Mixin Network, a layer-2 PoS platform bringing speed and scalability to the blockchain, announced today it has integrated with Avalanche. Starting the partnership, Exin, one of the most active developer teams in the Mixin ecosystem, and which owns the popular staking product ExinPool, will join the Avalanche validator node ecosystem to provide secure and trusted staking and node services to the community.
The Avalanche Protocol is an open-source DeFi blockchain platform designed with high throughput, low latency, fast finality, and scalability. Smart contracts can be confirmed in less than 1 second and support a full set of Ethereum development toolkits while supporting independent verifiers to participate as miners.
ExinPool is committed to build the Avalanche ecosystem and jointly promote network stability and decentralization. Users can participate in the Avalanche ExinPool node through the entrance on Mixin Messenger to get stable returns.
All ExinPool nodes have a queuing mechanism for joining and exiting (ignoring the rule that the 14-day locked period for staking), providing excellent liquidity and allowing users to participate in staking with zero thresholds and earn stable returns.Now, ExinPool is encouraging the community to participate in node co-construction and profit from the early-bird benefits in the early stages of the Avalanche node. Currently, the AVAX staking annualized percentage rate (APR) is about 10.08%.Users participating through ExinPool can enjoy super-high node revenue dividends while receiving additional AVAX, BTC, and EPC rewards during the campaign period. This will significantly boost the rate of return (short-term APR is close to 15%, exclusive of the extra BTC, EPC rewards).
Details of the early-bird benefits are as follows:
99% of node staking rewards will be returned to each node participant daily.Per every 10 AVAX staked, participants will receive a reward of 0.001 AVAX per day for three months. Note: The maximum reward of 1 AVAX per day is for the first 10,000 AVAX participants.There will be a BTC bonus distribution to participants, with a daily BTC bonus of 100 Satoshi for every 10 AVAX from the participant lasting for one month.In addition, those who participate in ExinPool AVAX nodes will receive an EPC bonus: every 10 AVAX staked, participants can earn 10 EPC per day lasting for one month.Follow-up activities that may be launched: ExinPool users who stake AVAX with ExinPool could receive LP Token, which can be used for trading, mortgage, lending, etc.Note: The returns and bonuses are distributed through ExinPool, with zero transaction fee.
The post Mixin to provide staking services to Avalanche ecosystem as validator appeared first on CryptoNinjas.
Title: Mixin to provide staking services to Avalanche ecosystem as validator
Sourced From: www.cryptoninjas.net/2021/09/15/mixin-to-provide-staking-services-to-avalanche-ecosystem-as-validator/
Published Date: Wed, 15 Sep 2021 17:17:01 +0000
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