Tokens.com Adds Solana, Terra, and Ankr Tokens to its Staking Inventory
Tokens.com (OTCQB: SMURF) has acquired 10,000 Solana (SOL), 22,500 Terra (LUNA), and 3,022,453 Ankr (ANKR) tokens for crypto staking. This environmentally-friendly method allows for the organic growth of its token inventory. CEO Andrew Kiguel stated that this purchase during a market dip boosts their staking strategy, which compounds earnings. Tokens.com also holds Ethereum and Polkadot among others and is a significant player in metaverse real estate.
- Acquisition of 10,000 SOL, 22,500 LUNA, and 3,022,453 ANKR tokens enhances crypto staking inventory.
- Crypto staking process allows for organic growth of token holdings and compounding earnings.
- Tokens.com invests in revenue-generating assets linked to DeFi and NFTs.
- Speculative nature of cryptocurrencies may pose risks to investment returns.
Crypto staking is the environmentally friendly alternative to crypto mining. Both platforms perform the same service and end result, however, staking accomplishes this using
“We purchased additional tokens during this recent dip to build our inventory of tokens used for crypto staking. The staking process rewards us with additional tokens allowing us to organically grow the number of tokens we own by the minute. We immediately restake the tokens we earn to compound our growth,” commented CEO,
In addition to Solana, Terra and Ankr, Tokens.com’s other tokens used for crypto staking include Ethereum, Polkadot,
About Solana
Solana is a decentralized blockchain built on a proof-of-stake operating system that enables scalable, user friendly apps for the world. Like Ethereum, Solana can also run smart contracts used for programing and designing other platforms. Solana is used as the building block for over 400 projects spanning DeFi, NFTs, Web3, and more. Solana’s Native Token is SOL.
About Terra
Terra is a decentralized blockchain built on a proof-of-stake operating system. Terra, in 2019, uses fiat-pegged stablecoins to power stable-price global payments systems.
About ANKR
An Ethereum token that powers Ankr, a Web3 infrastructure and cross-chain staking DeFi platform that aims to make it easy and affordable for anyone to participate in blockchain ecosystems by building dapps, hosting nodes or staking. The ANKR token can be used to pay for services on the Ankr platform, such as node deployment and API services, participate in on-chain governance and also acts as an insurance for network participants.
About
Further information can be found on the Company’s website:
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This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20211130005700/en/
Telephone: +1-647-578-7490
Email: contact@tokens.com
Email: contact@tokens.com
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