In this post:
- Bitrue is launching a new Bitcoin dual rewards program in collaboration with Babylon.
- The program gives Bitcoin (BTC) holders the opportunity to earn double rewards through staking.
- Participants can earn APR (up to 2.3%) in BTC daily with Babylon points for future rewards.
Bitrue is launching a new Bitcoin dual rewards program in collaboration with Babylon Labs, starting on Monday, December 9.
Bitrue gives Bitcoin (BTC) holders the opportunity to earn double rewards through staking in the program. Participants can earn APR (up to 2.3%) in BTC daily. Along with this, they can also earn Babylon Points, which can be redeemed for future rewards.
The purpose of this initiative is for long-term holders wishing to derive the full potential returns from their Bitcoin assets.
This dual rewards system is made possible by the program’s official partner, Babylon Labs. The company makes it possible to integrate decentralized finance (DeFi) innovations with Bitcoin.
Apart from earning rewards by staking, users will be contributing to decentralizing and securing the Bitcoin blockchain.
Bitrue makes the staking process very simple to join
The process to join this program is made very straightforward as Bitrue makes it very easy for the user to stake their BTC with just a few clicks. The process is automated once staked, offering a hassle-free experience.
The Babylon Points system officially goes live on December 10, 2024, at 11 AM UTC. It has a first come first serve model for participation. Before the program starts, users can trade for the BTC, using Bitrue’s BTC/USDT trading pair, in case they don’t currently hold Bitcoin
Secure and flexible participation is guaranteed by the platform. Furthermore, on-chain staking provides a proportional distribution of rewards based on the relative contribution of all users depending on the staked amount.
Bitrue also provides the highest flexible interest rates in the market
Bitrue allows the users to amplify their base 1.3% APR, by inviting others to join the platform. When a referral is successful, the APR increases by 1.12 times (up to 2.3%). Also, this incentivized structure brings another layer of benefits to participants.
Through this launch, Bitrue along with Babylon is aiming to offer a stress-free, secure, and rewarding way to grow the investments of Bitcoin holders all the while contributing to blockchain advancement.
