Victoria, Seychelles, 11/11/2024: Bitget, a leading global cryptocurrency exchange platform, has listed Peaq (PEAQ) on Launchpool, giving users the opportunity to earn tokens on the platform. This listing marks a significant milestone in the advancement of decentralized physical infrastructure networks (DePIN). With this initiative, Bitget users can stake BGB and USDT to share a pool of 12,125,000 PEAQ tokens. This effort enhances user engagement with the Peaq platform, bringing abundant rewards to early supporters and adopters.
Peaq is a Layer 1 blockchain designed for Decentralized Physical Infrastructure Networks (DePIN) and Machine RWA. It utilizes parallel block creation technology, supports asynchronous processing, and features flexible core timing to achieve scalability up to 10,000 TPS, with potential to exceed 100,000 TPS after upgrades, at a low transaction cost. Peaq supports EVM (Solidity) and WASM (Rust) smart contracts, offering developers flexibility and pre-built DePIN modular functions via a JavaScript SDK. It integrates with Polkadot, Cosmos, Solana, Binance, and connects with Ethereum, fostering a decentralized economy that rewards network contributors.
The Launchpool listing includes a PEAQ event starting at 16:00 on 12/11 and ending on 19/11. The total reward pool of 12,125,000 PEAQ tokens will be distributed, offering an attractive opportunity for participants to earn rewards through staking. Staked asset returns will be calculated within T+1 hour, with rewards distributed hourly. The platform’s flexibility enhances the user experience as participants can withdraw staked assets at any time. This event underscores Bitget’s commitment to supporting innovative blockchain projects and delivering valuable opportunities to the crypto community.
Bitget Launchpool offers users a unique opportunity to stake tokens and unlock various rewards, including airdrops, substantial earnings, and exclusive access to large reward pools. With user-friendly terms, the platform allows staking with BGB or other coins, enabling participants to earn real-time rewards. This innovative approach positions Bitget Launchpool as a competitive choice for those seeking to maximize returns in the crypto space.
Bitget has continuously expanded its market share in both spot and derivative trading compared to other centralized exchanges. Focusing on providing users with more investment opportunities in popular and valuable projects, the platform is now among the top four crypto spot trading platforms, offering over 800 coins and 900 trading pairs, including tokens from blockchains such as Ethereum, Solana, Base, and TON.
To participate in the Peaq Launchpool, click here.