Hololoot Partners with MyCointainer Earning Platform for Enhanced Staking
Today we’re excited to announce our partnership with MyCointainer — a leading Staking-as-a-Service provider that helps simplify staking for users and projects alike. As part of this partnership, we’ll be migrating our staking platform to MyCointainer. This is a huge win for Hololoot as it will expose us to a host of new users while improving the staking process for our existing holders.
MyCointainer will also add our $HOL token to their in-app swaps, allowing users to seamlessly trade crypto and fiat for $HOL without needing to visit multiple exchanges. With fresh tokens in their MyCointainer wallet, users can earn automatically compounding yields and increase their returns over time.
If you’re staking with us, now is the time to begin moving to MyCointainer. The old staking pools will remain open for stakers to withdraw until the end of October.
If you’re staking, here’s what you should do:
- If you have tokens in the HOL/BUSD LP and HOL-PIXEL staking pools, withdraw them via unstake. Be mindful of the unstaking lockup period so that you don’t need to pay the extra withdrawal fee. You can do this at staking.hololoot.io. We recommend that you do this by the end of this month, otherwise, your tokens may be lost.
- If you have $HOL tokens in the HOL-HOL pool the best approach will be to unstake them from the existing smart-contract and move them to MyCointainer. There you will enjoy the same rewards in HOL, and during its staking receive PIXEL tokens for free.
- Head to mycointainer.com and deposit your tokens.
- Begin earning! You’ll automatically receive rewards on the tokens in your MyCointainer wallet.
Note that there is a 7-day unstaking countdown that you’ll need to wait for. This is coded into the smart contract and cannot be removed. If you don’t want to pay a fee to get your tokens out on time, make sure you account for this when unstaking and begin the process at least 7 days before the end of October. Anyway, during staking at MyCointainer platform you can unstake anytime.
$PIXEL staking will improve with MyCointainer. Rather than selecting the pool that you’re staking in, $HOL tokens will automatically receive $PIXEL rewards once they’re on MyCointainer ✨
Yields will remain variable, however, they will all fall within the defined range. That’s a 10% APY minimum, and a fixed 10:1 daily reward rate for HOL:PIXEL.
We’re eager to get as many users as possible to the new platform at MyCointainer. Not only will MyCointainer’s expertise improve the staking experience for all users, but $HOL’s addition to the MyCointainer wallet will also bring our project to a brand new audience.
While this is the beginning of our partnership with MyCointainer, it won’t end there. We’ll be looking for new ways to extend our collaboration in the future, so keep an eye on our announcements for more updates.
MyCointainer is a major global crypto-staking platform with more than 125,000 active users. By offering both custodial and non-custodial staking services to users and projects, MyCointainer takes the headaches out of staking management and makes it accessible for users of all abilities. Anyone interested in earning passive income can take advantage of the staking mechanism and MyCointainer’s automatically compounding yields, all without the complexities DeFi has become known for.
With services that cover staking, fiat-crypto swaps, airdrops, and cold staking, MyCointainer is the only service anyone looking to get started in DeFi needs.
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