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Cryptocurrency News Articles

Pacmoon Partners with BlasterSwap for Token Staking on July 18, 2024

Jul 19, 2024 at 06:03 pm

On July 18, 2024, Pacmoon announced a new partnership with BlasterSwap, allowing users to stake their PAC tokens to earn PAC yield, Blaster pre-tokens

Pacmoon Partners with BlasterSwap for Token Staking on July 18, 2024

Pacmoon, a decentralized exchange (DEX) on the Moonbeam network, has partnered with BlasterSwap to offer token staking on July 18, 2024.

According to the announcement, users will be able to stake their PAC tokens to earn PAC yield, Blaster pre-tokens, and Blast Gold. The staking feature will be available on both desktop and mobile platforms.

As an added incentive, users who stake a minimum of 2500 PAC within the first seven days will receive an instant bonus of 500 Blaster pre-tokens.

The Blast Gold earned through staking can be used to purchase NFTs on the Blaster Bazaar marketplace or to participate in Blast Gold auctions.

This integration marks the first time that BlasterSwap's pre-tokens and Blast Gold will be offered as staking rewards on another DEX. The partnership aims to provide users with more earning opportunities and to increase awareness of BlasterSwap's upcoming DEX launch.

This is a developing story and will be updated as more information becomes available.

The Defiant is a daily newsletter covering the decentralized finance, or DeFi, space. It covers news, analysis, and commentary on the latest and most impactful DeFi trends.

The newsletter also features an aggregation of the top DeFi stories from around the web, curated by DeepNewz.

This article is powered by DeepNewz.

Original source:thedefiant

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