Staking has become one of the most accessible ways for crypto holders to generate passive income. With the rise of innovative yield-generating platforms, users no longer need to actively trade to benefit from their digital assets. Bitget, a leading cryptocurrency exchange, has taken this concept further by launching two new mining projects — HODL and DAOT — on its PoolX staking platform. This latest update allows users to stake BTC or ETH and earn hourly rewards in popular tokens, combining flexibility with consistent returns.
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What Is Bitget’s PoolX?
PoolX is Bitget’s dedicated staking and yield-generation platform designed to help users unlock value from idle cryptocurrencies. By participating in PoolX, users can stake selected assets — such as Bitcoin (BTC) and Ethereum (ETH) — and receive rewards in high-demand tokens. Each PoolX campaign features one or more mining pools, where rewards are distributed based on each participant’s share of the total staked amount.
The system operates on an hourly reward distribution model, ensuring frequent and transparent payouts. This real-time approach enhances user trust and provides a steady stream of income without requiring constant market monitoring.
Key Features of PoolX:
- Hourly reward distribution: Unlike traditional staking that pays weekly or monthly, PoolX rewards users every hour.
- Pro-rata allocation: Rewards are distributed proportionally based on individual staking contributions.
- High-liquidity assets supported: Users can stake major cryptocurrencies like BTC and ETH, which retain strong market value and utility.
- Time-limited campaigns: Each PoolX event runs for a fixed duration, creating urgency and encouraging participation.
HODL & DAOT: New Mining Opportunities on PoolX
The recently launched HODL and DAOT mining projects offer unique opportunities for both long-term holders and yield-focused investors.
- HODL: Designed for users who believe in holding core assets like BTC and ETH over time, this project rewards consistent participation. By staking these foundational cryptocurrencies, users not only maintain exposure to price appreciation but also earn additional income.
- DAOT: Focused on decentralized governance and community-driven development, DAOT incentivizes active engagement within emerging blockchain ecosystems. While details about the underlying protocol may vary, participation through PoolX simplifies access without requiring technical know-how.
These dual offerings reflect Bitget’s strategy to support diverse investment styles — from conservative holding to active yield farming.
Campaign Details
- Start Time: May 17, 2024, 16:00 (UTC+8)
- End Time: May 27, 2024, 16:00 (UTC+8)
- Eligible Assets: BTC, ETH
- Reward Frequency: Every hour
- Distribution Method: Proportional to staked amount
This 10-day window offers a limited-time chance to maximize returns, making early participation advantageous.
Why Stake BTC or ETH Instead of Selling?
Many investors face the dilemma: should they sell their BTC or ETH to capture profits, or hold them for future gains? Staking through platforms like PoolX presents a third, powerful alternative — earning yield while retaining ownership.
By staking BTC or ETH:
- You maintain full exposure to potential price increases.
- You earn additional income through hourly rewards.
- You avoid triggering taxable events associated with selling.
- You contribute to network security or ecosystem growth (depending on the underlying mechanism).
This hybrid strategy aligns perfectly with modern portfolio management principles in the digital asset space.
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These terms reflect common user search intents related to earning returns on major cryptocurrencies through trusted platforms.
Frequently Asked Questions (FAQ)
Q: Can I unstake my BTC or ETH during the campaign?
A: No, once you stake your assets in a PoolX campaign, they are locked for the entire duration — from May 17 to May 27, 2024 (UTC+8). Early withdrawal is not supported.
Q: How are hourly rewards calculated?
A: Rewards are distributed based on your proportion of the total staked amount in the pool. For example, if you contribute 1% of the total BTC staked, you’ll receive 1% of the hourly BTC reward allocation.
Q: Are there any fees for participating in PoolX?
A: Bitget does not charge participation fees for PoolX mining. However, standard network or withdrawal fees may apply when claiming or transferring rewards after the campaign ends.
Q: Is my capital at risk when staking on PoolX?
A: While staking itself is secure on Bitget’s platform, the value of your staked assets (BTC/ETH) can fluctuate due to market conditions. Additionally, reward token values may vary. Always conduct your own research before participating.
Q: How do I join the HODL or DAOT mining pool?
A: Log into your Bitget account, navigate to the PoolX section, select either HODL or DAOT, choose BTC or ETH as your staking asset, enter the amount, and confirm your participation.
Q: Will there be future PoolX campaigns after May 27?
A: Yes, Bitget regularly launches new PoolX campaigns featuring different tokens and reward structures. Users are encouraged to monitor the official Bitget announcements for upcoming opportunities.
Maximize Your Crypto Potential
As the crypto ecosystem evolves, so do the tools available to investors. Platforms like PoolX empower users to go beyond simple buying and holding, transforming static portfolios into dynamic income-generating engines.
Whether you're a long-term believer in Bitcoin and Ethereum or someone exploring new ways to monetize digital assets, staking through structured campaigns offers a balanced path forward.
👉 Start earning hourly rewards by staking your crypto on a trusted platform now.
With clear rules, transparent distribution, and support for top-tier cryptocurrencies, Bitget’s PoolX continues to set a benchmark in the staking space. The HODL and DAOT launch is more than just a promotional event — it's a demonstration of how innovation in decentralized finance can deliver tangible benefits to everyday users.
As always, stay informed, manage risks wisely, and make data-driven decisions to thrive in the fast-moving world of cryptocurrency.