NerveNetwork NOW Supports Huobi Token (HT) Cross-Chain Staking
We would like to officially announce today the support of Huobi Token (HT) assets to participate in cross-chain staking with a current annualized rate of 10.53% return.
NULS heterogeneous project NerveNetwork currently supports cross-chain interoperability between multiple public chains such as ETH, Binance Smart Chain, OKExchain, NULS and NULS parachain.
Staking Instructions
Log in or set up a new Nerve Wallet at https://wallet.nerve.network/
Add the HT asset to your asset list by clicking the plus icon and search for HT.
Now that we have the HT asset added, we can add tokens to our account by selecting Cross Into.
We recommend using MetaMask for the next step — alternatively you can also manually transfer or directly import the private key in the wallet to transfer it across the chain.
Once you have followed the on screen instructions to connect MetaMask, you will see that we are connected to the Ethereum Network. Select the amount of HT you wish to transfer and confirm the cross-chain transaction. (there is a minimum amount of HT required to stake, check the calculator to see what you need)
Participate in Staking
Click on the Stake tab at the top.
On the next screen select Stake for Reward.
Select the HT asset from the dropdown, followed by the duration of time you would like to stake and finally the amount.
Once your information is in you will see the staking reward calculation and minimum amount required. When finished click Confirm.
Staking reward calculation and distribution:
- Staking rewards are calculated on the entire network based on the NerveNetwork’s consensus mechanism rewards. You can check the current rate of return (currently about 10.53%) on the browser (https://scan.nerve.network/) .
- Staking rewards start at UTC 0:00（UTC+8 8:00) to calculate the rewards of the first day, and the income will be automatically distributed on the chain the next day (the day income is not calculated if the pledge is less than 24 hours).
NerveNetwork Community
- Weibo: https://weibo.com/u/7385139407
- Twitter: https://twitter.com/nerve_network
- GitHub: https://github.com/NerveNetwork
- Reddit: https://www.reddit.com/user/NerveNetwork
- Telegram: https://t.me/NerveNetwork
- Facebook: https://www.facebook.com/groups/NerveNetwork
Resource list
- Website: https://nerve.network/
- Document: http://docs.nerve.network/
- Github: https://github.com/NerveNetwork/nerve
- Wallet: https://wallet.nerve.network/
- Explorer: https://scan.nerve.network/
- Data Service: http://public.nerve.network/
- NULS Light Wallet: https://wallet.nuls.io/
- NULS Explorer: https://nulscan.io/
