{"id":176274,"date":"2020-11-20T07:00:53","date_gmt":"2020-11-20T07:00:53","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=176274"},"modified":"2022-07-24T23:47:55","modified_gmt":"2022-07-24T22:47:55","slug":"crypto-com-unveils-5-rewards-on-uniswap-and-polkadot-staking","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/crypto-com-unveils-5-rewards-on-uniswap-and-polkadot-staking\/","title":{"rendered":"Crypto.com unveils 5% rewards on Uniswap and Polkadot staking"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Hong Kong-based <\/span><a href=\"https:\/\/cryptoslate.com\/companies\/crypto-com\/\"><span style=\"font-weight: 400;\"><strong>Crypto.com<\/strong><\/span><\/a><span style=\"font-weight: 400;\"> unveiled its rewards program for Uniswap and Polkadot, two premier DeFi projects, in an announcement earlier this week.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Staking and passive earning are the currently-leading narratives of the burgeoning crypto space, opening up new usecases for the industry and newer tools for users.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">CeFi products like Crypto.com are not holding back from capitalizing on that boom. While the crypto exchange has historically provided staking and passive earning products on various assets, such as its own CRO token, the new launch allows users to stake and earn <\/span><strong><a href=\"https:\/\/cryptoslate.com\/coins\/uniswap\/\">Uniswap (UNI)<\/a><\/strong><span style=\"font-weight: 400;\"> and <\/span><strong><a href=\"https:\/\/cryptoslate.com\/coins\/polkadot\/\">Polkadot (DOT)<\/a><\/strong><span style=\"font-weight: 400;\"> rewards.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Calling all Uniswap <a href=\"https:\/\/twitter.com\/search?q=%24UNI&src=ctag&ref_src=twsrc%5Etfw\">$UNI<\/a> and Polkadot <a href=\"https:\/\/twitter.com\/search?q=%24DOT&src=ctag&ref_src=twsrc%5Etfw\">$DOT<\/a> HODLers &#8211; Earn up to 5% p.a. on your UNI and DOT, with interest paid in UNI and DOT ?<\/p>\n<p>Details here: <a href=\"https:\/\/t.co\/1auOWptA1O\">https:\/\/t.co\/1auOWptA1O<\/a><a href=\"https:\/\/twitter.com\/UniswapProtocol?ref_src=twsrc%5Etfw\">@UniswapProtocol<\/a> <a href=\"https:\/\/twitter.com\/Polkadot?ref_src=twsrc%5Etfw\">@Polkadot<\/a> <a href=\"https:\/\/t.co\/1iLd0liePK\">pic.twitter.com\/1iLd0liePK<\/a><\/p>\n<p>&mdash; Crypto.com (@cryptocom) <a href=\"https:\/\/twitter.com\/cryptocom\/status\/1328620722961354752?ref_src=twsrc%5Etfw\">November 17, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">Crypto.com\u2019s \u2018Prime\u2019 users can earn 5% on their staked funds, while others receive 3%. The former is Crypto.com\u2019s debit card product, which offers users attractive cashback and rewards points on third-party services like travel and shopping.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The rollout is part of the firm\u2019s \u2018<\/span><strong><a href=\"https:\/\/crypto.com\/en\/earn.html\">Crypto Earn!<\/a><\/strong><span style=\"font-weight: 400;\">\u2019 offering, which doles out 6% returns to users for altcoins and up to 12% on stablecoins. Over 36 altcoins are now available for users, as part of Earn!.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For the uninitiated, UNI is the governance token for Uniswap, a protocol for exchanging <\/span><strong><a href=\"https:\/\/cryptoslate.com\/glossary\/erc20\/\">ERC-20 tokens<\/a><\/strong><span style=\"font-weight: 400;\"> in an automated liquidity provision manner on Ethereum. It eliminates trusted intermediaries and unnecessary forms of rent extraction, allowing for fast, efficient trading.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the other hand, Polkadot is a decentralized web protocol that aims to connect private and consortium chains, public and permissionless networks, oracles, and future technologies.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The two have grown in the past few months to one of the biggest DeFi cryptocurrencies. As per CryptoSlate\u2019s <a href=\"http:\/\/cryptoslate.com\/cryptos\/defi\">DeFi data page<\/a>, UNI commands a market cap of $800 million while <\/span><strong><a href=\"https:\/\/cryptoslate.com\/coins\/polkadot\/\">DOT<\/a><\/strong><span style=\"font-weight: 400;\"> is worth over $4 billion.<\/span><\/p>\n<p><em><strong>Disclaimer<\/strong>: Crypto.com is an advertising partner for CryptoSlate.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hong Kong-based Crypto.com unveiled its rewards program for Uniswap and Polkadot, two premier DeFi projects, in an announcement earlier this week. Staking and passive earning are the currently-leading narratives of the burgeoning crypto space, opening up new usecases for the industry and newer tools for users. CeFi products like Crypto.com are not holding back from [&hellip;]<\/p>\n","protected":false},"author":65,"featured_media":176289,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,46940,77923],"tags":[67749,68479],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Crypto.com unveils 5% rewards on Uniswap and Polkadot staking<\/title>\n<meta name=\"description\" content=\"Hong Kong-based Crypto.com unveiled its rewards program for Uniswap and Polkadot, two premier DeFi projects.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/crypto-com-unveils-5-rewards-on-uniswap-and-polkadot-staking\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto.com unveils 5% rewards on Uniswap and Polkadot staking\" \/>\n<meta property=\"og:description\" content=\"Hong Kong-based Crypto.com unveiled its rewards program for Uniswap and Polkadot, two premier DeFi projects.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/crypto-com-unveils-5-rewards-on-uniswap-and-polkadot-staking\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-20T07:00:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-24T22:47:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2020\/11\/crypto-com-reward.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Shaurya Malwa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shaurya Malwa\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/crypto-com-unveils-5-rewards-on-uniswap-and-polkadot-staking\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/crypto-com-unveils-5-rewards-on-uniswap-and-polkadot-staking\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/shaurya-malwa\/#person\",\"name\":\"Shaurya Malwa\",\"url\":\"https:\/\/cryptoslate.com\/author\/shaurya-malwa\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/shaurya-malwa\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/shaurya-malwa\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/07\/author-shaurya-malwa.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/07\/author-shaurya-malwa.jpg\",\"caption\":\"Shaurya Malwa\"},\"jobTitle\":\"Analyst\",\"description\":\"Post-mining his first bitcoin in 2012, there was no looking back for Shaurya Malwa. 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An economics graduate from the University of Wolverhampton, he breathes financial markets and decentralized ideologies. When not writing, Shaurya works on his culinary skills, trades the big three cryptocurrencies, and surfs airplane blogs.","url":"https:\/\/cryptoslate.com\/author\/shaurya-malwa\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/176274"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/65"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=176274"}],"version-history":[{"count":5,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/176274\/revisions"}],"predecessor-version":[{"id":176293,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/176274\/revisions\/176293"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/176289"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=176274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=176274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=176274"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=176274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}