With recurring purchases for staking, you can automate your crypto accumulation journey, simplify asset management, and maximise long-term rewards.
Let’s face it: no one likes sitting idle while the market behaves like a hydra, growing new heads faster than you can keep up. The bull market, seductive yet dangerous like a siren’s song, also offers huge opportunities for those who stay grounded and play smart.
In these times, recurringpurchasescombinedwithstaking are like the ultimate Goku-Vegeta fusion: you keep accumulating crypto while reducing risk through dollar-cost averaging andearning rewards on what you already hold. And those extra staking rewards? That’s the cherry on top. You can sell them when the market peaks or keep them because you believe in the project more than in your trading instincts.
Then there’s the bear market – the stuff of nightmares for many. It’s a dull, slow, and almost soporific time when most people give up. But that’s when the best opportunities arise. Lower prices, better deals – if you have the patience. While the market drags along, staking works quietly in the background, creating a solid foundation of tokens that will give you an edge when the market roars back to life.
Quick refresher: market cycles
For anyone new here, let’s cover the basics: markets are cyclical and move through four main phases – accumulation, uptrend, distribution, and downtrend. Simple, right?
The accumulation phase comes after the downtrend once prices stabilise. But it may feel counterintuitive to keep accumulating when the market is already rising. However, that’s exactly when a well-thought-out strategy like recurring purchases comes into play.
During an uptrend, many investors succumb to FOMO (fear of missing out), buying impulsively at market peaks. By sticking to a disciplined recurring purchase plan, you’re effectively smoothing out the highs and lows, ending up with a reasonable average price over time.
Staking in the accumulation phase
Once the market has bottomed out and prices are stable, recurring purchases combined with staking become your best allies. This strategy helps you build strong foundations for the market’s next phases, turning time into your greatest asset.
Recurring altcoin purchases in a bull market
Here’s something that often gets overlooked: if Bitcoin is the undisputed king and Ethereum the black panther of the crypto jungle, altcoins are more elusive prey.
During a bear market, altcoins tend to stay in the shadows. Why? Because it’s hard to tell which ones will survive – unless they’ve already proven themselves resilient during previous downturns.
The altcoin market is a mixed bag. Some projects are rock-solid, built for long-term success, while others are just seasonal cryptos – fleeting stars that shine brightly during bull runs but fade when the market cools.
This is why, in a bull market, it’s critical to distinguish between altcoins with real potential and those merely riding the hype wave. Long-term success comes down to quality.
Here’s the key takeaway: historical solid altcoins often move in sync with Ethereum during uptrends, making them easier to spot. Recurring purchases give you an edge by allowing you to accumulate these promising assets without relying on risky, short-term trades. When combined with staking (available for select altcoins), this strategy lets you maximise rewards while the market is on the rise. Just be sure to plan your exit strategy before the market peaks.
How does it work?
It’s easier than you think.
Choose your preferred frequency – daily, weekly, or monthly.
Set the amount you want to put in staking.
From there, your funds will automatically be converted from euros into cryptocurrency and staked at your chosen frequency. Each operation creates a new stake. Mission accomplished. Simple, right?
Quick note: Remember that the crypto market is volatile, so the number of tokens purchased will vary with each recurring purchase, depending on the asset’s price at the time of execution.
Additional benefits
Diversification: Spread your funds across multiple cryptocurrencies to reduce risk and increase your chances of success.
Discipline made easy: If you struggle with consistency or get swayed by market emotions, recurring purchases provide a hands-off approach that keeps you on track.
At the end of the day, it all comes down to one simple truth: markets are cyclical, but success is for those who stick it out – whether it’s a frenzied rally or a period of stillness. Stay in the game, plan ahead, and don’t get dazzled by short-term fireworks.
Young Platform presenta Bot Only Euro (BOE), un servizio innovativo pensato per le aziende che vogliono accettare pagamenti in criptovalute senza affrontare le complessità di gestione. Con BOE, le criptovalute ricevute vengono convertite automaticamente in euro, semplificando la contabilità e minimizzando i rischi legati alla volatilità.
La crescita dei pagamenti digitali e internazionali
L’Europa si conferma leader mondiale per il volume complessivo delle transazioni B2B digitali, trainata dall’adozione di tecnologie avanzate nei pagamenti internazionali. Tuttavia, i sistemi bancari tradizionali spesso non sono all’altezza delle esigenze di rapidità e costo.
