Connect with us

Alternative Energy

OXStake Announces the Launch of a New Way to Stake Cryptos

Published

on

OXStake is entering the blockchain industry with a new competitive offer to change the way investors earn crypto passive income. The project has already launched on the Fantom (FTM) blockchain, and it plans to enlarge its chain coverage soon.

As we explain in the following sections, the project was already able to announce several appealing features through its social media channels.

The OXStake Offer

OXStake wants to catch the investors’ attention with a clear message. By joining the platform, it will be possible to earn cryptocurrencies at any moment, with no time restrictions on withdrawals (unless you capitalize interest: in that case, you’ll only be able to withdraw after the end of your deposit).

The team has announced the launch of a system providing traders with a sustainable and fixed daily interest over time during the project’s lifespan. OXStake offers different plans that come with different promised returns each day, depending on the risk you are willing to take.

Moreover, the project promised a 0.5% basic interest rate daily increase (or, if you prefer, 0.025% each hour) for new deposits on the system. OXStake does not limit maximum deposits, and it requires a minimum contribution equal to 10 FTM. 

In terms of security, the project relies on an audited immutable smart contract, which means its code cannot be changed and cannot lead to balance withdrawals.

Concerning fees, the cost of the deposit is equal to 5%, while each transaction comes with a 7% insurance fee. Combining these two revenue streams should help the project endure long-term.

Entering the OXStake System

The team shared a quick guide to explain to investors how to join the OXStake system:

  • Step 1: download and install the MetaMask extension for your favorite browser.
  • Step 2: make sure you add the Fantom network to the extension.
  • Step 3: transfer FTM to the wallet address you see on MetaMask. At this point, you will need to double-check that the system you are using to send FTM actually uses the Fantom network.
  • Step 4: you are now ready to open the OXStake website and connect your MetaMask wallet.
  • Step 5: the “deposit amount” functionality will let you fund your account, and the “invest” button will allow you to enjoy the services offered by this project.

About OXStake

Using fast and inexpensive blockchains like Avalanche, Fantom, and Polygon, OXStake leverages a cross-chain high-yield farming software to attract investors.

The first blockchain that the team targeted for its launch was Fantom. Fantom users may generate passive income by staking their FTM tokens, which are paid out in more FTM to the staking wallets.

Apart from the features mentioned above, the team promised the market the creation of an active community, a referral system with awards, and a contest for all the creators on the platform, coupled with competitions and random drops.

The project’s community is growing, and besides its official website, the readers can visit the OXStake social media pages below to find more information on this initiative.

Telegram | Twitter

 

 

 

 

 

 

 

 

 

 

 

 

Continue Reading
Advertisement
Advertisement
Advertisement Submit
Press Release19 hours ago

CREcoin: The Future of Real Estate is Here—And It’s Powered by a Meme Coin Revolution!

Press Release2 days ago

The Next Frontier of NFTs, Anime, and Gaming: How DebitMyData Is Making it Possible to Earn a Living From Your Data through Yourself-An Agentic Avatar that You Create and Own

Press Release1 week ago

The Truth About Veronum: Not a Scam, But the Next 100x Opportunity?

fitness wearables
Gadgets & Electronics2 weeks ago

Is Your Fitness Tracker Spying on You? The Dark Side of Health Wearables

The Future of Industries
Technology2 weeks ago

The Future of AR & VR: How These Technologies Are Changing the World

The Players
Technology2 weeks ago

The Race to Mars: SpaceX, NASA, and the Future of Space Exploration  

World of Technology
Technology2 weeks ago

Quantum Computing: The Next Big Tech Disruption Explained

Best Gaming Laptops
Computers & IT2 weeks ago

Top 10 Laptops for Gamers, Creators, and Business Professionals: A 2025 Guide

Fitness tracking and step counting
Technology3 weeks ago

Smartwatches Can Now Detect Heart Attacks: Would You Trust One?

Market Share
Gadgets & Electronics3 weeks ago

iPhone vs. Samsung: Which Smartphone Reigns Supreme in 2025?

Will AI Predict Your Death?
Artificial Intelligence3 weeks ago

Will AI Predict Your Death? The Rise of Predictive Health Analytics

A balanced approach, where AI supports human doctors.
Green Technology3 weeks ago

Can AI Replace Doctors? The Future of AI-Powered Healthcare

Artificial Intelligence (AI) and Machine Learning (ML)
Technology3 weeks ago

How AI and Machine Learning Are Revolutionizing Every Industry

Press Release3 weeks ago

AI-Powered Fanplayr Personal Shopper Revolutionizes Online eCommerce

Concerned investors in a bustling trading environment.
Business3 weeks ago

Tech Stocks Take a Hit: Market Turmoil and Tariff Fears Drive Selloff

Advertisement
Advertisement

Trending News