NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

HOPR Is Bringing Staking and NFTs To Token Holders

NewsBTC
NewsBTC
4 years ago
2 mins read
hopr

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The HOPR protocol has already made a splash with its unique gamified and incentivized testnets, but now they’re taking it to the next level. A recent announcement from the team at HOPR reveals that HOPR token holders will be able to start staking in a unique gamified incentive scheme as early as next month. In addition to standard yield, participants can earn NFTs through engagement with the protocol that will boost their yield rates.

The scheme is all part of the HOPR token’s three-pronged approach: the ability to pay for sending data through the HOPR network, staking to earn more HOPR tokens while securing the network, and giving holders a vote in the future HOPR DAO.

Staking With HOPR

HOPR holders will be allowed to farm tokens and earn a base APY up to 18.25% should they lock up their tokens for a full 175-day period. Staking through HOPR is anticipated to be available around July 27th.

HOPR token holders will have access to a six-month smart contract that locks their tokens to receive rewards. Users can compound rewards over the lock-up period or withdraw them as they are paid out. The base staking yield for users who participate in the full period lock-up is 18.25% APY. Excitingly, users will also have the ability to boost that APY, with no limit, using HOPR NFTs.

While NFTs are often brought to market with limited value-add, HOPR is taking a unique approach, leveraging NFTs to incentivize HOPR users to stake their tokens.

NFTs & User Engagement

The team at HOPR will begin offering a variety of NFTs linked to different HOPR events. Collected NFTs will boost staking APYs and can be stacked as well. The main way for users to earn NFTs will be through HOPR testing, such as through monthly testing events throughout the six-month lock-up. Running and testing HOPR technology will inherently incentivize community-based testing, but NFTs will also be earned through games, competitions, and HOPR’s upcoming presence at the EthCC conference in Paris, where HOPR team members are presenting their latest research into privacy protocols and DAOs.

The six-month staking period will allow HOPR to hone in on completing the development of their unique cover traffic mechanism, and in turn, help secure and scale the network. Cover traffic will go live after the six-month period, allowing the network to appear to have a constant flow of data even during slow periods, and thus adding better security to the protocol.

Investing In the Protection Of Metadata

HOPR’s first version is available now for all to use, and is undergoing continual improvement. HOPR offers a unique advantage in that it is the first incentivized mixnet – offering a proof-of-relay mechanism that addresses privacy preservation while incentivizing a mixnet. This allows HOPR to scale at a rate that competitors can’t.

The HOPR team’s announcement of staking and incentivized NFTs will work to continue to build engagement and accessibility throughout the community just a few short months after the HOPR token’s fair launch via community DAO vote.

The protocol’s continued emphasis on metadata privacy for individuals, companies, and institutions remains at the forefront – now with even more user-friendly features.

Tweet123Share196ShareSend
NewsBTC
NewsBTC

NewsBTC

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

25 Million Funtokens Burned! – How Does The Community React?

In a decisive move that underscores its commitment to long-term deflationary economics, the FUNToken team announced the burn of 25...

NewsBTC 4 days ago

Crypto Wealth Platform Nexo Breaks Ground with DP World Tour Golf Sponsorship

Nexo announces strategic partnership with major professional golf tournament, DP World Tour.  The partnership marks the first time a digital...

News BTC 5 days ago

STurning the Tide: How APT Miners Provide XRP and DOGE Investors with Continuous Tokens

After enduring the wild ups and downs of XRP and DOGE, many crypto investors are done with the stress of...

News BTC 5 days ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

What FunToken movement towards a 500% spike says about the scarcity market psychology

News BTC 2 days ago

With no more minting, $FUN can skyrocket 500% on fixed supply announcement

News BTC 2 days ago

Smart Contract Lock and CertiK Audit: The Driving Factors Behind $FUN’s Breakout

News BTC 4 days ago

Premium Sponsors

Press Releases

  • 新しい仮想通貨|今買うべき注目の3つの新プロジェクトと高い成長可能性

    ...

    1 hour ago
  • 本日の暗号資産市場が上昇中、その背景とは?次のラリーに備える仮想通貨おすすめ3選

    ...

    1 hour ago
  • 2025年にCardano、XRP、Pepeが急騰か?注目の仮想通貨プレセールと次なるミームコインの動向

    ...

    2 hours ago
  • アルトコイン注目銘柄:2025年7月第1週にチェックすべき4銘柄

    ...

    2 hours ago
  • 仮想通貨おすすめ|億万長者を生む可能性が高いのはどちらか?XRP対シバイヌ比較

    ...

    3 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.