ReadON and Bitcoin.com are delighted to announce extraordinary rewards opportunities for their communities. This joint initiative underscores the partners’ commitment to rewarding their loyal users and growing their respective ecosystems.
VERSE, the native token issued by Bitcoin.com, forms a central part of this initiative. Bitcoin.com has its own decentralized exchange (Verse DEX), featuring lucrative farming and staking mechanisms that allow users to reap substantial earnings and rewards.
Verse DEX offers its users the opportunity to deposit liquidity provider (LP) tokens into Verse Farms, earning additional rewards with an APY of up to 10%. Moreover, instead of merely holding VERSE in their wallets, users can stake their VERSE tokens in Verse Staking smart contracts to earn rewards (currently at 5.25% APT) and the chance to win from a $10,000 pool.
On the other side of this partnership, ReadON offers free points to its community users. By visiting the Verse DEX section located on the ReadON personal center page, users can access Verse Farms and Verse Staking, each winning them 500 ReadON points instantly. The points incentive can be viewed in the Promoted Quest section on the bottom of the page.
“Through this initiative, we hope that everyone can leverage ReadON to learn about potential benefits and gain tangible returns from their exploration of the crypto world. We believe that helping the community to navigate routes to economic return is an important objective under our ultimate goal, and we’re confident that Bitcoin.com shares our visions and beliefs.” said Neo Yi, CEO and cofounder of ReadON.
ReadON is a leading decentralized Web3 content aggregation and distribution community and the creator of a content application chain addressing revenue sharing and content moderation issues of Web2. Its solution comprises privacy measures, a Web2 compatible copyright protocol, and a permissionless Open Content AI Model. With over 100 B2B clients, including top exchanges and growth platforms, ReadON also boasts its own Web3 content aggregation app, ReadON DAO, embraced by around 400k users. Operated by an all-star founding team of accomplished alumni from Qutoutiao, TikTok, BuzzBreaks, and Ernst & Young who achieved remarkable success in the field of Web2 and have strategic visions on innovation, ReadON has now completed $2 million in financing and won 3 hackathon awards.
Bitcoin.com is building products that give everyday people access to a vast world of opportunities to generate personal prosperity without limits. Since 2015, Bitcoin.com has been a global leader in introducing newcomers to cryptocurrency, featuring accessible educational materials, timely and objective news, and easy-to-use fully self-custodial products for buying, spending, trading, investing, and earning with crypto.
VERSE is a rewards and utility token for users who contribute to and participate in the Bitcoin.com ecosystem. Launched in December 2022, the VERSE token is designed to expand access to decentralized finance and help unlock the economic freedom it provides.