RATE Group | AdEX Enables Staking Rewards, Price Impact Analysis
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AdEX Enables Staking Rewards, Price Impact Analysis

26 Feb AdEX Enables Staking Rewards, Price Impact Analysis

Posted at 01:25h in Cryptocurrency News by

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AdEX is set to incentivize investors who lock their ADX tokens for an extended period of time. The new feature could have serious implication on the price of this cryptocurrency.

Staking ADX Rewards

The AdEX team announced the official introduction of its staking portal. This platform allows ADX holders to earn rewards while contributing to the network. Starting today, users will be able to see, earn, and withdraw their rewards from the staking portal.

Unlike other staking systems, the AdEx Registry—an application that allows publishers and advertisers to appoint publicly available validators for their campaigns—distributes rewards without inflation of the ADX token. The reason behind it is that validators’ fees are in DAI, which originate from organic ad campaigns payments, according to CEO Ivo Georgiev.

“Choosing ADX as the staking token for the Registry is critical for its security: since this is ADX’s primary purpose, the implication is that most of the tokens will be…

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