Le blockchain per i pagamenti cross-border offrono un’alternativa straordinariamente conveniente, con costi fino a 5.000 volte inferiori rispetto ai metodi tradizionali e velocità fino a 432.000 volte superiore. L’uso delle stablecoin, valute digitali ancorate al valore di monete tradizionali come l’euro, garantisce inoltre stabilità e sicurezza, eliminando la volatilità delle criptovalute classiche.
Perché le stablecoin sono cruciali?
Le stablecoin si distinguono dalle altre criptovalute per la loro stabilità. Ad esempio, 1 USDC equivale sempre a 1 dollaro, mentre altre stablecoin replicano il valore dell’euro. Sono ideali per i pagamenti internazionali, rendendo le transazioni più economiche, veloci e trasparenti. Questo le rende perfette per:
Pagamenti transfrontalieri senza costi elevati o ritardi bancari.
Commerci internazionali, dove i tassi di cambio sfavorevoli possono essere un ostacolo.
Pagamenti in crypto per acquisti di NFT, royalty o servizi digitali.
Bot Only Euro: converti crypto in Euro in automatico
Accettare pagamenti in crypto rappresenta un’opportunità unica per aziende di ogni settore, soprattutto in ambiti come l’import-export, dove le criptovalute possono superare le inefficienze dei sistemi bancari tradizionali.
Il servizio BOE di Young Platform rende tutto questo più semplice:
Conversione automatica: ogni pagamento ricevuto in criptovalute viene convertito in euro al tasso di mercato in tempo reale.
Flessibilità: le aziende possono selezionare quali criptovalute convertire o mantenerle nel proprio wallet.
Stabilità fiscale: grazie alla conversione immediata, non si generano plusvalenze o minusvalenze, evitando così implicazioni fiscali aggiuntive.
Operatività semplificata: niente più operazioni manuali di vendita crypto.
Pagamenti Blockchain e velocità con i Layer 2
Grazie ai Layer 2, come Lightning Network, i pagamenti in blockchain diventano ancora più rapidi e scalabili. Questi sistemi sono ideali per:
Rimesse internazionali con costi minimi.
Pagamenti B2B cross-border, garantendo sicurezza e scalabilità.
Micro-pagamenti globali, dove la velocità è essenziale.
I pagamenti su blockchain garantiscono inoltre tracciabilità, trasparenza e un livello di sicurezza che supera i sistemi bancari tradizionali.
L’Importanza del BOE per le Aziende
Sono numerosi i business a cui è dedicato il Bot Only Euro, pensiamo solo all’import-export. Accettare Bitcoin e altre valute virtuali, infatti, può rendere più convenienti i commerci con l’estero. Se ad esempio un’azienda partner ha la sede in un paese extraeuropeo, in cui la valuta ha un tasso di cambio sconveniente, oppure il cui sistema bancario è poco efficiente, il pagamento su blockchain permette di aggirare questi ostacoli.
Le aziende che scelgono di accettare pagamenti in criptovalute possono trarre numerosi vantaggi:
Accesso a un mercato in crescita: l’adozione delle crypto come metodo di pagamento è in continua espansione, spinta dalla domanda dei clienti.
Efficienza nei pagamenti internazionali: superare i limiti dei circuiti bancari tradizionali, soprattutto in paesi con sistemi finanziari poco performanti.
Supporto alle innovazioni del Web3: come gli NFT, che rappresentano una nuova frontiera di entrate e identità digitale.
Nel 2020 è esploso il trend dei Non Fungible Token, oggetti digitali basati su blockchain che possono rappresentare opere d’arte, oggetti collezionabili o certificati. Così molti brand e artisti hanno iniziato a creare la propria collezione: dalle case di moda, ai cantanti, ai videogiochi, questi token sono diventati un must per la brand identity dei marchi.
Gli NFT nella maggior parte dei casi vengono acquistati con criptovalute, che vanno all’autore, ossia in questo caso all’azienda o all’artista. Inoltre, possono generare royalty, in quanto garantiscono il diritto d’autore su blockchain e il relativo compenso per l’utilizzo dell’opera.
Di conseguenza, qualunque società che abbia emesso uno o più NFT, potrebbe ricevere pagamenti ed entrate in criptovalute.
Come attivare il Bot Only Euro?
