JAKARTA - Reku, an investment platform and buying and selling crypto assets in Indonesia, recorded an increase in the growth of the staking feature since its launch one year ago, namely in June 2023.
The staking feature in Reku allows users to get rewards of up to 12.5 percent per year. In addition, users also benefit from rising prices per coin and can stake and unstake flexibly.
"The average volume of monthly transactions staking has tripled compared to last year," said Jesse Choi as Co-CEO Reku in a statement received on Thursday, July 25.
According to Jesse, this growth not only illustrates the high interest in staking, but also shows staking as one of the main choices of crypto investors.
"As the platform that first launched Bappebti's registered staking, Reku is proud to be able to accommodate investor needs and help optimize its investment strategy," explained Jesse.
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A significant increase occurred in March 2024, which coincided with Bitcoin which touched All-Time-High (ATH) at the level of IDR 1 billion before the easing period which also affected altcoins such as Ethereum, MATIC, and a number of other altcoins.
This indicates that staking is one of the strategies that can be utilized when market conditions are green and sideways. Especially for investors who focus on long-term investment and don't have much time for trading," he concluded.
For information, currently there are eight (8) crypto assets available in the Staking Reku feature, namely Ethereum, Cardano, Solana, Polygon, Polkadot, Tezos, NEAR Protocol, and Kusama, which will continue to grow.
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