At Bit2Me, we keep working to improve our services and offer you the best solutions. To this end, we have added four new cryptocurrencies to Bit2Me Earn, our staking platform that allows you to put your cryptocurrencies to work for you and earn rewards.
This time, the tokens that will join the Bit2Me Pro offer, which already has more than 30,000 users and 23 tokens to stake and get rewards without having to do anything, are Near Protocol (NEAR), Fantom (FTM), and Kilt Protocol (KILT).
In addition, if you are a B2M holder, the native token of our platform, you will receive additional benefits for staking any of these cryptocurrencies in Bit2Me Earn.
Three New Cryptocurrencies on Bit2Me Earn
Near Protocol (NEAR) (APY 8.5% and up to 13% for B2M holders)
Near Protocol is a decentralized platform that aims to facilitate the development and deployment of decentralized applications (DApps) on its own blockchain. Near Protocol uses technologies such as the Ethereum Virtual Machine (EVM), side-chain construction, sharding, and the use of open source technologies and programming languages to facilitate the development and operation of the platform. At the same time, the Near platform is highly scalable, allowing it to offer Blockchain as a Service (BaaS) capabilities.
Near Protocol features Rainbow Bridge, a bridge for connecting blockchains that allows users to transfer ERC-20 tokens, stablecoins, NFT, or wrapped tokens between Ethereum and NEAR, allowing Ethereum developers and users to enjoy Near Protocol’s increased processing power and lower fees.
NEAR is an ERC-20-derived token used for paying network fees and rewards, as well as access to dApps and network services, and for protocol governance.
Fantom (FTM) (APY 2% and up to 6,5% for B2M holders)
Fantom is a DLT that allows you to create a decentralized platform to manage Ethereum-compatible cryptocurrencies and smart contracts. The main difference between Fantom and other similar projects is that Fantom does not use a blockchain but rather a directed acyclic graph (DAG), allowing it greater flexibility and speed than its blockchain competitors.
Fantom has become an ideal environment for developing decentralized applications, and we can find some big projects working on it, such as Curve, Sushi, or Yean Finance.
Fantom has also developed its own consensus algorithm called Lachesis, characterized by being asynchronous, i.e., participants are free to process commands at different times. Lachesis also stands out as a leaderless and byzantine fault-tolerant protocol with near-instantaneous transactions.
FTM, Fantom’s native token, is primarily used to pay network transaction fees and be the economic incentive for validators, who can stake with it to improve network security and resolve governance issues.
Kilt Protocol (KILT) (APY 5.5% and up to 10% for B2M holders)
Kilt Protocol (KILT) is a standard for identity verification in Web3 applications, developed in the Polkadot and Kusama networks. Kilt seeks to facilitate interaction with Web3 services, simplifying identity management by creating a new standard for identity verification that extends beyond Polkadot and Kusama.
Kilt Protocol aims to create, issue, claim, present, and verify digital credentials using blockchain and decentralized technology to protect data privacy and maintain control at any time.
The KILT token aims to protect the network and incentivize its good use and decentralization, being necessary for the network staking system and for nodes to initiate transaction verification.
