Place/Date: New York, NY - May 18th, 2022 at 2:00 pm UTC · 3 min read
AscendEX, a leading global cryptocurrency platform, is excited to announce the launch of the OMI Stake and Earn Competition which will be available beginning May 18 at 2:00 p.m UTC on their Earn platform. OMI will have an est. APR of 10%, making it one of the highest rates currently offered to OMI holders anywhere. Start staking at AscendEX Earn.
OMI is the native platform token of ECOMI, an app-based marketplace for premium licensed digital collectibles. On top of a high APR the AscendEX & ECOMI teams will offer an exciting NFT giveaway that includes super rare collections from the ECOMI marketplace.
AscendEX’s innovative Earn product allows users to maximize their returns by activating “compound mode” to grow their staked earnings automatically. They can also use their staked assets as collateral for futures trading. Staked assets on AscendEX can be unbound at any time. ECOMI (OMI) now joins a growing AscendEX staking portfolio already offering WOO, XPRT, PDEX, and many more. AscendEX’s Earn platform offers users a seamless user experience to earn yield through staking and DeFi yield farming across the crypto-verse.
ECOMI is leading the way in mass market digital collectibles. Their app, VeVe, offers one of the most comprehensive digital collectible experiences in the space. With premium format 3D digital collectibles, customizable virtual showrooms, social sharing, and AR compatibility VeVe is a must download.
The OMI token underpins the economy of ECOMI Collect and can be used for the purchase of digital collectibles within the VeVe App. VeVe works with leading licensors from 70+ brands including Superman, NFL, MLB, and many more.
AscendEX has listed the OMI token under the trading pair of OMI/USDT since March 2nd, 2021. The launch of the OMI staking program further highlights AscendEX’s continued commitment to supporting the rapidly growing NFT ecosystem.
The $OMI token is what powers the Veve marketplace and is two-fold in its utility. Firstly, OMI is utilized as the native platform currency used to facilitate exchange of digital collectibles. Holding OMI also permits users access to extra features and benefits within the app, such as the ’Master Collector Program’.
Upon purchase/sale of collectables using OMI tokens, the tokens involved in the transaction are exchanged for the digital collectible and then expire. After a successful purchase the invalid OMI tokens are sent to an inaccessible smart contract where they reside permanently. VeVe users can acquire OMI Tokens using a credit or debit card, or where applicable, via an in-app purchase.
The NFT giveaway will take place from 5/18/22, and run through 6/1/22. Winners who stake a greater amount will have a higher chance to win rare NFTs. Winning users will be announced within 15 days after the event concludes and will be able to receive the prizes after registering for the Veve app. More details about the NFT giveaway will be announced through social media and AscendEX’s website. Access the NFT giveaway here.
Founded in 2018 by veteran Wall Street quantitative traders, AscendEX is a Singapore-based platform for trading digital assets. The exchange is geared both retail and professional traders and offers its clients access to over 200 coin pairs, including the most popular cryptocurrencies and DeFi tokens. It also provides an array of other services such as coin staking, futures trading, and auctions.
ECOMI is leading the way in the mass market digital collectible space. Their app, VeVe, offers the most comprehensive digital collectible experience, with premium format 3D digital collectibles, from the world’s leading brands.