DUBAI, UAE – May 13, 2022 – Jax.Network , a blockchain company building the infrastructure for tomorrow's energy-standard monetary system, has launched a USDT or BUSD staking program with up to 36% APR and a liquidity farming program with up to 75% APR. Both programs operate on smart contracts, which have passed the CertiK security audit with flying colors. Moreover, the Jax.Network team was also audited and received a KYC badge from CertiK.
The staking program offers the best APR on USDT and BUSD staking in the cryptocurrency market. Depending on the staking plan, people can get up to 36% APR on any amount deposited. Please note that this offer will be applicable only to the first $500,000. Unlocked staking APR is 20%; the yield is paid out every second and can be withdrawn at any moment. Locked staking plans have higher APRs, with flexible lock-ins ranging from 3 months to 12 months.
As for liquidity farming, users can get up to 75% APR on depositing BUSD/WJXN LP tokens or BUSD with a 120-day lock. The yield is paid out in HST, a decimal token of WJXN, block by block and can be withdrawn anytime. Both contracts are totally secure and audited by CertiK.
“We are glad to unveil our staking and liquidity farming programs, which offer one of the highest rewards in the market. But more importantly, our incentives have solid economics and are verified by CertiK,” Vinod Manoharan, the Founder of Jax.Network shared in a comment.
Jax.Network provides the technological infrastructure for a decentralized energy-standard monetary system. The Jax.Network blockchain is anchored to the Bitcoin network and issues two digital currencies JAX and JXN. JAX is a stablecoin pegged to the energy spent on mining, while JXN is an asset coin representing the value of the whole network. The Jax.Network team aims at making these coins a universal standard for the quantification of economic value. Established in 2018, the company united professionals from all over the world to build a blockchain network based on the Proof-of-Work consensus mechanism and pure state sharding as a scaling solution.
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