Empowering Investors: BNRY Token Redefines Crypto Engagement with an Innovative Staking Solution
May 16 2024 - 6:47AM
The Binary Holdings’, $BNRY Token, a leading name in the digital
asset market, has unveiled its revolutionary staking program,
offering users unprecedented opportunities to maximise returns
while contributing to network security and efficiency. Staking
cryptocurrencies can be a smart way to earn passive income by
holding onto digital assets, and one such opportunity is with $BNRY
tokens.
Positioned at the forefront of the web3 and telecom sectors, The
Binary Holdings is uniquely positioned to address challenges in
user activation, engagement, retention, and revenue growth for its
partners. As the company expands its footprint across Southeast
Asia, it anticipates reaching over 200 million users in the next 12
months through strategic partnerships with leading telecom
operators. At the heart of The Binary Holdings' ecosystem lies the
Binary Token ($BNRY), facilitating seamless transactions for its 40
million users. Combined with TBH's L2 Rollup solution on the
Optimism Chain, the $BNRY token fuels the company's vision to
onboard the next 1 billion users into the web3 space, enabling true
democratisation of decentralised possibilities for all the users
across the markets they serve.
Staking $BNRY tokens is a simple process that can yield
significant rewards such as regular retroactive
airdrops, reduced network fees, and more. Additionally, the top
1000 stakers receive a bonus points boost resulting in even larger
returns and rewards in the future.
To begin, users need a compatible wallet that supports the
Optimism network, as $BNRY operates on this chain. Users can
connect their existing wallet or create a new one to get started.
For example, with popular wallets like Metamask, users can add the
Optimism Mainnet, import $BNRY tokens with the specific token
address, and then make the tokens available for staking.
Navigating to the $BNRY staking page, users can connect their
wallet, select the desired amount of $BNRY to stake, and click the
“Stake Now” button to approve the transaction. It's important to
note that transaction fees (gas fees) will apply. Staking $BNRY
tokens not only helps secure the network but also earns
participants staking rewards based on the amount and duration of
the stake. It is a great way to accumulate more $BNRY while
contributing to the network’s robustness. The process is
straightforward if the steps above are followed, opening up new
avenues for gaining additional $BNRY tokens passively.
Building on this momentum, the $BNRY token continues to soar
following its highly successful token launch on April 30, 2024. The
Binary Holdings achieved an extraordinary feat with a
lightning-fast and highly oversubscribed public presale of its
$BNRY tokens, further solidifying its position as a trailblazer in
the digital asset space.
As the cryptocurrency landscape continues to evolve, The Binary
Holdings remains committed to delivering innovative solutions that
empower its community and drive sustainable growth.
About The Binary Holdings: The Binary Holdings
provides Web3 infrastructure solutions for telecommunication
companies in emerging economies, with a vision to onboard the next
1 billion users to Web3. With over 40 million current users, TBH
offers indispensable scalable, cost-effective, and efficient
infrastructure services crucial for driving adoption of tokenized
and Web3 solutions, facilitated by its native utility token, $BNRY,
which powers all transactions and interactions within The Binary
Holdings Ecosystem.
Contact Details:
Nisheta Sachdev
nish@lunapr.io