LayerZero (ZRO), a cutting-edge omnichain interoperability protocol, is launching its staking program on Bitget PoolX. Designed for cross-chain lightweight messaging, LayerZero enables trustless communication between blockchain networks through configurable, decentralized validation. It serves as a foundational layer—"blockchain for blockchains"—allowing seamless interoperability without intermediaries.
Staking Mechanics on Bitget PoolX
Bitget’s PoolX platform offers users the opportunity to stake ZRO tokens and earn additional ZRO rewards through a transparent, hourly distribution model.
Key Staking Details
| Parameter | Value |
|-------------------------|---------------|
| ZRO Mining Pool | 25,983 ZRO |
| Maximum ZRO Staking Cap | 129,915 ZRO |
Reward Calculation Formula:
User’s ZRO Rewards = (Staked ZRO ÷ Total Eligible Staked ZRO) × Pool Reward
Staking Timeline
- Start: June 21, 18:00 UTC+8
- End: July 1, 18:00 UTC+8
How It Works
- Hourly Distributions: Rewards are allocated every hour based on staked amounts.
Snapshot Mechanism: Bitget takes hourly snapshots to determine staking shares.
- Example: Staking at 10:46 AM locks tokens at 11:00 AM; rewards accrue at 12:00 PM.
- Flexible Redemption: Unstake anytime; assets auto-return post-mining period.
- APR Calculation: Each pool’s Annual Percentage Rate (APR) is computed separately.
Participation Rules
- KYC Required: Complete identity verification to join.
- Eligibility: Excludes sub-accounts, institutions, and market makers.
- Fair Play: Fraudulent actions (e.g., multi-accounting) forfeit rewards.
- Bitget’s Discretion: Terms may change without notice.
FAQs
1. How often are staking rewards distributed?
Rewards are calculated and disbursed hourly based on snapshot data.
2. Can I unstake my ZRO tokens early?
Yes! Tokens are redeemable anytime, with no lock-up period.
3. What’s the maximum ZRO I can stake?
The pool cap is 129,915 ZRO; individual limits adjust dynamically.
4. Are there risks to staking?
While staking offers rewards, crypto markets remain volatile. DYOR (Do Your Own Research).
👉 Explore LayerZero’s cross-chain potential
Disclaimer: Cryptocurrency investments carry inherent risks. Participate at your own discretion.
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