Attivare il servizio BOE è semplice. Per iniziare, è necessario aprire un Account Businesssu Young Platform, che permette alle aziende di:
Ricevere criptovalute direttamente nel wallet aziendale.
Convertirle automaticamente in euro, semplificando la gestione della liquidità.
Per ricevere pagamenti in criptovalute sull’account Young Platform, qualunque società può semplicemente condividere il suo indirizzo del wallet al cliente.
Contatta il team dedicato ai servizi per le imprese per scoprire tutti i vantaggi e attivare Bot Only Euro. Scrivi a [email protected] e inizia subito a trasformare i pagamenti in crypto in un’opportunità per il tuo business!
Blockchain payments are up to 5,000 times cheaper and 432,000 times faster than traditional bank transfers, revolutionising international transactions.
International B2B payments are undergoing a profound digital transformation driven by businesses of all sizes increasing adoption of innovative technologies. In 2023, the total volume of these transactions reached $39.3 trillion, with a projected compound annual growth rate (CAGR) of 11.4% between 2023 and 2028.
According to a survey by the Capgemini Research Institute, Europe remains the global leader in total digital B2B transaction volume, while the Asia-Pacific region significantly contributes to the sector’s international expansion. This growth is closely tied to the rise of B2B online marketplaces, which surpassed 750 platforms worldwide in 2023 and are expected to reach 1,000 by 2025. By 2030, these marketplaces’ grossmerchandise value (GMV) could hit $26 trillion.
While globalisation initially drove growth in the B2B payments sector, the real breakthrough has occurred in recent years, particularly in the aftermath of the pandemic. The surge in digital transactions has pushed many businesses towards B2B e-commerce, fundamentally reshaping the commercial landscape.
The meaning of B2B
B2B (business-to-business) refers to transactions, relationships, or commercial exchanges between two businesses rather than between a business and an end consumer. This model is widely adopted across various industries, including wholesale trade, professional services, and digital B2B platforms.
In essence, B2B encompasses direct interactions between businesses, focusing on providing products, services, or solutions that support business operations and growth.
Use cases for international B2B payments.
Businesses frequently need to make cross-border payments in a range of scenarios, including:
B2B E-commerce
Import and export activities
Software subscriptions (SaaS)
Salaries for international employees
Corporate trading and investment
Repatriation of funds and treasury flows (for multinational corporations)
However, traditional payment methods face significant challenges in costs and processing times, which can directly impact cash flow and business growth.
FinTech Innovation and Blockchain
In response to these challenges, FinTech companies, such as Young Platform, are driving advancements in instant payment technology. This is particularly critical given that only 13% of European banks have robust infrastructure to support fast payments.
Collaboration with FinTech providers enables businesses and banks to accelerate processes across several market segments:
B2B (Business to Business): Transactions between businesses.
B2C (Business to Consumer): Payments from firms to consumers.
C2B (Consumer to Business): Payments from consumers to businesses.
P2P (Peer to Peer): Direct transfers between individuals.
According to a survey conducted by Capgemini Research Institute, 21% of banks interviewed globally prefer to collaborate with existing FinTech companies to leverage their expertise and technology. Relying on external solutions instead of developing internal systems reduces costs and time to market, enabling the development of scalable solutions for a wide variety of targets.
Costs are a critical issue in international payments
High costs of traditional methods
Traditional payment methods, such as international bank transfers, credit card networks, and wire transfers (SWIFT or SEPA), continue to incur significant costs, directly impacting the affordability and efficiency of cross-border transactions.
High Fees: Credit card transactions cost between 2% and 4% for international payments, while bank transfers often include hidden fees due to the complexity of global networks.
Currency Conversion Costs: Exchange rate fees and currency volatility can significantly increase final costs.
Nostro/Vostro Accounts: Some banks use separate foreign currency accounts with high operational costs, passing the burden onto customers.
According to the Remittance Prices Worldwide report by the World Bank:
The average cost of remittances in G8 countries is 5.87%.
In G20 countries, this rises to 6.47%.
Regions like Europe and Central Asia (ECA) saw significant increases in 2024, with costs rising from 6.66% in 2023 to 7.39% in 2024.
Blockchain: a more cost-effective alternative
In contrast, blockchain payments offer significantly lower costs. Depending on the blockchain network used, fees for international transactions can be drastically reduced:
Ethereum: $6.42 per transaction, competitive compared to traditional methods.
