TechFlow news, December 30: According to official information, international gold prices experienced a significant reversal, with a single-day drop exceeding 4%. Driven by the sharp price fluctuations, trading activity of gold on the Byreal chain increased notably, reaching a daily trading volume of $1.22 million.
The surge in trading volume directly boosted liquidity staking rewards, with the annual percentage rate (APR) for relevant pools peaking at 155%. Users can participate in liquidity staking one-click through Alpha Farm within the Bybit platform, without needing to create a wallet or hold Gas tokens, to earn on-chain transaction fee rewards.
Meanwhile, Bybit is running a one-month Farm staking event, where users can jointly share a reward pool of 300,000 USDT. In terms of trading methods, users can either instantly swap over 500 different tokens for XAUT, or directly purchase gold tokens via spot trading, combined with the DCA Bot dollar-cost averaging strategy, to gradually reduce long-term holding costs during price correction phases.
