Bittime – Boson Protocol introduces a new staking Pool for its token holders, which will launch on June 1. This initiative follows the success of previous staking campaigns and aims to better align rewards with future seller and buyer behavior.
In December, initial Pools were launched to assess token holder interest and engagement regarding the network's incentive structure. The feedback has been positive, showing strong support for the staking incentives of the community network, buyers and sellers of Boson token owners.
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What is Boson Protocol?
Boson Protocol (BOSON) is a cryptocurrency that aims to change e-commerce by creating a decentralized marketplace. Boson uses tokenized commitments (such as custom NFTs) to represent buying and selling agreements for physical goods.
This system eliminates intermediaries and builds trust through smart contracts on the Ethereum blockchain. BOSON tokens are used for network governance, transaction fee discounts, and data access within the Boson ecosystem.
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New Staking Pool Key Details
The new reward pool offers improved conditions for its participants:
- Staking with a fixed term of 12 months
- Boson's reward pool is 687,000
- Maximum Pool size: 10 million BOSON
- Minimum reward rate: 13.47%
- Rewards are paid in BOSON
This new campaign, entitled “Boson Staking June 2024 - 360 Day Pool,” will run for 360 days starting from June 2024. The staking campaign will be hosted on AllianceBlock's DeFi Terminal platform, accessible at http://bosonprotocol.defiterm.io .
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How to Move Your Tokens to a New Pool
Current participants in existing staking campaigns can easily move their tokens to a new Pool by following these steps:
- Visit the Boson Staking portal at http://bosonprotocol.defiterm.io.
- Go to the Active Campaigns menu on the left and connect your wallet.
- Under “Staking Boson - 180 day Pool,” click the “Staking migration” button. This will open a migration dialog where you can select a new campaign.
- Select “Staking Boson 2024 - 360 day Pool” by clicking “Migrate to this campaign.”
- Approve transactions in your wallet. Existing staking and reward tokens will be allocated to the new campaign, saving on gas fees.
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How to Join as a New Participant
New participants can join the campaign by following these simple steps:
- Visit the Boson Staking portal at http://bosonprotocol.defiterm.io.
- Go to the Active Campaigns menu on the left and connect your wallet.
- Click “Stake” to open staking details.
- Agree on the number of tokens you want to stake in your wallet.
- Complete the process by clicking the “Stake BOSON Token” button to become an active participant.
For a detailed guide on staking with Boson on AllianceBlock, visit https://bosonprotocol.io/blog/how-to-stake-with-boson-on-allianceblock/ .
Don't miss this opportunity to earn rewards with Boson Protocol's new staking pool, which will launch on June 1! 🚀
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How to Buy Crypto from Bittime
You can buy and sell crypto assets in an easy and safe way through Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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