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Mintlayer Celebrates Over 80 Million ML Coins Staked with Exclusive ATMQ Token Airdrop

October 23, 2024
in Crypto News
Reading Time: 2 mins read
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Mintlayer Celebrates Over 80 Million ML Coins Staked with Exclusive ATMQ Token Airdrop
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In a landmark achievement for the cryptocurrency and blockchain sector, Mintlayer is excited to announce that it has exceeded a monumental 80 million ML coins staked on its platform, valued at approximately $11 million USD. This milestone not only reinforces Mintlayer’s position as a leading Bitcoin Layer 2 solution by Total Value Locked (TVL) but also triggers a celebratory $ATMQ token airdrop for $ML coin stakers.Additionally, $ML coin staking still offers one of the most competitive APYs, currently at around 64%. There are already 83 million $ML coins staked, with over 4,850 pool delegations and 363 pool operators.

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Airdrop Details to Celebrate Staking Success

To commemorate this significant milestone, Mintlayer, in collaboration with Atomiq DeFi, is thrilled to unveil our second $ATMQ token airdrop, exclusively for our dedicated $ML coin stakers. Here are the details:

  • Total Airdrop: 5 million $ATMQ tokens

  • Eligibility: Stake 100+ $ML for 10+ days during the observation period

  • Observation Period: November 1 – November 30, 2024

  • Vesting: 3-month cliff followed by a 12-month equal vesting schedule

The distribution will be proportional to both the amount and duration of $ML staked during the observation period. Note: Users who delegate to decommissioned pools are ineligible for rewards.

Innovative Staking Solutions on MintlayerMintlayer enhances the staking experience on its mainnet, offering both Staking through delegating to a pool or creating your own pool. Users seeking high yields and full control can create a staking pool with 40,000 ML tokens, while those preferring ease can delegate to a pool with just one ML token for competitive returns with current APY sitting at around 64%.

User-Friendly Staking with Mojito Wallet Mintlayer integrates staking directly with their Mojito wallet, on both Mobile and Browser Extension. This ensures that every community member can participate easily and effectively on any device or computer browser.

About Mintlayer

Mintlayer is a transformative Bitcoin Layer 2 sidechain that augments Bitcoin’s capabilities without compromising its core principles. Featuring native BTC cross-chain swaps, DeFi, dApps, smart contracts, and real-world asset integration, Mintlayer sets new benchmarks in blockchain utility.

For more information about Mintlayer and to participate in our staking initiatives and upcoming airdrops, visit Mintlayer’s official website.

Stay tuned for more exciting updates and airdrop opportunities as we continue to expand our ecosystem!

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Credit: Source link

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