Solana: $0.007 per transaction, one of the fastest and most affordable solutions.
Polygon PoS: $0.02 per transaction, ideal for micro-payments.
Blockchain technology introduced by digital and FinTech services is becoming an increasingly attractive option for reducing internationaltransfer costs and improving transaction efficiency.
Slow Settlement Times
Traditional payment methods often suffer from lengthy settlement times, causing delays in fund availability:
Automated Clearing House (ACH): 1-3 business days.
International wire transfers: 1-5 business days.
Debit/credit card payments: 1-3 business days.
Paper cheques: 2-5 business days (plus potential postal delays).
In contrast, blockchain payments offer much faster processing times:
International payments face numerous challenges regarding transparency and security, which can slow operations and increase risks, especially for small businesses that are often less equipped to address these issues.
Fragmented Regulations: Each country has its own rules, making compliance difficult and creating inefficiencies in traditional payment systems.
Limited Visibility: Traditional methods often provide a poor user experience and need more transaction traceability, complicating operation monitoring.
Fraud risks and security in International Payments
International payments are particularly vulnerable to cyberattacks and fraud attempts, especially when using outdated systems. The slowness of traditional payment methods increases the likelihood of fraudulent interventions.
In contrast, blockchain networks offer a solution to these challenges by providing:
Enhanced Speed: Faster transactions reduce the time window for potential fraud.
Improved Traceability: Every transaction is recorded on a public, immutable ledger, ensuring complete visibility and security.
Higher Security Standards: Advanced encryption and decentralised structures make blockchain payments far less susceptible to cyber threats.
How new technologies benefit businesses
Adopting advanced technologies for international payments provides three key advantages for businesses:
Market Expansion: More efficient payments facilitate access to foreign markets and enhance global trade opportunities.
Process Automation: Automation reduces errors, accelerates transaction processing, and strengthens fraud prevention mechanisms.
Greater Transparency: Companies gain better visibility over costs, processing times, and exchange rates, allowing for more accurate financial planning.
Blockchain and Its Impact on B2B Payments
The blockchain is transforming international B2B payments, offering a unique combination of speed, transparency, security, and reduced costs, making it one of the most promising technologies in the global financial sector.
Advantages of Blockchain
Blockchain enables transactions with distinctive benefits:
Fast and Cost-Effective: Payments made on the blockchain can be up to 5,000 times cheaper than traditional methods like bank transfers and up to 432,000 times faster, particularly for cross-border transfers.
Traceable: Every transaction is recorded on an immutable public ledger, ensuring transparency and ease of monitoring.
Secure: Using stablecoins such as Tether (USDT) and USD Coin (USDC) eliminates the volatility risks of traditional cryptocurrencies, as these are pegged 1:1 to fiat currencies like the US dollar or euro.
Regulated: Stablecoins like USDC already comply with international regulations, including the EU’s MiCAR framework.
Stablecoins: A Solution for International Payments
A stablecoin is a cryptocurrency designed to maintain a stable value over time. It is typically pegged to a reference asset such as a fiat currency (e.g., the US dollar or euro), a commodity (e.g., gold), or a basket of assets. This type of cryptocurrency combines the stability of traditional currencies with blockchain technology, enabling fast, cost-effective, and transparent transactions. Stablecoins are used in international payments, protection against cryptocurrency volatility, and as a bridge between traditional and digital financial systems.
The termLayer 2refers to technological solutions that operate on top of a primary blockchain (called Layer 1, such as Ethereum or Bitcoin) to improve scalability, reduce transaction costs, and increase processing speed. These solutions offload some operations from the main blockchain by executing them off-chain while still ensuring security and decentralization. Layer 2 solutions are essential for addressing the network limitations of Layer 1 blockchains, such as congestion issues. Many of them support stablecoins, which, as mentioned, are well-suited for payments due to their stable value. Additionally, with ultra-low transaction costs, they are ideal as a payment system.
Examples of Blockchain Applications
Leading companies are embracing blockchain-based solutions:
Visa B2B Connect: Utilises blockchain for bank-to-bank transactions without requiring cards.
Mastercard Send: Provides instant payments via a private blockchain.
Stripe and USDC: Enables payments with regulated stablecoins like USD Coin, ensuring compliance and security.
