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HTX to Boost Liquid Restaking Quota Totaling $150 Million with Upgraded Point System

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–News Direct–

HTX, a world-leading cryptocurrency exchange, reportedly announced an upcoming, significant upgrade to its Liquid Restaking event, featuring an injection into the quota pool and the adoption of the new point system, to reward its users. This move stands HTX out for its event's stability and genuine commitment despite the backdrop of market volatility.

Upsized Rewards Based on Quota Totaling $150M

HTX will launch a brand-new version of Liquid Restaking on May 16, 2024, at 09:00 (UTC). This upgrade includes an additional $50M quota.

According to HTX's announcement, with the additional quota, Liquid Restaking is offering a total staking quota of $150 million. This includes 5,000 ETH, 250 BTC, 2,000B HTX, and 30,000,000 TRX. Users can register for Liquid Restaking with their spot and futures account balances snapshotted to easily earn rewards, including airdrops from popular projects such as EigenLayer and BounceBit.

Allocation of Additional $50M Quota:

An increase of a 5,000 ETH quota allocated to EigenLayer and Puffer, effective from May 16. Accordingly, you will get airdrop rewards from EigenLayer on a total quota of 5,000 ETH and from Puffer on a total quota of 5,000 ETH daily.

An increase of a 250 BTC quota allocated to BounceBit, effective from April 19. Accordingly, you will get airdrop rewards from BounceBit on a total quota of 500 BTC daily.

An increase of 2,000B $HTX and 30,000,000 TRX quotas, effective from May 16. You will get more rewards accordingly.

New Point System: Automatically Mapping LRS Points to r-Points

HTX Liquid Restaking will adopt a new point system of r-points effective from May 16, which can be redeemed for rewards provided by corresponding projects. Points earned before May 16 will be automatically updated to r-points.

After the upgrade, participants will receive r-points based on the cryptocurrency they enable for the event, which can be redeemed for airdrops from corresponding projects. For r-points distribution rules, please read HTX's official event announcement. See r-Points explained below:

r-points give participants a clearer display of their rewards when they claim airdrops. LRS points participants earned by May 12, 2024, 16:00 (UTC) will be proportionally mapped to the corresponding project points, marked as r-points after the upgrade. For example: 10 LRS-ETH = 10 r-stETH + 5 r-EIGEN + 5 r-PUFF. For mapping details, please read: Updates on Liquid Restaking: Adding $50M Quota, New Point System, One-Click Reward Claims

As the first exchange to eliminate participation barriers for on-chain restaking, HTX is comfortably ahead in the restaking field with its innovative Liquid Restaking event. The event features no lockups, no staking, high returns, and flexibility, which is noteworthy especially for investors seeking to capitalize on the on-chain staking revolution without compromising liquidity.

About HTX

Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3.

Contact Details

Michael Wang

glo-media@htx-inc.com

Company Website

https://www.htx.com/

View source version on newsdirect.com: https://newsdirect.com/news/htx-to-boost-liquid-restaking-quota-totaling-150-million-with-upgraded-point-system-613405027

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Promotional Product Experts: One-Stop Destination for High-Quality Branded Business Products Across Australia

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Australia, 25th Nov 2024 – Promotional Product Experts, a leading provider of custom-branded business promotional products, is redefining how companies across Australia promote their brands. Offering a diverse range of items with professional printing and embroidery services, the company ensures businesses can create impactful and cost-effective promotional campaigns.

Whether you’re looking for a simple ballpoint pen or a large golf umbrella, Promotional Product Experts guarantees value, quality, and precision across all items. The company also offers a wide variety of branded corporate promotional materials, including keyrings, clothing and apparel, coffee mugs, bags, satchels, and more. Businesses in major cities such as Brisbane, Melbourne, Sydney, Perth, and Adelaide can benefit from these top-tier services.

A Seamless Experience for Your Brand’s Promotional Needs

Promotional Product Experts understands the importance of delivering exceptional service. The website is designed for ease of use, allowing customers to browse a comprehensive catalog of products and request quotes effortlessly. The team provides accurate artwork specifications tailored to individual items, ensuring the final product exceeds expectations.

“We pride ourselves on providing not only high-quality promotional products but also a seamless and efficient experience for our clients,” said Gavin Sekler, spokesperson for Promotional Product Experts. “From concept to delivery, we’re committed to proactive customer service and timely delivery for complete peace of mind.”

