The cryptocurrency market continues to experience sharp short-term fluctuations. As of the time of publication, the XRP price is trading at $1.88, down 2.78% ($0.05) in the last 24 hours. The pullback has brought back a new debate amongst traders and long term holders where many are reevaluating their plans due to the unpredictability in the markets.
The market is still pessimistic. Some investors view the fall as a transient correction, whereas other investors are becoming more worried about the continued volatility of the major digital assets.
Wider Market Pressure in Leading Cryptocurrencies
The trend in the movement of XRP is indicative of a broader market trend. The recent changes in the price of Bitcoin, the price of ETH, LTC price, or SOL price have accentuated the rapid mood reversal. The occurrence of abrupt price declines and sharp recovery has made price appreciation to be the only source of returns that investors can look upon.
This has seen the increased interest of alternatives that are not heavily reliant on market direction and more orientated on predictable income.
Poain Launches Stablecoin-Centered Staking Contracts
It is in this context that Poain has presented a staking mechanism which is founded on the stablecoin based contracts, created in partnership with a developed blockchain network. In contrast to the traditional stake models, directly influenced by the fluctuations in the price of tokens, the contracts of Poain are created to provide the stable and passive income on a daily basis, without depending on the fluctuations of such assets like XRP.
The main characteristics of Poain staking are:
Daily income cycle distribution.
Contract structure based on stablecoins.
Fewer fluctuations in crypto prices.
On-chain traceable and transparent operations.
Users have taken interest in this approach when looking to obtain consistency in times of uncertainty in the market.
The reason behind the popularity of Stable Staking
As the XRP price along with other popular cryptocurrencies have been under short term pressure, a capital preservation and consistent returns have become the priority of many investors. Stable staking contracts enable the users to instead concentrate on generating income as opposed to monitoring prices day-in day-out.
In order to reduce the risk of being caught by the sudden market correction, this model is something that can be used to get involved into the crypto economy without spending much time on being exposed to the market fluctuations that are hard to predict.
Sample Contract Models
Registration Rights and Token Representation
Poain now provides a new user with a registration bonus of $115, which offers a convenient, low-cost barrier to the Poinu ecosystem. Users can join contracts as low as $100, and it does not require a significant amount of capital.
Although the most important aspect is staking contracts, participation is also the source of tokens that users obtain on the platform. These tokens are an addition to the value of daily income, but not a substitute.
A Movement to Stability in an Unstable Market
With volatility persisting in XRP and the cryptocurrency market overall, more space is becoming open to platform solutions that focus on stable and contract-based staking. To most investors the important question has ceased to be the direction of the price, but how to make dependable day to day returns irrespective of the market conditions.
The staking model proposed by Poain shows this change, providing an alternative to the users who want to find some stability in a volatile environment.
Name of the company: Poain BlockEnergy Inc.
Websitehttps://poain.com/
Email: marketing1@poain.com
Disclaimer: Cryptocurrency mining and investment involve risks and may result in financial loss. This information is for general purposes only and does not constitute financial or investment advice. Always conduct your own research before participating.
