Academy > Press Room > Article

OKEx Pool Announces Annual Yield Increase With Up To 107% For Tezos (XTZ) Baking

2020.01.07

OKEx Pool, a comprehensive mining pool built upon the world’s leading cryptocurrency exchange OKEx, announces to increase the annual yield for Tezos (XTZ) baking (staking) with maximum 107% increase in return. The new rates are available now. The yields are settled with OKB and delivered to the users’ mining accounts on a daily basis.

OKEx Pool offers flexible staking periods for Tezos baking, namely 30 days, 60 days, 90 days, and flexible period, offering 5.6%, 5.9%, 6.3%, and 5.3% estimated annual yield respectively. With this rate update, users who opt for the flexible baking period can enjoy the highest increase in return of up to 107%.

By joining Tezos baking with OKEx Pool, users can enjoy the following key advantages:

1. The yield calculation will start from the next day (T+1), which means stake holders don’t need to undergo any lock-up period before receiving their returns.

2. Stakers can enjoy up to 6.3% annual yield, which is the top three among all Tezos baking service providers.

3. The yield is delivered directly to the user’s mining accounts on a daily basis.

4. Built upon the world’s leading cryptocurrency trading platform OKEx, OKEx Pool offers one-stop mining services for miners, so that they can settle their mining yield in OKEx mining account directly, and enjoy the trading service on OKEx with XTZ/USDT and XTZ/BTC trading pairs quite conveniently.

How the staking service works on OKEx Pool?  

The staking process generally involves holding on to funds in a cryptocurrency wallet with the intention of supporting the operations of a particular blockchain network. By doing so, the participant will be eligible to receive a reward. The XTZ baking service is a similar program, where OKEx Pool users can support Tezos by staking XTZ and earn from it.

To join the staking service on OKEx Pool, users need to visit https://www.okex.com or download OKEx App to complete the new user registration, and enter “OKEx Pool” to find the “Tezos (XTZ) staking” service. For more details, please visit Staking Service Agreement.

OKEx Pool is a comprehensive mining pool built upon the world’s leading cryptocurrency exchange OKEx, offering a one-stop mining and trading experience for users. Currently, OKEx Pool supports the mining of a plethora of PoW, PoS, and PoS-variant assets. In terms of PoW mining, OKEx Pool supports 12 major cryptocurrencies including BTC, BSV, ETH, and LTC, etc. In terms of PoS & PoS-variant mining, it supports 8 cryptocurrencies including EOS, ATOM, XTZ, and DAI, etc. Besides mining, OKEx also serves as blockchain nodes for over 20 projects and provides users with a range of hedging and staking services.


Disclaimer: This material should not be taken as the basis for making investment decisions, nor be construed as a recommendation to engage in investment transactions. Trading digital assets involves significant risk and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.


Media contact:
Vivien Choi
Email: [email protected]
Telegram: @vivienchoi

Recommended