Bitgert native token #BRISE holders can now stake their tokens and 100% APY on Gate.io
The staking period is a total of 90 days during which the stakes will be locked.
Bitgert is also planning to develop a P2P crypto exchange platform similar to LocalBitcoins
Bitgert announced today that holders of its native token #BRISE can now stake on Gate.io. This announcement comes in what has been a busy month for the company. According to the Twitter post, users who stake #BRISE can exchange and earn 100% APY on their stakes in 90 days.
Users can stake between a minimum of 19.6 million and a maximum of 1.1 billion brise. The announcement has since caused a stir within the Bitgert community, with some users asking for the maximum limit to be increased.
Earlier in the day, Bitgert announced plans for a P2P crypto exchange platform similar to LocalBitcoins. Additionally, it mentioned that the platform’s development will begin on August 1, 2023.ย
Before it reached this decision, Bitgert asked its users to choose between a freelancer platform and a P2P exchange platform. After a Twitter Poll that garnered over 4,000 votes, 77% of the users voted in support of the P2P Platform.
According to Bitgert, the P2P crypto exchange platform could bring more exposure, opportunities, and users to the company. However, comments on the announcements show users are not pleased with the development.
It is also important to note that Bitgert recently commemorated its 2nd anniversary in grand style. To celebrate its growth over the years, the company announced the listing of #BRISE on ten major cryptocurrency exchange platforms.
The company has also launched a meme character as it seeks to expand interactions with its growing community. The meme character is expected to add more excitement and fun to the Bitgert ecosystem.
At the time of press, #BRISE has seen over 0.80% in the past 24 hours and over 30% increase in the last seven days. Currently, the token has a market capitalization of $103 million, data from CoinMarketCap reveals.
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