Le marché haussier est là ! Le moment est peut-être venu de se préparer à la tant attendue altseason. Et comment ? Avec une réduction de 50 % sur les frais de trading d’altcoins.
Ce mois de novembre, le marché crypto a connu une explosion de dynamisme, suscitant l’euphorie des traders et investisseurs. Toutefois, cette croissance a surtout profité au Bitcoin, à quelques exceptions près, comme Ripple (XRP) et Stellar (XLM). Parmi les crypto-enthousiastes, captivés par la récente montée en puissance du Bitcoin, une question revient sans cesse : « Quand débutera l’altseason ? »
Même si nous n’avons pas de boule de cristal pour y répondre avec certitude, nous pouvons vous donner quelques conseils sur les indicateurs à surveiller pour détecter le début de cette période tant espérée. Et, pour vous y préparer, nous offrons une réduction de 50 % sur les frais de trading d’altcoins. Lisez la suite pour en savoir plus !
L’altseason est-elle imminente ?
Pour anticiper l’arrivée de l’altseason, il est crucial de suivre deux indicateurs clés : la dominance du Bitcoin et le ratio ETH/BTC.
La dominance du Bitcoin Cet indicateur compare la capitalisation boursière du Bitcoin à celle du marché total des cryptomonnaies, exprimée en pourcentage. En hausse depuis le début de 2023, la dominance du Bitcoin s’est stabilisée ces dernières semaines avant de commencer à baisser. Depuis le 22 novembre, elle est passée de 61,3 % à 58 %, ce qui indique que le « poids » du BTC sur le marché crypto diminue.
Le ratio ETH/BTC Ce graphique montre la force relative d’Ethereum par rapport au Bitcoin. En chute libre depuis 2021, il semble avoir trouvé un support capable d’arrêter cette tendance baissière autour de 0,031 BTC. Suivre la performance relative d’Ethereum est essentiel, car il s’agit de la principale altcoin et, historiquement, elle a toujours été la première à réaliser de belles performances lors de l’altseason, suivie par des cryptos à plus petite capitalisation. Actuellement, le ratio ETH/BTC se situe à 0,037 BTC, enregistrant une haussede 15 % depuis le 22 novembre.
Altcoin Friday : 50 % de réduction sur les frais de trading d’altcoins
Maintenant que vous savez quels indicateurs surveiller pour repérer le début de l’altseason, parlons de l’Altcoin Friday. Pour célébrer le Black Friday et l’élan haussier du marché crypto, nous appliquons une réduction de 50 % sur tous les paires Altcoin-Euro !
Cette promotion est valable jusqu’au dimanche 1er décembre à 23h59 et s’applique aux ordres d’un montant minimum de 100 euros.
Pour les membres des Clubs de Young Platform, cette réduction peut se cumuler avec celle dont vous bénéficiez déjà. Par exemple, si vous êtes membre du Club Bronze et avez droit à une réduction de 30 %, celle-ci sera d’abord appliquée, puis la réduction supplémentaire de 50 % sera calculée sur la commission restante.
Note : Cette réduction s’applique uniquement aux paires Altcoin-Euro sur l’application Young Platform (et non sur Young Platform Pro) et ne concerne pas les frais de trading pour les paires altcoin-stablecoin, comme ETH-USDT.
The bull market is here, and it might be time to prepare for the much-anticipated altseason. How? With a 50% discount on altcoin trading fees!
This November, the crypto market has witnessed an explosion of bullish momentum, igniting euphoria among traders and investors. However, this growth has primarily benefited Bitcoin, with a few exceptions such as Ripple (XRP) and Stellar (XLM). Many crypto enthusiasts, captivated by Bitcoin’s recent rally, are asking one pressing question: “When will the altseason begin?”
While no one can predict the market with certainty, we can offer some guidance on key metrics to monitor and detect the start of the altseason. We’re offering a 50% discount on altcoin trading fees to help you get ahead. Read on for details!
Could Altseason be just around the corner?
To predict the altseason, it’s essential to monitor two key indicators: Bitcoin Dominance and the ETH/BTC ratio.
Bitcoin Dominance This metric compares Bitcoin’s market capitalisation to the entire cryptocurrency market, expressed as a percentage. After climbing steadily throughout 2023, Bitcoin Dominance has plateaued in recent weeks and is now beginning to decline. Since 22 November, Bitcoin Dominance has dropped from 61.3% to 58%, suggesting that Bitcoin’s influence in the crypto market is diminishing.
