Wanchain is both a sustainable Layer 1 PoS blockchain and a decentralized blockchain interoperability solution. The Wanchain Layer 1 PoS blockchain is a full Ethereum-like environment that works with industry-standard Ethereum tools, DAPPs, and protocols.

Website | Twitter

ABOUT MyCointainer

MyCointainer goal is to enable easy access to various rewarding crypto mechanisms for all. We want everyone to equally benefit from a changing financial landscape and speed up the global advent of crypto adoption.

Website | Twitter

RESOURCES

MyCointainer

REQUEST AN ARTICLE

The post MyCointainer partners with Wanchain appeared first on Smart Liquidity Research.

Aleph Zero is a layer 1 blockchain platform based on a novel, peer-reviewed consensus protocol, AlephBFT. The consensus utilizes a Directed Acyclic Graph architecture as an intermediary data structure, resulting in a rapid time to finality. In the end, however, Aleph Zero is still a blockchain—not a DAG.

AlephBFT, as a DAG consensus protocol, allows multiple users to create units/blocks at the same time, and the blocks are subsequently ordered and validated by this novel consensus. Such an approach allows for massive gains in both speed and throughput of the whole platform.

AZERO is the native coin powering the Aleph Zero platform. The coin fuels the ecosystem to build privacy-enhancing smart contracts, with minimal transaction fees, ultimately bringing efficiency and security with significantly lower risk for external manipulation.

MyCointainer role in Aleph Zero Ecosystem

Users of the MyCointainer website and app will be able to buy and sell AZERO with EUR, BTC, USDT, and other major crypto and fiat currencies. The most reliable exchange service that offers the lowest rate for AZERO with added bonus coins for every transaction.

MyCointainer will act as a testnet & mainnet validator of the Aleph Zero network. Validators maintain the security of the blockchain network, provide transactions, and add new blocks. Thanks to this, MyCointainer will receive rewards which will be shared with its delegators in the cold staking process.

MyCointainer Integrates With Aleph Zero For Some Reason

The integral product of MyCointainer staking service will be available to all AZERO coin holders for an easy-to-stake functionality, no minimum requirements, and at the same time variety of staking assets to choose from. This is the perfect way to grow your portfolio as a beginner in crypto.

For those businesses who would like to begin their crypto enterprise, or for those individuals who would like to build their own nodes, they will be able to utilize the Node Deployment infrastructure of MyCointainer as a tool to build their crypto company whether it is about gaming, exchange, and staking including the Aleph Zero framework.

Aleph Zero represents breaking new ground to solve the Blockchain Trilemma of the current system. Many of the crypto community supports the mission because we believe today is the time to build a platform with great speed, acceptable validation time, scalability, and security.

AZERO proves their project has a concrete roadmap, a team of professionals, and a community backing them. Consider adding AZERO to your watchlist and see a new paradigm of improvements in the crypto ecosystem.

ABOUT Aleph Zero

Aleph Zero is a Proof-of-Stake public blockchain. It combines an original, aBFT consensus protocol with a customized Substrate stack. Currently, they are working on enhancing the platform with a privacy framework based on Zero-knowledge Proofs (ZKPs) and secure Multi-Party Computation (sMPC) to empower developers with a unique approach to private smart contracts.

Website | Twitter

ABOUT MyCointainer

MyCointainer’s goal is to enable easy access to various rewarding crypto mechanisms for all. They want everyone to equally benefit from a changing financial landscape and speed up the global advent of crypto adoption.

Website | Twitter

RESOURCES

MyCointainer

REQUEST AN ARTICLE

The post ​​MyCointainer and Aleph Partnership appeared first on Smart Liquidity Research.