Disclaimer: The following text is a press release not written by Cryptonews.com.
SINGAPORE, June 13, 2022 – AscendEX, a leading global cryptocurrency platform, is pleased to announce the launch of Solana (SOL) staking, which will be available starting June 13 at 14:00 UTC. AscendEX will offer an APR of 15% on staking deposits, allowing platform users to earn more than double the return paid to users on most Solana staking protocols. Start staking with AscendEX Earn today.
Solana is a high-performance, open-source project that maintains a modern, permissionless, high-speed Layer 1 blockchain. Both a cryptocurrency and a blockchain, Solana strives to scale throughput beyond what has been achieved by competing blockchains while maintaining low costs. The crypto computing platform aims to achieve fast transaction speeds without giving up decentralization.
AscendEX Earn offers users attractive returns on their cryptos by seamlessly interacting with staking and DeFi yield farming products. AscendEX Earn users don’t have to worry about pain points like high gas costs and decentralized crypto wallets, as the platform handles everything from delegation to reward payouts and gas costs on behalf of the user. Users can fully maximize their returns by enabling “Compound Mode” which automatically combines staking rewards to provide the highest possible ROI.
AscendEX Earn also supports using staked assets as collateral for margin and futures trading, a feature not available on any other centralized exchange. Staggered assets on AscendEX can be unbound at any time. Solana (SOL) joins over 75 assets eligible to be deployed on the AscendEX Earn platform including BTC, ETH, USDC, USDT, AVAX, XRP and many others.
To learn more about the offer, visit the AscendEX official website: ascendex.com
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