Bitget, the world’s leading cryptocurrency exchange and Web3 company, has unveiled PoolX, a groundbreaking stake-to-mine platform that enables users to stake specific coins and potentially earn popular tokens in a seamless manner. The inaugural project on PoolX is ChatAI, an AI-driven social and gaming platform based on the Solana blockchain.
According to the team, each PoolX project will feature one or more mining pools, with potential token rewards distributed hourly based on participants’ staking volume. Hourly snapshots of staked amounts will be taken to ensure accurate calculations of users’ proportionate shares and rewards. Each mining pool on PoolX calculates its Annual Percentage Rate (APR) separately, providing users with diverse opportunities to maximize their potential token earnings. Additionally, users enjoy the flexibility to redeem the staked tokens at any time, with staked assets automatically returning to their spot accounts after the mining period ends.
ChatAI, the inaugural project on PoolX, is a dynamic social and gaming platform powered by AI and based on the Solana blockchain. With a rapidly growing community spanning Japan, Taiwan, Hong Kong, Nigeria, Vietnam, and beyond, ChatAI has amassed over 5 million registered users, including over 1 million active users per month and 500,000+ concurrent users daily across more than 170 countries.
‘PoolX marks a significant advancement in our commitment to empowering users with innovative crypto solutions,’ said Gracy Chen, Managing Director of Bitget. ‘With its user-centric design and robust features, PoolX will redefine the token farming experience, offering greater flexibility and profitability to our users.’
For more information about Bitget PoolX and the ChatAI project, users can visit here.
This news story relied on a press release distributed by News Direct. Blockchain Registration, Verification & Enhancement provided by NewsRamp™. The source URL for this press release is Bitget Unveils PoolX: A Pioneering Stake-to-Mine Platform with ChatAI as the Inaugural Project.