New ‘Axie Infinity’ Ethereum Gaming Token Will Be Distributed to AXS Stakers
Simply put Axie Infinity plans to distribute airdropped bAXS, a new token linked to existing AXS tokens, to qualifying AXS stakers. bAXS will serve specific functions within the Axie economy. AXS has seen a 57% rise over the past month but is still down 99% from its peak. Axie Infinity, the blockchain game where players […]
SEC Exempts Liquid Stakers Such as Lido and Jito From Securities Regulations
Simply put The SEC has exempted fluid staking services from certain restrictions as of Tuesday. Platforms like Lido and Jito can now operate without registering with the agency, allowing them to offer token staking and pay clients directly. This decision follows a previous SEC exemption made in May regarding unregulated staking activities. The SEC made […]
Chainlink Is Now Giving LINK Stakers Tokens from Different Projects – Decrypt
Simply put ChainLink has rolled out a new incentive program designed to reward contributors within its ecosystem, including link holders. This inaugural collaboration involves infrastructure provider Space and Time, focusing on its SXT tokens. Starting May 8th, ChainLink Rewards’ Season Genesis will allow eligible link stakers to claim 2% of their SXT tokens. On Monday, […]