Innovative Product Offerings for Every Need

The company specializes in a variety of promotional products, including:

  • Corporate Cheese Sets: Add a touch of sophistication to your branding with promotional cheese boards. Explore options at Corporate Cheese Sets.
  • Corporate Umbrellas: Make a lasting impression with high-quality branded umbrellas. Learn more at Corporate Umbrellas.

These products are carefully curated to enhance a brand’s visibility while maintaining a professional image.

Reliable Delivery and Expert Support

Promotional Product Experts is committed to delivering a hassle-free experience. With a proactive customer support team just a phone call away, the company ensures businesses can navigate the entire process smoothly. Whether it’s addressing queries or assisting with artwork, the team is dedicated to providing unparalleled support.

Why Choose Promotional Product Experts?

  • High-quality corporate promotional merchandise.
  • Affordable and effective branding solutions for businesses.
  • Proactive customer service and reliable delivery across Australia.
  • Easy-to-navigate website for convenient browsing and quoting.

Businesses seeking impactful promotional products can trust Promotional Product Experts to deliver excellence at every step.

Get Started Today

Join the many Australian companies that have enhanced their brand visibility with Promotional Product Experts. Visit www.promotionalproductexperts.com.au to explore the range of promotional business products and request your quote today.

About Promotional Product Experts

Promotional Product Experts is a trusted provider of high-quality promotional merchandise, specializing in professionally branded business items to meet the marketing needs of companies across Australia. With years of experience in the industry, the company has established itself as a leader by offering a diverse range of products combined with exceptional customer service. Whether for corporate events, employee giveaways, or marketing campaigns, Promotional Product Experts delivers innovative solutions that leave a lasting impression.

Media Contact

Organization: Promotional Product Experts

Contact Person: Gavin Sekler

Website: https://www.promotionalproductexperts.com.au/

Email: Send Email

Country: Australia

Release Id: 25112420419

The post Promotional Product Experts: One-Stop Destination for High-Quality Branded Business Products Across Australia appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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DuckChain Mainnet Launch: Bridging Web2 and Web3 with ISO Innovation

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Last year, Paradigm’s CTO Georgios Konstantopoulos pointed out the inefficiencies in how crypto chains and assets work together via one of his tweets. His thoughts highlighted a major issue in Web3 adoption: complexity.

This native model has become a big hurdle in mass adoption of web3. Even completing one single transaction at times requires too many complex steps Just to make a transaction on a new Layer 1 or Layer 2, a user needs to create an account, securely store the private key or seed phrase, buy gas tokens via a centralized exchange, or bridge assets from another chain-just to start interacting with the new ecosystem.

This process can overwhelm traditional users used to simple “plug-and-play”systems. Thankfully, Web3 builders are introducing “execution-free” solutions to make onboarding easier.

DuckChain: Bridging Web2 and Web3 with ISO

DuckChain is leading the way of this evolution. As the first consumer-grade Layer solution on The Open Network (TON), DuckChain introduced the innovative concept of ISO (Initial Star Offering). This allows users to convert Telegram Stars into on-chain Star assets, bridging Web2 and Web3 seamlessly.

This unique feature makes DuckChain the key to onboarding millions of Telegram users into Web3. It also connects TON with EVM and Bitcoin ecosystems, boosting liquidity and bringing developers to TON.

The market has also recognized DuckChain’s narrative and growth potential.

DuckChain’s Testnet Achievements

DuckChain’s testnet was a massive success:

  • Daily Active Users: Over 2 Million on MiniApps
  • Total Transactions: 29 million
  • User Deposits: $2 million from Web2 users
  • Paying Users: 1 Million
  • Partners: Supported by 20+ partners like Arbitrum and OKX

With the mainnet launch, DuckChain is all set to accelerate Telegram’s evolution into a super app and open a portal connecting the Web2 and Web3 worlds.

ISO: Introducing Telegram Stars as Unified Gas for Chain Transactions

DuckChain, the first TON-based Layer solution built on Arbitrum Orbit, positions itself as a consumer layer. Its mission is to onboard nearly a billion Telegram users to blockchain infrastructure.

Today, most blockchains use their native tokens as gas fees which means users need different tokens for various ecosystems, which makes cross-chain transactions complicated. DuckChain solves this by creating a unified gas system through ISO (Initial Star Offering). With ISO, Telegram Stars can easily be turned into on-chain assets to pay gas fees.

DuckChain’s new mainnet supports assets for on-chain activities. Future updates will also add features like account and chain abstraction to make transactions even easier.

