Introducing the Emirex Staking Program V.0

Emirex is committed to creating a diversified staking program with the possibility of using an algorithmic trading bot.The idea is that Emirex can use the staked funds as capital for trading, and algorithmic trading will provide a return of the interest rate for staking according to the three types of strategy (risk, low risk, and no risk) with an APY of 30–15–10% respectively. The daily profit of the bot is around 1%. 

The program aims to acquire more users with extensive holdings. We are adding a new back end and logic to update the staking mechanism and algorithmic trading connectivity. The objective is to evaluate and master the functionality of an existing solution for staking, create a new front-end UI for users to check staking options, subscribe for staking, and create a new front-end UI for users to submit a large number of deposit requests.

An everyday use case for hybrid staking is to yield more stablecoins. The user receives a subscription amount and interest in USDT or takes a profit, where a user can sell the staked currency at a higher price in the future! There is a settlement date for staking. Earn APY + profit in case a target price is reached. There is no early termination. Funds will be locked until the settlement date. There is a fixed period in which the assets will be locked. Ex: 30d, 60d, 90d. The higher the staking period, the higher interest!

If a user wants to redeem before the end of the duration, the invested amount will be returned without any generated interest. If users have a staking amount and are enrolled in the staking program, the notification is sent by email. The user will receive his generated interest when the staking duration ends. The interest rate (%) is sent to the users' wallets at the due date, and the user redeems. Profit is transferred back to the staking pool wallet.

What advantages does staking have to offer? 

Simple and inexpensive: there is no need for expensive equipment or high monthly power expenses. Your involvement in Proof of Stake merely needs a regular laptop on your end. Users who keep sufficient coins in their wallets can complete transaction confirmations and are paid for their efforts, also referred to as a "passive profit." It is friendlier to the environment since the lack of significant power use results in lower pollution levels. 

Did you know that you have the potential to earn money by staking on Emirex? 

Proof of Stake helps to remove the 51 percent assaults, which are only viable in situations when one individual owns more than 50 percent of the total amount of coins. These types of attacks are eliminated due to the implementation of this security measure. If you're interested, click here to learn more.