Bitrue to Launch New Yield Farming Hub Soon, Offers Over 150% APY -Breaking
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Bitrue will soon launch a new Yield Farming hub, offering over 150% in APY- Bitrue announced officially the opening of its Yield Farming Hub in January 2022.
- Bitrue will be opening over 20 pools at APRs exceeding 150%.
To stay ahead of its competition, the crypto community continues to expand its network. Bitrue, the most well-known and popular crypto exchange in the world, announced today the official launch of its Yield Farming hub on January 10, 2022. This news is a joyous occasion for all network participants.
This made the team of Bitrue react using the network’s official account on Twitter (NYSE:),
Bitrue’s new #YieldFarming hub is coming January 10th! Use $BTR to maximize your yield & farm coins at 150%+ APY. Discover why BTR is going to become the world’s first #YieldToken.More details at https://t.co/017kCt3wb2 pic.twitter.com/jIxyVHMaYQ
— Bitrue (@BitrueOfficial) January 6, 2022
This tweet posted the news of the major event. “Bitrue’s new #YieldFarming hub is coming January 10th! Use $BTR to maximize your yield & farm coins at 150%+ APY. Discover why BTR is going to become the world’s first #YieldToken.”
The tweet has been retweeted more than 125 times at the time of writing. 359 people have liked the post over the years. It also generated different opinions from members of the crypto twitter community. While some are excited about the opening, others wait to see it happen.
The new Yield Farming hub of the exchange allows users to mine coins in a similar fashion to Decentralized Financing (DeFi), pools. Bitrue will launch over 20 pools that offer APRs exceeding 150%. Users will be able to select from multiple stake periods depending on their investment goals.
In terms of its technology, the pools will be powered by the exchange native digital asset – BTR. In order to start farming, you can stake either BTR (or the coin the user is mining for) BTR’s growth rate has exceeded 300% in the three years since it was launched on July 18, 2018.
Adam O’Neill, Chief Marketing Officer at Bitrue explained,
Our users have the option to select an investment strategy which suits their needs by offering a range of options that offer different locking periods, returns and formats. It makes BTR the world’s first Yield Token – a coin expressly devoted to maximizing the return on investment for cryptocurrencies.
Bitrue on the contrary, has a track record of creating innovative investment products. Power Piggy was the first ever crypto-centric service to be launched anywhere in the globe in 2018. The new hub will include Power Piggy, BTR Lockups and Vote Staking as well as other services that utilize BTR to produce returns.
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