Power of Staking Rewards
In the ever-evolving blockchain space, staking reward distribution is a game-changer for those looking to earn passive income while supporting network stability. In proof-of-stake (PoS) systems, participants lock up their cryptocurrency as collateral, which helps secure and maintain the network. In return, they are rewarded with additional tokensâa process that not only incentivizes participation but also fuels the network's growth.
The distribution of staking rewards is essential for keeping validators engaged and committed. For instance, on the Ethereum network, validators can earn up to 5% annual interest on their staked Ether. This reward structure motivates participants to stay involved, ensuring the network remains robust and secure.
Understanding how staking rewards are distributed is key to optimizing your earnings. By participating in a PoS network, you contribute to its security and, in turn, receive a share of the rewards. This creates a cycle of engagement and growth, fostering a healthy and prosperous ecosystem for all involved.
[VISIT MY PROFILE AND VOTE](https://app.binance.com/uni-qr/cpro/CryptoASHLEY81?l=en&r=126368200&uc=app_square_share_link&us=copylink)
Will BTC dump again in September?
Since 2013, September has been the worst performing month for $BTC with -4.78% average returns.
[Please Click Here to Vote me](https://app.binance.com/uni-qr/cpro/Crypto_Eagles?l=en&r=49665798&uc=app_square_share_link&us=copylink)
This means that #BTC could remain choppy in September.
But you don't need to worry.
After September, the next 2 months are BTC's best performing months, with 23% and 47% average returns.
So, if there's any dip in September, it'll probably be a golden opportunity to accumulate before the big bull run đ
#CryptoMarketMoves #BNBChainMemecoins
**TONâs Flagship DEXs Extend TVL Decline Following Durovâs Arrest**
The two largest decentralized exchanges (DEXs) on the TON chain, STON.fi and DeDust, have experienced a significant decline in their total value locked (TVL) by over 60% since the end of July. DeDust's TVL, which nearly reached $400 million on July 21, has plummeted to $111 million, marking a 68% drop. Similarly, STON.fi's TVL has decreased from its peak of $373 million on July 31 to $139 million.
This decline is part of a broader bearish trend in the crypto market, with the aggregate TVL of all DeFi projects falling from over $100 billion in mid-July to less than $78 billion by early August. However, the situation for DeDust and STON.fi worsened following the arrest of Pavel Durov, the co-founder and CEO of Telegram, on August 24. Durov's arrest led to a 20% drop in the price of Toncoin, the most deposited crypto asset in both DEXs.
As a result, TON's entire DeFi ecosystem has lost over 40% this week, making it the worst performer among the top 100 blockchains in DeFi. The network's TVL now stands at $307 million, down from $508 million on Saturday.