XT Earn are committed to providing you with a top-tier digital currency investment experience. Safety of user funds is our top priority, which is why we employ industry-leading risk control technology and round-the-clock monitoring systems to ensure comprehensive protection of our assets. Our product design is centered around the user, aiming to deliver industry-leading returns while ensuring a streamlined and convenient product experience.
The Wealth Management team was established in 2018 and has become one of the largest digital asset management teams in the industry. Team members graduated from prestigious institutions such as Stanford University, the National University of Singapore, Tsinghua University, and Carnegie Mellon University. Members have rich work experience in Web3 exchanges, traditional private equity firms, and the internet industry.
Whether you're a novice in cryptocurrency or a seasoned investor, XT Earn makes your investment journey easy and enjoyable.
Staking (Proof of Staking)
POS Staking is a consensus mechanism that allows holders to stake their cryptocurrency as collateral to support the security and operation of the network. These assets are referred to as 'Stake assets', while the nodes participating in staking are called 'Staking nodes'.
The working principle of on-chain node staking is that users lock their cryptocurrency in a smart contract to support the network's consensus mechanism. In return, they receive newly minted tokens or transaction fees as rewards based on the proportion specified by the network protocol.
XT Staking has built a low-barrier, high-yield bridge for users to become participants in the Pos network.
Participate in on-chain staking: https://www.xt.com/en/finance/staking
The reasons for the fluctuation in on-chain staking yield are as follows:
- Network Activity: Changes in trading volume and network utilization affect transaction fees, thereby impacting Staking returns.
- Total Staked Amount: If the total amount staked on the network increases, the reward share for individual stakers may decrease.
- Inflation Rate: Some blockchain networks adjust the quantity of newly minted tokens based on inflation mechanisms, which also affects staking returns.
- Network Protocol Updates: Blockchain networks may undergo protocol upgrades or changes, which could adjust the reward structure for Staking.
Hence, the yield from Staking isn't set in stone, rather, it dynamically adapts to changes in network dynamics and other factors. This approach encourages users to commit to long-term network support, underscoring the dynamic and intricate nature of the blockchain ecosystem.
The Advantages of XT Earn's POS Staking Products:
- High Yield: XT.com offers industry-leading on-chain staking returns, maximizing the distribution of on-chain earnings to users and eliminating intermediary profit margins.
- Flexibility: You can choose from different product durations, such as 7 days, 14 days, 30 days, 60 days, etc., to stake your tokens. This allows you to gain stable, high returns from on-chain earnings.
- Security: Your ETH, SOL, and other tokens will be securely stored in XT.COM's cold wallets, protected by industry-leading security technology and 24/7 platform monitoring. Your stake assets and earnings are fully recorded and transparently displayed, ensuring peace of mind.
- Low Threshold: You only need to hold a small amount of PoS tokens to participate in XT.COM staking services, without high token staking conditions. For example, with ETH Staking, users do not need to prepare 32 ETH to set up a node. They can participate in the ETH ecosystem with a minimum investment of 0.001 ETH and earn on-chain staking rewards.
Interest Calculation for PoS Staking:
Interest is calculated starting from the day after the staking (D+1).
The formula for PoS Staking calculation is: Interest = Investment Amount x Floating APR x Product Durations / 365.
How to work?
Steps for Web Interface:
- Please log into your XT account. If you are a new user, please click Here to register. Then, select 'Finance' -'Staking' in the navigation bar .
- In ‘POS Staking’, users can view all current staking products. Users can filter by criteria and use the search bar to find desired currencies and product types. Subscriptions can be made based on preferences for APR returns, subscription periods, minimum limits, and other criteria.
- Click on 'Subscribe' button for your preferred product to enter the 'Subscription Popup'. Enter the desired subscription amount, check the duration, subscription limit, estimated Est. total interest, start and distribution dates, then click the 'Confirm' button.
- After successful subscription, you can click on 'View Positions', or click on 'Funds' - 'Earn' - 'Staking' - 'POS Staking' at top right corner of the navigation bar to view subscription earnings and subscription status.
Steps for APP:
- Click on 'Earn Overview' on the homepage or select 'Assets' on the bottom right corner of APP, then click on 'Earn'-'Earn Overview'.
- Click on 'Staking', search for the crypto, find the desired financial product, and click to enter the subscription popup.
- After entering the subscription popup, input the desired subscription amount, then click 'Confirm' to complete the subscription process. To review subscription details, please click on 'View Positions', or return back to 'Assets' - 'Earn' section to check the holdings.