OnStaking, the next-generation Web3 staking infrastructure platform, has announced the launch of a limited-time high-yield staking pool featuring BTC staking with double APY rewards, now offering up to 8% APY for eligible users. This exclusive promotion runs from October 31 to November 15, 2024, and is available to both existing and new users who stake their Bitcoin through OnStaking's non-custodial smart contract infrastructure.

This initiative marks a major milestone in bringing Bitcoin into the realm of decentralized finance (DeFi) by merging traditional crypto security with optimized DeFi yield mechanics.

Doubling BTC Staking Rewards: A Strategic Incentive

In a bold move to incentivize Bitcoin holders and showcase its flexible staking architecture, OnStaking is temporarily increasing its BTC staking APY from 4% to 8% for a two-week window. This is made possible through reward optimization algorithms, validator partnerships, and liquidity boost mechanisms within the OnStaking protocol.

Campaign Highlights and User Incentives

• 8% APY for BTC Staking: Available from Oct 31 to Nov 15 for users staking wrapped BTC through OnStaking.

• Auto-Compounding: Reinvest rewards automatically for exponential growth without manual intervention.

• No Lock-Up Requirement: Users retain full flexibility to unstake anytime with minimal penalty.

• Referral Bonus: Invite friends and earn 0.5% APY boosts per eligible referral, capped at 3 referrals per user.

• NFT Rewards: Early participants receive exclusive "BTC Staker" NFTs with future platform utility and governance influence.

How It Works

OnStaking facilitates BTC staking via wrapped Bitcoin (WBTC) or BTCB tokens, depending on the chain used (Ethereum or BNB Chain). Once users connect their wallets and deposit BTC equivalents, funds are routed through secure smart contracts into BTC-optimized validator and yield pools.

To enhance security, OnStaking utilizes multi-layer audits, insurance reserves, and non-custodial protocols, meaning users retain ownership of their assets even while earning yield.

Driving Bitcoin Utility Beyond HODLing

Bitcoin, despite being the world’s most valuable cryptocurrency, has largely remained outside the DeFi ecosystem. Through this high-APY campaign, OnStaking aims to empower BTC holders to generate passive income without compromising security or decentralization.

This move also helps bridge the gap between Bitcoin maximalists and DeFi-native users, creating a common ground for yield generation and long-term asset growth.

"We’re not asking users to sell their BTC or convert it into altcoins," noted Lisa Tan. "We’re enabling Bitcoin to work smarter by earning yield while staying true to its original value proposition."

Security and Risk Mitigation Measures

The BTC staking pool is protected by a series of rigorous security protocols:

• Code Audits: Smart contracts independently audited by industry leaders.

• Slashing Insurance: OnStaking provides slashing coverage to minimize loss during network performance failures.

• Non-Custodial Infrastructure: Users maintain control over private keys at all times.

• Real-Time Monitoring: Users can monitor validator performance and APY fluctuations directly through the dashboard.

What Sets OnStaking Apart

Unlike centralized platforms or custodial staking options, OnStaking provides:

• Non-custodial smart contract staking

• Multi-chain support (Ethereum, BNB Chain, Avalanche, and more)

• ESG-aligned validator nodes

• Governance participation tools

• DeFi-native integration with liquidity providers

These features position OnStaking as one of the most robust and transparent platforms for long-term digital asset growth.

User Testimonials and Community Buzz

Since the campaign’s soft launch announcement last week, OnStaking has seen a 42% increase in BTC staking volume. Early users have praised the platform’s ease of use and performance tracking.

"This is the first time I feel comfortable staking Bitcoin in DeFi," said long-time BTC holder Jeremy H. "The interface is clean, the yields are real, and the security features are reassuring."

On social platforms, hashtags like #BTCStaking and #OnStakingYieldBoost have begun trending within crypto communities, signaling rising awareness and adoption.

What’s Next for BTC on OnStaking?

Beyond the current campaign, OnStaking is planning several long-term initiatives to make BTC staking a core feature:

• BTC Vaults: Auto-managed portfolios that adjust staking strategies based on market signals.

• Cross-Chain BTC Liquidity Pools: Support for BTC yield farming across Cosmos, Solana, and Layer 2 networks.

• BTC Governance Participation: Enable BTC holders to vote on OnStaking DAO proposals using staking NFTs.

These future rollouts are part of OnStaking’s roadmap to make Bitcoin a first-class citizen in the DeFi economy.

About OnStaking

OnStaking is a secure, ESG-driven, multi-chain staking platform founded in 2021. The platform helps users stake their assets across Ethereum, Solana, Cosmos, and Bitcoin-compatible networks with optimized rewards, institutional-grade security, and full decentralization.

Learn more at: www.onstaking.com