#USA #staking #On-Chain Earn #Phemex #Samoa

Phemex Introduces On-chain Earn for Superior Staking Experience

Phemex, renowned as one of the most efficient cryptocurrency exchanges globally, has rolled out On-chain Earn, a groundbreaking staking service that integrates proof-of-stake rewards seamlessly into its platform. This innovative feature marks a notable advancement from Phemex's existing earning functionalities, offering users a streamlined approach to generate competitive returns on assets such as ETH and SOL without the need for external wallets or decentralized applications.

Capital Efficiency and Simplification

With the introduction of On-chain Earn, users can enjoy a significantly improved experience in managing their assets. The integrated staking protocols enable customers to keep their resources within a unified account, ensuring transparent distribution of rewards while preserving liquidity according to each network's rules. Gone are the days of navigating a fragmented marketplace; Phemex has consolidated this process into a single, efficient, safe, and intuitive experience.

As part of the launch, Phemex is unveiling an exclusive ETH pool. Participants who stake ETH through wstETH will not only earn staking rewards but also gather Mellow Points and Symbiotic Points. These points may qualify for future project airdrops, providing users with an additional level of upside compared to standard staking returns, thereby setting Phemex apart in the competitive landscape of cryptocurrency exchanges.

Key Benefits of On-chain Earn

• - Competitive Staking Yields: Users can access robust staking yields from supported protocols.
• - One-Click Staking: Hassle-free staking with no additional setup necessary.
• - Flexible Unstaking: Easy unstaking that aligns with blockchain conditions.
• - Institutional-Level Protection: Transparent monitoring of rewards ensuring security.

CEO Insights

Federico Variola, the CEO of Phemex, stated, "On-chain Earn is crafted to optimize how users leverage their assets. Instead of juggling multiple wallets and platforms, clients can now earn directly within Phemex, enjoying visibility and control over their investments. This aligns with our vision of being the most efficient exchange, enabling traders and investors to allocate capital seamlessly across products while maximizing the value of their assets."

Phemex's On-chain Earn feature is an enhancement not only to its wealth management offerings but also complements its spot and futures trading services. During the second phase of the rollout, the service will be expanded to include additional networks and assets, providing users with even more choices on how to earn and manage their capital.

About Phemex

Founded in 2019, Phemex has emerged as the most efficient cryptocurrency exchange, boasting over 6 million traders worldwide. The platform offers a variety of trading products, including spot and derivatives trading, copy trading, and wealth management, all combining seamless functionality with institutional-grade security. Known for its reliability and innovative spirit, Phemex prioritizes user experience and transparency in a sector where trust is paramount. To learn more, visit Phemex's website.