ETH/BTC Ratio The ETH/BTC chart shows Ethereum’s relative strength to Bitcoin. This ratio has been in a downtrend since 2021 but recently found support around 0.031 BTC, halting its decline. Monitoring Ethereum’s relative strength is crucial, as ETH has historically led the alt season, often achieving strong performance before smaller-cap altcoins follow suit. Currently, the ETH/BTC ratio is at 0.037 BTC, marking a 15% increase since 22 November.
Altcoin Friday: 50% off altcoin trading fees
Now that you know what to watch to spot the start of the altseason, it’s time to talk about Altcoin Friday. To celebrate the crypto market’s bullish momentum and Black Friday, we’re offering a 50% discount on all altcoin-Euro trading pairs.
This promotion runs until Sunday, 1 December, at 11:59 PM, and applies to orders with a minimum value of €100.
For members of the Young Platform Clubs, this discount is stackable with your existing Club discount. For example, if you’re part of the Bronze Club with a 30% discount, it will be applied first, followed by the additional 50% from the Altcoin Friday promotion.
Note: This offer applies exclusively to Altcoin-Euro trading pairs on the Young Platform app (not Young Platform Pro) and does not include trading fees for altcoin-stablecoin pairs, such as ETH-USDT.
The Q3 2024 YNG Token Report – Key highlights and next steps
The latest quarterly report for the YNG token is here, bringing you a full update on recent developments and future milestones. What’s been happening in this action-packed quarter? And where are we heading next?
The YNG Token Report is essential reading for anyone following the progress of Young Platform’s utility token. It outlines the major steps we’re taking to introduce YNG to the decentralised market. This quarter’s strategy hinges on three core initiatives: buybacks, regular liquidityinjections, and both public and private sales. Full details on each can be found in the main report below.
What happened in Q3 2024?
Curious about what was achieved in Q3? The report details everything, including token issuance, purchases, sales, and the latest milestones achieved on the journey to decentralising YNG. In our roadmap to decentralisedmarketentry, you’ll also find updates on the broader token project and the current stage.
For a complete overview, read on to explore this October 2024 report.
Young Platform Club metrics: Q3 2024
YNG is the utility token of Young Platform, which provides members with access to exclusive subscription-based “Clubs” that reward our most committed supporters with unique benefits.
Currently, the Clubs include 1,659 members, split as follows:
Bronze Club: 1,172 members
Silver Club: 224 members
Gold Club: 131 members
Platinum Club: 132 members
Membership in these Clubs requires a locked balance of YNG tokens on the Young Platform exchange. This membership distribution demonstrates the token’s user base and influences market dynamics; the higher the Club membership, the lower the selling pressure on YNG, ultimately supporting price stability.
Since the launch of Staking, YNG holders have gained an additional benefit: token rewards provided through staking, exclusively in YNG. Full details on staking benefits can be found later in the report.
Membership Trends
Comparing these figures with those from Q2 2024 shows a slight decline in Club members, down from 1,699 to 1,659:
Bronze Club: 1,192 members
Silver Club: 230 members
Gold Club: 139 members
Platinum Club: 138 members
This represents a 3% decrease in membership numbers. However, recent updates to our ecosystem could shift this trend. In early October, we launched staking with enhanced rewards for Club members, and exclusive content from the crypto and finance event DYOR24 will soon be available to our most dedicated supporters.
YNG Token distribution and circulating supply
In June, the circulating supply of YNG was approximately 23.6 million, and by September, it had risen to around 23.67 million, marking a net increase of approximately 68,356 tokens, or 0.33%.
These tokens were allocated through various activities:
18,202 tokens were distributed via Quizzes, Challenges, and Up&Down (pre-Level implementation).
50,153 tokens awarded through Level completions.
YNG’s market operates through an algorithm managing the exchange rate using two underlying liquidity pools in EUR and YNG. At the May 2022 launch, these pools contained:
€1 million
4 million YNG
After accounting for buy and sell activities across Q3, by July 2024, the pools held:
€655,740
6.45 million YNG
This configuration reflects the token’s buy and sell dynamics over the past quarter, including price performance data presented later in the report.
YNG Token emissions in 2023
What happened in Q2 2024 in terms of Tokenomics?