Telegram Star, the native token for the Telegram ecosystem, simplifies payments for services and goods. It can be purchased directly with Apple Pay or Google Pay without needing third-party platforms. Both Web2 and Web3 users can use Telegram Stars within DuckChain, making transactions simple and accessible.

This system not only connects Web2 and Web3 users but also opens doors for wider use of decentralized finance (DeFi) within Telegram’s ecosystem.

DuckChain: Enabling Telegram’s Super App Ambitions

Telegram has integrated with TON and launched MiniApps, aiming to become a Web3 super app.

However, building a mature Web3 ecosystem requires three essentials: user traffic, liquidity, and a thriving ecosystem.

Currently, the Telegram ecosystem faces 3 key challenges:

  1. A predominantly off-chain user base of nearly 1 billion.
  2. A TVL of $300M concentrated in TON and stablecoins, indicating liquidity shortages.
  3. Complex development frameworks which slows developer participation.

DuckChain addresses these challenges through ISO, liquidity hubs, and modular development tools.

TON’s Liquidity Hub

EVM-compatible chains currently hold 80% of the total $100 billion in DeFi, while Bitcoin assets represent a large, untapped $1.8 trillion market. TON’s ecosystem, however, faces liquidity shortages. DuckChain, built on Arbitrum Orbit, connects TON with EVM-compatible ecosystems for seamless interoperability.

Moreover, it integrates deeply with Bitcoin L2 solutions, such as Babylon, making it a crucial bridge for TON’s liquidity and value exchange.

DuckChain’s mainnet introduces solutions like multi-chain and liquidity abstraction, enabling users to pay gas fees using various tokens, including TON and Telegram Star. It also incentivizes TON staking through DuckChain, offering annual yields and facilitating liquidity flow between ecosystems.

Modular Tools for Developers

To overcome TON’s development complexity, DuckChain collaborates with Arbitrum to provide an EVM-compatible framework, simplifying the creation, deployment, and migration of applications. Developers can leverage staking, marketplaces, DID systems, and other modular tools to build scalable dApps, seamlessly integrated with Telegram MiniApps.

DuckChain has already attracted over 50 ecosystem projects, fueling early-stage growth in TON’s application layer.

Soda Lee

https://duckchain.io/

info@duckchain.io

SOURCE: DuckChain

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Dark Academia Fashion – The Ultimate Online Destination for Fashion, Aesthetic and Clothes

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Dark Academia Fashion offers quality products for those who cherish classic style and the beauty of Dark Academia.

New York, New York, United States, 25th Nov 2024 – Introducing Dark Academia Fashion, a new online store crafted for lovers of Dark Academia Aesthetic. This carefully curated selection of clothing, accessories, and decor allows visitors to step into a world of intellectual charm and classic elegance, inspired by ivy-clad campuses, timeless literature, and scholarly sophistication.

Dark Academia fashion is more than just a look—it’s an aesthetic that reflects a love for knowledge, art, and classic style. At our Fashion Shop, discover wool blazers, cozy sweaters, pleated skirts, and accessories like leather-bound notebooks and vintage-inspired jewelry, each evoking the moody allure of academia.

What’s on Offer?

Our shop offers a variety of products carefully tailored to each aspect of the Dark Academia aesthetic, including:

Clothing: From tweed blazers and high-waisted trousers to cozy wool sweaters and pleated skirts, our clothing line combines classic cuts with vintage-inspired designs. Each item is crafted to fit seamlessly into the wardrobe of anyone who appreciates understated elegance and academic style.

Accessories: The right accessories can elevate any look, and we offer a range of items designed to complement the Dark Academia wardrobe. Think vintage brooches, leather-bound notebooks, tortoiseshell glasses, and more to complete your look.

Home Decor: A true Dark Academia aesthetic is incomplete without a space that reflects the same mystery and intellectual charm. Our decor selection includes antique-style bookends, brass candle holders, and framed artwork inspired by classic literature and Renaissance art—perfect for creating an atmosphere reminiscent of a time gone by.

To celebrate the launch, Dark Academia Fashion is hosting a virtual event featuring live styling sessions, exclusive product previews, and special giveaways. Register for free on our website and follow us on social media for updates.

Media Contact

Organization: Dark Academia Fashion

Contact Person: Customer Support

Website: https://darkacademiafashion.com

Email: Send Email

Address: 815 Liberty Ave

City: New York

State: New York

Country: United States

Release Id: 25112420415

The post Dark Academia Fashion – The Ultimate Online Destination for Fashion, Aesthetic and Clothes appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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