SFT Protocol Launches Minting Rate Subsidy Campaign: Delivering Higher ROI On Staked Tokens
SFT Protocol is excited to introduce our latest initiative — the Minting Rate Subsidy Campaign. Through this campaign, SFT Protocol aims to help stakers improve their returns while providing liquidity options for staked tokens.
What is the Minting Rate Subsidy Campaign?
Through the campaign, stakers who pledge 100 FIL will receive an instant 100 SFT and a full refund of the gas consumption used in packaging and casting. But that’s not all — early pledgers also get extra rewards! The earlier you pledge, the more SPD airdrop rewards you will receive. The campaign will run until August 30th.
This event involves two major upgrades to the SFT Protocol:
1. Rapid casting: In the past, it took over 24 hours to mint SFT tokens because FIL nodes needed to be encapsulated. After optimizing the business process, users can now immediately receive SFT tokens after completing on-chain FIL staking without waiting for a long time.
2. Subsidy Upgrade: Despite the increase in the minting fee rate to 6%, SFT Protocol focuses on user experience and benefits by launching a full subsidy event.
Coin-based Annualized Return of approximately 30%: Users can earn a coin-based annualized return of approximately 30% on Farm by using SFT derivatives through liquidity staking.
What is a coin-based return? As shown in the figure below, assuming you staked 100 FIL, you will receive around 130 FIL upon redemption after the staking period on the Farm page.
SFT Protocol: Advancing Web3 Infrastructure For Artificial Intelligence
As a web3 infrastructure company, SFT Protocol is committed to accelerating artificial intelligence (AI) development through privacy computing, AI data storage, optimization algorithms, and LSD. Our protocol is decentralized, safe, and secure — providing advanced distributed storage capabilities complemented with privacy computing. It delivers complete privacy for all users, ensuring the safety and security of the network.
The Minting Rate Subsidy Campaign is now open, take advantage of this unique opportunity to become part of something special — start minting today with SFT Protocol’s Minting Rate Subsidy Campaign!
