👉 XT Earn is now offering 180-day and 365-day FIL on-chain staking products, with yields sourced from Filecoin mining, providing up to 15% APR! Details are as follows:
| Coin | Duration | Minimum subscription Limit | APR |
| FIL | 180 days | 0.1 FIL | 12% |
| 365 days | 0.1 FIL | 15% |
⏰ Start time: 10:00 on May 14, 2024 (UTC)
Filecoin Staking:
Filecoin Staking is a mechanism that allows storage providers (SPs) to borrow FPs as collateral to provide storage services on the Filecoin network. Unlike the Proof-of-Stake (PoS) cryptocurrency protocol, which provides rewards directly for locked staked tokens, Filecoin's "staking" is more similar to leasing. SPs borrow FPs as collateral and may pay a fee.
The income of Filecoin mining mainly comes from three parts: retrieval income, storage order income and burst block income. After the pre-pledge is completed, miners start to provide storage services for the network, and they will also obtain effective computing power while encapsulating the data. According to the ratio of miners' effective computing power to the total effective computing power of the whole network, combined with the total output of the whole network on the day, the output of miners on the day is obtained. After several adjustments to the output income of Filecoin mining, the current release rule is to release 25% immediately, and the remaining 75% will be released linearly within 180 days.
XT Earn - Advantages of PoS Staking:
- Low Threshold: You only need to hold at least 0.1 FIL to participate in XT.COM staking services, without high token staking requirements.
- High Returns: You can enjoy high APR from FIL staking services. The FIL staking returns of XT Earn are industry-leading! Returns may vary based on network conditions. Your earnings will be settled and distributed daily, allowing you to see the appreciation of your assets in a timely manner.
- High Flexibility: You can choose different periods such as 30 days, 180 days, 365 days etc., to stake your FIL and obtain stable, high returns from on-chain staking.
- High Security: Your FIL will be securely stored in XT.COM's cold wallet, protected by industry-leading security technology and 24/7 platform monitoring. Your staked assets and earnings have complete records and transparent display, allowing you to rest assured.
XT.COM staking service is the best choice for you to participate in Filecoin network, so that your assets are no longer idle, but play a role in creating more value for you.
If you have any questions, please contact online customer service in a timely manner.
Thank you for your support!
XT.COM Team
May 14, 2024
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XT.COM reserves the right, at its discretion, to change, modify, or remove portions of the announcement at any time by posting the amended version on the website.