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Press Releases

Plus Wallet Users Are Scoring Big! See How $200M in Tokens, & Kraken’s ETH Restaking Are Creating Huge Opportunities!

October 25, 2024 - Around 4 mins mins to read

Kraken Exchange has broadened its array of services by unveiling a new ETH restaking option via Eigenlayer, facilitating an easier pathway for users keen on deepening their engagement with decentralized finance (DeFi).

Concurrently, the release of over $200 million in crypto tokens, with noteworthy contributions from Arbitrum and Axie Infinity, is set to leave a considerable imprint on the market. This substantial token release is steering users towards Plus Wallet for enhanced management and profitability. 

Plus Wallet is redefining the landscape with its Swap to Earn feature, converting everyday transactions into opportunities for financial advancement. Renowned for its ease of use, security features, and rewarding system, Plus Wallet is gaining traction as a top contender for the premier Bitcoin wallet, ensuring users can enhance their finances without sacrificing security.

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Kraken Exchange Rolls Out ETH Restaking Feature 

Kraken Exchange has launched a feature that enables users to restake their previously staked ether (ETH) seamlessly through integration with Eigenlayer. This enhancement is designed to make the restaking process more straightforward, thereby reaching a wider audience, including those with minimal technical skills. 

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This capability allows customers to bolster decentralized applications (DApps) on Ethereum using their ETH, with rewards available in either native tokens or ETH itself. Staked, a Kraken subsidiary, will handle the validation of this service, although it is not available in all regions, including the U.S. This initiative reflects Kraken’s commitment to enlarging the scope of participation in decentralized finance. 

Over $200 Million in Crypto Tokens Set for Release This Week 

This week marks a significant influx of crypto tokens into the market, spearheaded by Arbitrum with the release of 96 million ARB tokens valued at roughly $51 million, accounting for 2.65% of its overall supply. Following closely is Axie Infinity, which is set to unlock 9.25 million AXS tokens, valued at over $43 million, comprising 6.08% of its total inventory. 

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Eigenlayer is also on the brink of a notable token release, introducing over $40 million worth of tokens to the market. These developments are anticipated to affect market liquidity and pricing, with investors keenly observing to gauge the potential impacts as these tokens become accessible.

Plus Wallet: Synthesizing Rewards, Simplicity, & Security 

Plus Wallet presents a distinctive approach for users to accumulate USDT rewards through its Swap to Earn mechanism. Each cryptocurrency exchange within the app not only concludes a transaction but also garners rewards, converting regular trading activities into channels for incremental financial gain.

This feature supports both regular and sporadic traders in expanding their holdings effortlessly, positioning Plus Wallet as a pivotal tool for financial enhancement.

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Beyond its rewarding capability, Plus Wallet is designed for straightforward operation, allowing users to effortlessly manage their crypto assets. Its clean and intuitive interface facilitates easy swaps, balance tracking, and asset management, ensuring a user-friendly environment that accommodates both novices and seasoned users. 

The wallet does not compromise on security in its quest to offer financial rewards and simplicity. It safeguards private keys locally on the user’s device, granting complete control over their assets. 

Employing advanced encryption and biometric authentication, Plus Wallet secures funds while ensuring user-friendliness. This combination of robust security and operational ease enables users to confidently trade and manage their assets. 

Concluding Thoughts 

As Kraken streamlines the DeFi experience with its new ETH restaking capability and significant token releases alter market dynamics, users are looking for platforms that transcend basic trading functionalities. Plus Wallet responds to this need by transforming routine crypto operations into enriching experiences with its Swap to Earn feature. 

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Distinct from many wallets, Plus Wallet integrates user-friendly operations with stringent security measures, rendering it an excellent choice for those prioritizing financial growth alongside asset safety. In a competitive landscape, Plus Wallet distinguishes itself as a comprehensive solution for managing cryptocurrency efficiently and securely.

Plus Wallet:

Website: https://pluswallet.app/

Download: https://onelink.to/pluswalletapp

Twitter: https://x.com/pluswalletapp

Instagram: https://www.instagram.com/pluswallet.app/

Disclaimer: The text above is an advertorial article that is not part of Coincu.com editorial content.