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    Home Bitcoin Rewards Extended to Polygon β€” Now at 198% APY! | by Bitcoin.com | Nov, 2024
    Bitcoin

    Bitcoin Rewards Extended to Polygon β€” Now at 198% APY! | by Bitcoin.com | Nov, 2024

    Emily DavisBy Emily DavisDecember 14, 2024No Comments2 Mins Read
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    Bitcoin.com

    Bitcoin.com

    Last week we brought you Bitcoin Rewards for VERSE stakers on Ethereum. Now we’re extending rewards to VERSE stakers on Polygon. That means you can start earning Bitcoin Rewards on Polygon, in the form of tBTC, now at 198% APY!

    πŸ‘‰ Earn Bitcoin on Polygon Now πŸ‘ˆ

    • To starting earning Bitcoin, you will need Bitcoin.com’s VERSE token (on either Ethereum or Polygon). You can get VERSE for free in the Rewards Center by completing simple quests. You can also purchase VERSE here.
    • You will also need some ETH or POL/MATIC in your wallet to cover the transaction fees. You will need ETH if you are staking VERSE on Ethereum and POL/MATIC if you are staking VERSE on Polygon.

    One Easy Step

    Simply deposit your VERSE on Polygon in the staking pool on Bitcoin.com’s decentralized exchange Verse DEX here.

    And that’s it!

    Once your VERSE is deposited in the staking contract, you’ll automatically be earning Bitcoin in the form of tBTC on Polygon, now at 198% APY!

    πŸ” Get step-by-step instructions here πŸ”

    1. Earn

    Check out the Rewards Center, where you can start earning Bitcoin.com’s VERSE token (on Polygon) for doing things you already do in the app, like by and swap Bitcoin and crypto.

    Button: Earn VERSE Now

    2. Swap or buy

    You can swap into or buy VERSE in a few taps in the Wallet App.

    Button: Get VERSE Now

    VERSE is Bitcoin.com’s rewards and utility token, backed by one of the most trusted names in Bitcoin and crypto. With a bright future ahead, VERSE is set to deliver even more utility, further enhancing its role in the ecosystem.

    Learn more about VERSE here.

    tBTC, or Threshold Bitcoin, is a system that allows users to create a tokenized version of Bitcoin on the Ethereum and other blockchains. This token, called tBTC, is backed 1:1 to Bitcoin. For every 1 tBTC in existence, there is 1 BTC locked in a multisig Bitcoin wallet controlled by a randomly selected group of signers from the Threshold Network. tBTC is a decentralized and secure way to bring Bitcoin to smart-contract enabled blockchains like Ethereum and Polygon. This empowers Bitcoin holders to access the vast world of DeFi applications and services. Learn more about tBTC in our Learning Center.



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    Emily Davis

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