ReHold Marks Successful Private Launch, Announces Future Plans
- Private launch participants enjoyed numerous benefits such as high APR on staking and NFT rewards.
- ReHold also launched their Dual Replays and Auto Replay of Duals features.
The ReHold team has announced its successful private launch in Q1 of 2023. ReHold’s private launch benefitted hundreds of users, increased trading volume and userbase, added new tokens, and gave out special rewards. As a result, the team marked this as the beginning of the second stage of its DeFi revolution.
ReHold, a new player in the DeFi space, is shaking things up with its Dual Investment protocol. Unlike the traditional staking model, where users receive low to moderate returns over a long period of time, ReHold allows users to bet on cryptocurrencies, including Stablecoins, for 12 or 24 hours at an interest rate of up to 250%.
Reportedly, there were hundreds of users during the private launch of ReHold’s Dual Investment Protocol. These users enjoyed returns ranging from 100% to 250% APR for staking their cryptocurrency. Furthermore, the private launch resulted in a 225% increase in trading volume and a user base increase.
The ReHold team also added 30 new tokens to the Dual Investment Protocol. Since the private launch, users can now use the following tokens for Dual Investments: SHIB, MATIC, AVAX, BTC, ETH, BNB, USDT, USDC, BUSD, DOT, LINK, ADA, XRP, TRX, ATOM, LTC, SOL, NEAR, AAVE, AXS, INJ, UNI, LINK, and EOS.
Furthermore, ReHold gave away special rewards to participants of the private launch. ReHold distributed NFTs from the ReHold collection such as the Early Adopter, and Early Adopter Gold Edition, by referring users to the protocol.
ReHold CEO Renat Gafarov shared his excitement about the protocol’s success.
The month went great, and we brought a lot of profit to our users (…) Now we are planning to add new networks like Polygon, Avalanche, and Ethereum, which will greatly expand the potential of our product and give users more profit opportunities.
ReHold also launched Dual Replays and Auto Replay of Duals. This new feature allowed users to create one dual and set it to auto-replay. In detail, Dual will automatically replay gas-free after the staking period ends, resulting in more profits for the user. ReHold CTO Mikhail Semin called the Dual Replay feature a ‘natural progression’ for their protocol.
ReHold is a cross-chain protocol that leverages Uniswap V3 on Ethereum, Optimism, and Arbitrum. This protocol ensures high returns, low risk, and low barriers to entry. The protocol is non-custodial, requiring no registration, KYC verification, or access to your private keys.