Ether 2.0
Pledging one's ETH on the ETH 2.0 beacon chain and receiving subsequent rewards is very complicated and requires some technical knowledge and hardware support, which is a threshold for the average user.
Therefore, with the change of Ether, major exchanges are also rushing to launch pledge activities. In the following article, we will briefly introduce the ETH pledging methods of Coin, OKX, and Fire Coin, even if you want to participate in ETH 2.0 with a small amount and no threshold!
OKX
Mining revenues are adjusted based on chained locked positions and are expected to be annualized between 4% and 20%.
1. Pledge ETH:Pledge the amount of ETH you want to participate in mining, with a minimum of 0.1 ETH.
2. Gain:The platform issues mining certificates BETH 1:1 and releases mining revenue for you at 11:30(HKT) every day.
3. Redeem ETH:When ETH 2.0 is uploaded to the mainnet, the amount of BETH held will be converted back to ETH 1:1.
Based on the ETH 2.0 chain rules, ETH 2.0 can only be unpledged after the transfer function is opened, and mining funds are expected to be locked up for 1-2 years.
Project Highlights
Gain stabilization:Compared to simply holding ETH, you can get an additional 4 %-20% of locked-in gains.
Low participation threshold:OKX bears all the construction and maintenance costs of ETH2.0 nodes, 0.1 ETH can participate, the chain revenue 100% released to the user.
Help upgrade ETH:Be a witness to the performance upgrade of the Ethernet mainnet.
Flexible exit:Highly flexible, you can sell BETH at any time when you don't want to hold it anymore.
coins
Mining revenues are adjusted based on chained locked positions and are expected to range from 4% to 10% annualized.
1. Extremely low threshold:Just pledge 0.1 ETH
2. Snapshots are taken at 24:00 daily:Proportionate share of chain revenue according to user's BETH position
3. Based on the BETH position snapshot released on T+1:Subject to actual receipt of payment
Program Participation Rules
- Where can I trade BETH:You can trade on the Firecoin Exchange, BETH/USDT, BETH/ETH
- When can I redeem my assets:Based on the ETH2.0 on-chain rules, ETH2.0 can only be unpledged after opening the transfer function, which is expected to take place 6-12 months after the main network merger. At that time, you can exchange BETH for ETH at a ratio of 1:1.
Renminbi Ann
Assuming that the pledge commences on the same day:
- Pledge Date = 2022-10-11 15:00
- Start Date = 2022-10-11 17:00
- Dividend Payment Date = 2022-10-13 03:00
- Redemption ETH Date = To be confirmed
Points of Attention
- Pledge your ETH with one click and start generating revenue easily, providing token quantity protection and reduced coverage. You will receive BETH as a tokenized representation of your pledged ETH at a 1:1 ratio, allowing you to take advantage of its liquidity while enjoying the rewards of pledging ETH.
- During the pledge period, BETH will be rewarded to your cash account daily according to the number of BETH positions you hold. In the future, CoinArt will open BETH trading and cash withdrawal function, please pay attention to the announcement notice for the exact time.
- You will be able to redeem your ETH after the first wave of major upgrades called the Shanghai Upgrade, which will take place at least 6-12 months after the merger, will be enabled for pledge withdrawals. This is due to the fact that the Shanghai upgrade is planned for pledge withdrawals, but has not yet been activated at the time of the merger.
- You can exchange BETH for ETH at a 1:1 ratio and receive an amount equal to the balance of BETH in your spot wallet. In addition, BETH purchased from the market and obtained by pledging ETH will be treated equally.
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