Geneva, Switzerland – Since September 13, wLITI token holders have been able to flexibly stake their tokens and receive wLITI in return. By going on the Liti Capital app, downloadable on the Liti Capital website, connecting a compatible wallet and selecting staking, token holders can start earning passively and save.
Liti Capital’s entry into the crypto sphere was via wLITI, the wrapped version of its private equity token LITI, on Uniswap. Since then, wLITI has been listed on centralized exchanges like HitBTC and Bitcoin.com, giving wLITI holders more trading possibilities.
According to Jonas Rey, Liti Capital’s co-founder, Liti Capital SA saw great potential in joining the DeFi trend of staking. It is also a way by which they hope to give back to their loyal community for seeing value in Liti Capita’s vision of opening up private equity investing to the masses.
The product is free of know-your-customer (KYC) checks, making it easy and accessible for any holder who wishes to earn wLITI.
There are three options for users to stake their wLITI tokens:
Users who withdraw their tokens early can simply select to un-stake their tokens. Rather than invalidating all of their rewards, the system calculates how much interest the user has earned cumulatively and gives the relevant amount back to the token holder. This ensures optimal flexibility and fairness in the staking system.
“The community is one of the most important factors in the success of blockchain projects,” says Jaime Delgado, Liti Capital’s chief technology officer.
“The staking program is one of the mechanisms by which the community is rewarded for its fidelity to the project and at the same time reduces the market share of wLiti in circulation which is beneficial for both the holders of wLiti and the company,” Delgado continues.
More information on the staking program can be found at: https://liticapital.medium.com/liti-capital-launches-staking-rewards-61fef8437317
Switzerland-based Liti Capital is a Swiss limited liability company specializing in litigation finance and fintech. Liti Capital buys litigation assets to fund lawsuits and provides a complete strategic solution along with connections to top law firms to help clients win their cases. Tokenized shares of the company lower the barrier of entry for retail investors and give token holders a vote in the company’s decision-making process. Dividends are distributed to LITI token holders upon the success of the plaintiff. Jonas Rey, co-founder of Liti Capital, also heads Athena Intelligence, one of the most successful intelligence agencies in Switzerland. His two co-founders, Andy Christen and Jaime Delgado, bring operational, innovation and technical skills to round out the leadership team.
Liti Capital recently onboarded seasoned industry leader David Kay as chief information officer and executive chairman. Boasting more than a decade of experience as funding partner and portfolio manager of a billion-dollar private equity fund in the litigation financing space, Kay successfully enforced what was at the time the largest international arbitration award in history, bringing in over $1 billion in cash and securities.
For project information, please read the Whitepaper.
For token distribution, please read Tokenomics.
Liti Capital Official Channels
Liti Capital Website: https://liticapital.com
Liti Capital Telegram: https://t.me/Liti_Capital_Official
Liti Capital LinkedIn: https://www.linkedin.com/company/liti-capital
Liti Capital Twitter: https://twitter.com/liticapital
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