Bondly presented last Tuesday, November 9, through its Twitter account, its new Bondly Partner Staking function, starting with PolkaPets.
“The launch of Bondly’s native engagement platform a week ago exceeded expectations with $40 million BONDLY wagered so far, all with a current APR of over 25%. Today, Bondly announces the addition of Partner Staking Pools to the platform, allowing users to stake their $BONDLY to receive partner tokens, and $PETS from PolkaPets will be the first partner token available!”, he said via an article published on the Medium platform.
According to the company, along with PolkaPet World, $BONDLY holders will have the opportunity to earn $PETS tokens simply by betting their $BONDLY. Like our native $BONDLY betting pool, rewards are distributed per block, minted every 13 seconds on average. $PETS rewards are allocated based on the number of $BONDLY tokens a user has wagered on the pool proportional to the user’s share of the total amount wagered on the pool.
In addition, he indicated that the $PETS token is the utility token that is used to interact with PolkaPet World products and services, in addition to allowing governance rights and access to exclusive sales.
How to participate in Partner Staking
• Just go to our Bondly participation portal: https://staking.bondly.finance/stake_earn/pools
• Click on “Connect your wallet”
• Look for the PolkaPet World $PETS betting pool
• Enter the amount of $BONDLY you would like to bet and click “Bet”
• Approve the contract inside your wallet and then confirm the amount of $BONDLY you will bet. If you are successful, you should receive a “Congratulations” message.
• You are now successfully wagering on our $BONDLY x $PETS pool!
Bondly is at the forefront of bringing authenticated and digital goods to the music, entertainment, games and collectibles market with a suite of products and services designed to support the entire blockchain ecosystem.
About PolkaPet World
This is an NFT project created in partnership with some of the biggest names in the Polkadot ecosystem. Each PolkaPet is incarnated as an artistic creature representing a specific Polkadot project.