Dear BitMart Users,
We are pleased to announce that PolkaBridge (PBR) Staking will be available on BitMart Staking starting from November 10th, 2021. Through BitMart, every user can stake PBR and earn up to 35% rewards on a monthly basis.
I. How to Participate
- PBR Staking is available to BitMart registered users only. (Register Now)
- Deposit at least 50 PBR into your BitMart PBR wallet.
- Hold your PBR for at least one month to get your first reward.
- Estimated annual yield of up to 35%.
II.Staking Rewards Calculation
PBR staking distribution is calculated as follows:
- PBR generated by each user = Total PBR staking rewards received by BitMart * User's PBR holdings ratio.
- User's PBR holdings ratio = User's PBR holdings / Total PBR staked by BitMart.
III. Staking Rewards Distribution
PBR rewards are calculated daily and distributed monthly. Distributions will be completed before the 9th of each month.
For example, if User A stakes at least 1000 PBR on June 1, 2021, he/she can expect the first monthly staking rewards to be calculated based on the average daily holdings from June 1, 2021 to June 31, 2021, and distributed no later than July 9, 2021.
There will be a new round of the staking rewards calculation on the 1st day of each month.
IV. About PolkaBridge (PBR)
PolkaBridge is a decentralized all-in-one application platform.
One of PolkaBridge’s most noticeable products is PolkaBridge Multichain AMM - a decentralized exchange that allows users to swap tokens on different Blockchains without any centralized organizations. In addition, with the smart deflationary farming mechanism, liquidity providers can earn more rewards than they think.
- Token Name: PolkaBridge
- Token Symbol: PBR
- Circulating Supply: 35,942,784 PBR
- Token Type: ERC20/ Polygon
- Official Website: https://polkabridge.org/
- Explorer: https://etherscan.io/address/0x298d492e8c1d909d3f63bc4a36c66c64acb3d695; https://polygonscan.com/token/0x0d6ae2a429df13e44a07cd2969e085e4833f64a0
- Whitepaper: https://polkabridge.org/docs/whitepaper.pdf
- Twitter: https://twitter.com/realpolkabridge
- Telegram: https://t.me/polkabridgegroup
ATTENTION: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. BitMart will make its best effort to list only high-quality coins, but will not be responsible for your investment losses.
Thank you for supporting BitMart!
Nov 9, 2021