$ETH Reward Program

Earn ETH Rewards with Octaplex

Ethereum is a mainstay in the cryptocurrency domain and has secured the number two position for market cap since it was launched all the way back in 2015. As such, adding an ETH reward option to the vast array of possibilities within the Octaplex Networks rewards coin list, has been an easy decision to make and one that many users are sure to take advantage of.

Ethereum – ETH

The point of difference that sets Ethereum apart from the cryptocurrency projects available is that the Ethereum network was the first blockchain to introduce the ability to run smart contracts.

The ability to run smart contracts on the chain has made the adoption of Ethereum and its ETH token a lot more widespread as other options were previously unavailable.
The smart contract options have opened a whole new world of possibilities for the cryptocurrency space, with the opportunity for projects to create a long list of use cases like decentralized finance, NFT art, gaming assets, and staking, to name a few.

The First Smart Contracts

Smart contracts have established Ethereum and its ETH token as a dominant force in the space, especially within the growing DeFi sector. Currently, there are over 20,000 ERC tokens and more than 3000 dApps that have been created on the Ethereum network.

Currently, the Ethereum network runs as a proof-of-work (PoW) blockchain. The network will soon be making a big move with the planned Ethereum 2.0 upgrade, which aims to become a proof-of-stake (PoS) model that seeks to improve the current issues that plague the original Ethereum network, namely increased scalability and transaction cost.

How to Earn Ethereum With The Octaplex Network

The process to earn rewards within the Octaplex Networks ecosystem and crypto incubator is simple.

All holders of the native token to Octaplex, PLX, can earn multiple rewards simultaneously while at the same time, also being able to choose what percentage of the reward rate they want in each token chosen.

For users who want to earn ETH through the Octaplex Network, all that is needed is to assign ETH as a chosen token within the Octaplex Networks crypto rewards dApp, and choose the percentage rate they would like.