The structure of YNG emissions saw its first major shift last year with the Step 3.0 updateand more recently, with the introduction of Staking. Regarding Step 3.0, we now have sufficient historical data to analyse its impact. For Staking, while still in the early stages, the initial results are aligned with our planned economic model, which we’ll explore further in this report.
As the chart illustrates, the latest Step update significantly curtailed YNG distribution, reducing new token emissions by 95%. A decrease in active users also influenced this outcome.
It’s important to highlight that YNG’s upcoming launch on the decentralised market will coincide with a full restructuring of its tokenomics. Specifically, our new features will channel token rewards exclusively to Club members, a model introduced with our latest Staking feature.
We anticipate a rise in YNG emissions starting in Q4 2024. However, increased Club membership and demand are likely to offset this, which could positively impact the token’s market dynamics.
YNG price analysis
YNG Price Trends in Q3 2024
Let’s examine YNG’s price movement throughout Q3 2024. Like Q2, the broader crypto market remained relatively stable over the summer, with Bitcoin trading within a narrow range of $67,000 to $55,000, showing no clear trend.
Similarly, YNG’s price exhibited low volatility, fluctuating slightly between $0.10 and $0.11.
Q3 2024 achievements
Our primary focus in Q3 2024 has been enhancing the Staking feature alongside ongoing developments in the YNG token project (which we’ll detail in a dedicated section). A key objective was to reintroduce the Earn feature, which we had paused in 2022, and to make significant strides toward regulatory compliance under the EU’s Markets in Crypto Assets (MiCA) framework, partially enacted in late June.
This report provides an excellent opportunity to summarise our recent work. Let’s review the initiatives undertaken in 2024 to increase the value of our Clubs and, in turn, boost YNG’s appeal.
Staking on Young Platform
A key focus of Q3 2024: Staking
The highlight of Q3 2024 has been the rollout of our Staking feature. Though there are many exciting changes compared to the Earn function active on Young Platform until the end of 2022, the main objective remains: allowing users to earn rewards on their crypto assets easily and simply. Whether you’re a seasoned investor or a newcomer to the crypto world, Staking offers a straightforward way to put your assets to work and maximise returns.
Staking on Young Platform brings two primary benefits:
Simplicity: Earn rewards without needing to navigate the complexities of decentralised protocols.
Accessibility: Start with as little as €50, making staking available to users with smaller portfolios.
A unique aspect we want to emphasise in this report is that Staking represents the first feature developed under YNG’s new economic model, which will be discussed in detail later. Beyond the standard rewards, our most loyal members receive additional YNG token bonuses.
We aim to engage and reward Club members by providing enhanced benefits within our ecosystem. The following YNG bonus rewards are available depending on the Club membership level. To calculate the total value of these boosts, simply add the percentage below to the standardstaking APY. The maximum additional percentage varies depending on the staked asset:
Bronze Club: up to +5%
Silver Club: up to +15%
Gold Club: up to +30%
Platinum Club: up to +70%
Check out our dedicated guides for a more in-depth look at how staking works and how to make the most of this feature!
DYOR24: a successful event
Last week, we hosted DYOR24, a free online event that brought together Italy’s leading crypto and finance expertsin one virtual space. It was a tremendous success! Our team’s efforts were validated by the fantastic feedback we received regarding the quality and accessibility of our speakers. At Young Platform, we’ve always aimed to foster an environment where people can explore, discover, and ask questions without hesitation, and DYOR24 embodied this mission in every session.
But there’s more! In the coming days, DYOR24 will become an exclusive benefit for Club members, who will gain access to recordings of every guest session. This first online event will transform into a professional course, with experts stepping into the role of “instructors” to deliver over 24 hours of in-depth lessons on a range of critical topics across crypto and finance.
New benefits for Club members
In recent months, we’ve introduced two additional perks for our Club members through exclusive vouchers:
Saily: In September, we launched Saily, an international eSIM service enabling seamless internet access worldwide. Developed by Nord Security, the creators of NordVPN (a brand we already partner with), Saily is perfect for staying connected no matter where you are.
Tiqets: We recently announced our partnership with Tiqets, a service that provides discounted and queue-free access to museums, attractions, and activities worldwide—from New York to Tokyo, Rome to Paris.
These new benefits, alongside our collaborations with WeRoad, Saily, and now Tiqets, offer Club members a fully enhanced travel experience. With WeRoad, members can explore the world through exciting group trips. Saily ensures they stay connected online, and Tiqets allows them to make the most of their travel experiences quickly and conveniently.
