retouch The Crypto.com exchange is making many changes to Crypto Earn, removing Some cryptocurrenciesOr welcome others or review the interest rates of some.
The sweep will not wait for the good weather to return. according to communication From June 27, Crypto.com has Fifteen icons have been removed which some might call it sheetcoins From the Crypto Earn rewards program. This withdrawal affects well-known cryptocurrencies such as Dogecoin (DOGE), Shiba Inu (sheep)Tezos (XTZ) and FLOW.
Maker (MKR), EOS, Omisego (OMG), Kyber Network (KNC), Icon (ICX), Compound (COMP), Beefy.Finance (BIFI), Ontology Gas (ONG), Stratis (STRAX), Bancor Network Token ( BNT), complete the list.
Crypto.com has not provided any official explanation as to why the company made this decision. The move sparked mixed reactions on social media.
Some Twitter users regret removing Shiba Inu and Dogecoin from Crypto Earn. Others do not share this sentiment, believing that the interest rates offered by the platform were, in any case, relatively lowsuch as those offered by conventional banks.
However, some interpreted this cleaning positively. It will be evidence that Crypto.com is making progress towards Long-term sustainability.
The crypto platform is reviewing its bonus rates
The exit of some leaves empty spaces for others to fill. Crypto.com opens the doors to Crypto Earn to Fantom (FTM), Zilliqa (ZIL) and NEAR. Investments in these cryptocurrencies generate gains ranging from up to 5% annually for FTM, compared to 6% a year for ZIL and NEAR.
Between these removals and additions, the platform has made changes to the reward rates of four stablecoins: TrueGBP (TGBP), TrueAUD (TAUD), TrueCAD (TCAD), TrueUSD (TUSD), and USDP.
However, these updates have made a large number of tokens available such as CRO, Bitcoin (BTC) and Ether (ETH). These cryptocurrencies still allow their investors to earn up to 14.5% rewards.
How can observers explain the fate of Dogecoin, Shiba Inu, and other cryptocurrencies removed from Crypto Earn? Were these tokens insignificant or unprofitable for the company? These changes come just two weeks after the Crypto.com announcement Reducing the workforce by 5%.
We must save the furniture! The bear market has a hard time testing all the players in the ecosystem. Some exchanges seem to work better. Sign up now at Crypto.com To enjoy the proceeds of Crypto Earn (affiliate link).