Binance.US has added support for VeChain staking.
The United States arm of the world’s largest cryptocurrency exchange, Binance.US, has announced that it has launched staking for the VeChain token (VET). According to សេចក្តីប្រកាសថ្មីមួយ, Binance.US customers who stake their VET will earn 1% APY, which will be paid in VeThor (VTHO).
យកចិត្តទុកដាក់ @vechainofficial សហគមន៍!$ VET staking is officially live on # BinanceUS!
Stake now on the largest major # ធ្វើនំ platform in the U.S. – Earn $ VTHO weekly. Unstake at anytime.
ចាប់ផ្តើម៖ https://t.co/xbvR4CY9qv pic.twitter.com/838mDPmWLJ
- Binance.US 🇺🇸 (@BinanceUS) ខែតុលា 19, 2022
Binance.US noted that the staking rewards for VET would be paid out weekly. In addition, there is no mandatory lock-up period for VET staking, as customers can unlock their staked funds whenever they choose without incurring any fee.
“Binance.US customers can now buy, sell, convert, or stake VET, and also buy, sell, and convert VTHO” ការផ្លាស់ប្តូរបានបន្ថែម។
Pushing Widespread Blockchain Adoption
VeChain is currently among the top cryptocurrency projects. Launched in 2018, the VeChainThor blockchain was forked from Ethereum. One of the main ideas behind the development of the network is to roll out architectural upgrades that would boost the adoption of blockchain technology with the main purpose of enhancing supply chain management and business processes.
So far, VeChain has made tremendous progress in solving real-world economic problems. Several firms have leveraged VeChain tech for different purposes. ដូចដែលបានរាយការណ៍ដោយ TheCryptoBasic ។ VeChain partnered with OrionOne, a U.S.-based logistics company, to drive the widespread adoption of blockchain technology among logistics companies.
Last month, VeChain also ventured into another partnership with UCO Network to convert used cooking oil into sustainable biofuels នៅក្នុងទ្វីបអឺរ៉ុប។
Furthermore, VeChain recently partnered with Venice Sustainable Fashion Forum in a collaboration that will drive sustainability in fashion supply chains.
Despite operating a two-token model (VET and VTHO), VeChain disclosed that it has huge stakes in other cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and stablecoins.
- ការផ្សព្វផ្សាយ -
Source: https://thecryptobasic.com/2022/10/20/binance-us-launches-staking-for-vechain-vet/?utm_source=rss&utm_medium=rss&utm_campaign=binance-us-launches-staking-for-vechain-vet