TechFlow, November 12 — According to an official announcement, Polkadot (DOT) has now launched on Bybit's on-chain earn program, going live on November 10 at 10:00 UTC, offering users new opportunities for on-chain staking gains.
Polkadot (DOT), launched in 2020 by Dr. Gavin Wood, co-founder of Ethereum, is a blockchain network that supports multi-chain interoperability.
It enables secure transmission of any type of data across different public chains and provides unified security for all parachains through an innovative shared security model powered by the relay chain. DOT is the network’s native token, serving core functions including governance, staking, and bonding.
Four key advantages of staking DOT on Bybit:
• Higher returns: Participate in on-chain staking to enjoy premium, stable on-chain yields.
• Seamless experience: Complete on-chain staking with one click via a centralized exchange, with complex on-chain processes handled automatically by the platform.
• Secure growth: Earn continuous staking rewards while contributing to the network’s decentralized security.
• Flexible control: Enjoy greater flexibility in staking and unstaking, allowing users to freely switch between asset growth and liquidity.
