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Announcements > Activities > Unlock the Potential of Your Assets with Phemex PT Staking: A New Era of Earnings! >

Unlock the Potential of Your Assets with Phemex PT Staking: A New Era of Earnings!

Author: Silvia Date: 2023-11-27 06:25:01

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Dear traders,

We are thrilled to announce the upcoming launch of our brand-new PT Staking event. Seize the opportunity to generate extra returns through PT staking!

Staking begins: 14:00 UTC on Nov. 30.

How to participate:

  1. Log in to your Phemex account.
  2. Select the amount of PT you wish to stake.
  3. Confirm your staking, and then watch as your APR grows!

Staking Calculation Formula:

Phemex promises to use 0.01% of the daily USDT contract trading revenue to repurchase PT and distribute it as staking rewards to all vePT holders. Users can check the daily repurchase status on the repurchase page. The APR is calculated as yesterday's repurchased PT * 365 / total vePT. You can find more information in the User Guide: What is staking? How to stake Phemex Token (PT)?

*Anticipated Annual Percentage Rate (APR):

We offer a competitive APR to our participants, ensuring that your assets have the maximum potential for appreciation. (Specific APR values to be supplemented)

Why Choose PT Staking?

  • Stable Earnings: By staking PT, you will receive a steady APR, enhancing the value of your assets.
  • Flexibility: We provide various staking term options to meet the needs of different users.
  • Security and Trust: Phemex has always been committed to providing a secure and reliable trading environment; rest assured that your staked assets will be well-protected.



Get ready to stake and embark on a profitable journey to increase your earnings! Thank you for supporting Phemex.

*Please note that PT Staking event is currently not available to users accessing Phemex from U.S. IP addresses.

The Phemex Team

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