The blockchain payment platform UPCX has announced the commencement of a staking event, offering eligible participants a chance to share a prize pool valued at $20,000, equivalent to approximately 7,500 UPC. This initiative is exclusively available for UPCX stakers and is scheduled to take place from March 12, 2025, to April 12, 2025.
Attractive Rewards and Staking Options
The staking event presents lucrative incentives beyond the standard Annual Percentage Yield (APY) provided by the UPCX platform. Depending on the staking period, participants receive an APY of 20% for a 30-day lock-in, 50% for 90 days, and 100% for 180 days. Additionally, an extra bonus of up to 30% is available, increasing the overall earnings potential for users.
Participants can select from multiple staking durations—30 days, 90 days, or 180 days—allowing them to share in different prize pools based on the amount staked and the selected duration. The distribution of the prize pool follows a tiered system:
- Users staking over 10 UPC qualify for a share of a 1,000 UPC prize pool.
- Those staking over 500 UPC gain access to a 2,500 UPC prize pool.
- Stakers committing over 1,000 UPC can participate in a 3,000 UPC prize pool.
Additional long-term rewards are available for those staking 25 UPC for 90 days, granting access to a 300 UPC prize pool, while those staking the same amount for 180 days can share a 600 UPC prize pool.
Participation Process and Platform Accessibility
To take part in the event, users must stake any amount of UPC through the official UPCX Staking Platform. After staking, they need to complete the designated event form to claim rewards, which will be distributed in proportion to the staked amount.
UPCX has highlighted that the initiative is designed to encourage wider adoption of blockchain-based financial solutions by offering participants a secure, transparent, and efficient staking experience. The event aligns with the platform’s objective of democratizing blockchain finance, enabling users globally to benefit from decentralized financial services.
Commitment to Compliance and Market Expansion
The UPCX platform continues to expand its global reach while ensuring strict adherence to legal and regulatory standards in various regions. To enhance accessibility for users worldwide, the native token, UPC, is currently listed on several major cryptocurrency exchanges, including MEXC, Bitget, Gate.io, WEEX, and Websea. These listings provide traders with convenient access to the token, supporting seamless transactions across multiple platforms.
By introducing this staking event, UPCX reinforces its commitment to fostering financial inclusivity while providing rewarding opportunities for participants in the blockchain ecosystem.