Dear PointPay Family,
Another week has passed, and it's time to look back and sum up the results. We’ve gathered all the latest news and events at PointPay from the past seven days for you.
PointPay News
Let’s start with the exciting addition of seven new staking options on our platform! This new wave of staking is designed to diversify our offerings and significantly increase the benefits of holding a wide range of assets for you.
The new staking options are available for seven tokens: NOT, OM, AXS, ALT, ATOM, LISTA, and INJ! Each of them can be staked for either 30 or 90 days. The final APY percentage will depend on the staking duration — the longer the staking period, the higher the reward.
For example, staking NOT for 90 days can earn you up to 28% APY! You can check out the detailed terms and APY rates for the new staking options on the staking screen.
In addition to staking, we’ve expanded our token offerings on the exchange. The new addition this week is the Catizen (CATI) token! It’s now available for trading on our exchange, so you can try it out and add it to your portfolio.
On Thursday, PointPay launched its Halloween-themed activities! From October 17 to November 1, you can participate in a special Trading Competition and a Meme Contest!
The Trading Competition will follow the usual format: participants will trade USDT pairs on the PointPay exchange. The top 5 traders with the highest trading volumes by November 1 will share a $100,000 prize pool!
The Meme Contest will have a unique twist this time. We’re only accepting memes in video format, posted on social media with the hashtag #PointPayHalloween2024. To win part of the $500 prize pool, create a meme about Halloween, PointPay, and cryptocurrency all together! This time, image memes won’t be enough!
For more details on both activities, check out our special blog post where we’ve outlined all the rules, features, rewards, and more!
Cryptosphere News
In the crypto world, Bitcoin surged by more than 10% this week! Many other cryptocurrencies followed its lead, pushing the "Fear & Greed Index" into the "Greed" territory!
Despite a rocky start, "Uptober" is proving its strength, driving Bitcoin towards near-record levels. It’s becoming clear that this month might be monumental, and we could witness new all-time highs!
Thanks again for taking the time to read this update. We look forward to seeing you next week!
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