Another opportunity to shape the future is arriving in your lap, as on May 11 at 11:00 UTC we will be launching a new round of BTR Voting where you can bring PEFI to Bitrue using your BTR holdings!
Penguin Finance (PEFI):Penguins can stake their tokens to receive staking rewards and fees collected by applications within the Penguin Finance Ecosystem. Rather than being purely speculative, PEFI's value is derived from the commissions collected from the protocol's users and its utility within PeFi, as well as burning mechanisms. PEFI tokens have many applications ranging from their use in custom yield farming strategies, NFTs, gaming, and fundraising.
When the vote ends, the staking period will begin. For every day that your BTR remains staked you will continue accruing rewards, which will all be paid out in one lump sum at the end of the staking period. You can unfreeze your BTR earlier if you wish, but you will receive fewer rewards as a result. Staking for this coin will last for 7 days, and the total prize pool going out to all participants is 65,000 PEFI.
Deposits for PEFI (Avalanche network supported) will be available on May 11, and if it wins the BTR vote it will start trading with a USDT pair very soon.
BTR Voting is available in the Bitrue app, available to download on both Android and iOS, or use the newly launched web version. Just tap on the BTR Vote icon on the homepage, then select the coin that you wish to support. If you want to maximize your rewards and support new projects as much as possible, you can purchase BTR on the Bitrue exchange.