More partnerships on the horizon
The new benefits don’t stop here. We are talking with other prominent brands to continue providing our members with increasingly valuable and exclusive benefits. Stay tuned to our blog and social media channels to be the first to hear about what’s next!
Exciting developments ahead!
Here’s where things get really interesting. As hinted earlier, Q3 2024 saw us focus on Staking and early groundwork for our upcoming Payment Account feature. Meanwhile, the YNG token has remained at the core of our efforts, with significant progress and a clear roadmap for its future—a main focus of this report.
Payment account & Card
As mentioned in the previous report and our dedicated AMA, we’ve been working on something special, a long-term project we’re thrilled to bring back into focus thanks to new opportunities that allow us to expand our vision.
This upcoming feature merges the best of traditional and digital finance into one seamless experience, elevating your daily interactions to something truly revolutionary. Rather than simply providing a tool, we aim to introduce a feature that integrates fully with our ecosystem, setting us apart from competitors. Our goal is to launch the Payment Account and its accompanying Card by the end of Q1 2025, and we are positioning the Clubs and YNG token to play a central role in this ecosystem.
New Staking developments
The Staking feature, launched on 7 October, is just the beginning. In addition to app integration and the ability to stake Solana (SOL), we’re actively working to expand staking options across a broader range of cryptocurrencies, enabling users to earn rewards on more assets they hold.
As always, we welcome user feedback to guide us in implementing new staking options that best meet our community’s needs.
Tokenomics: the evolution of Young (YNG)’s Economic Model
In Q3, we reviewed and refined the documents created in Q2, incorporating valuable feedback from fund managers and advisors. Alongside these refinements, we developed an enhanced economic model for YNG, positioning it as a core driver of engagement within our ecosystem and directly rewarding user participation.
A live session initially planned for our Platinum Channel members was postponed over the summer due to essential revisions, but it will now be rescheduled following the AMA for this report to cover all the latest updates.
With the recent launch of staking, many of you have noticed that YNG has evolved beyond its previous role as a simple reward in Step. YNG will be integrated across most of our platform’s features, incentivising activities like learning, trading, and transactions and making Club membership more appealing.
New YNG Model: incentives for platform engagement and Club Membership
Our revised YNG model is designed to reward user activity and promote Club membership. Every interaction on the platform—whether educational, trading, buying, or selling—earns users rewards, thus enhancing the value of joining our Clubs. This approach draws in new users and encourages our existing community to participate more deeply, fostering organic growth, a balanced token economy, and long-term sustainability.
Key features of the new model and the upcoming steps towards decentralised market entry include:
Reward Structure
Our reward system aims to attract new users and boost community engagement. By offering a variety of incentives linked to user actions, we are promoting Club participation and building a more vibrant, dynamic community. Here’s an overview of our primary reward structures:
Learn Reward: Users earn YNG by engaging with educational content and games on the platform. This initiative rewards learning and commitment, helping users expand their financial knowledge while strengthening their connection to our ecosystem.
Staking Reward: Club members who use our staking feature (or staking services from third parties like LIDO, available through the platform) receive additional YNG rewards. This mechanism encourages Club participation and engagement with our ecosystem’s features without substantially increasing token circulation.
Card Cashback: Transactions made through the upcoming “Payment Account & Card” feature will earn users cashback in YNG. This reward structure is designed to maximise the benefits of everyday transactions and encourage the use of the payment account.
Exchange Cashback: Users will also receive cashback in YNG on trading fees, which is designed to boost trading activity and increase platform interaction.
Each of these reward structures is designed to make YNG a central and valuable asset within our ecosystem. They fairly reward users while encouraging them to explore and use the platform’s full suite of features.
YNG Treasury
The YNG Treasury is a fundamental pillar of the token’s economic model, designed to ensure stability and support long-term growth. It will accumulate some fees generated from YNG reward-based platform activities and funds raised in upcoming sales stages. These funds will be strategically allocated to activate the stabilisation mechanisms described below, ensuring sufficient liquidity to maintain balance in the token market.
Additionally, the treasury will serve as a reserve to fund YNGdevelopment, marketing, and promotionalinitiatives, supporting the expansion of the ecosystem. Prudent management of treasury funds will sustain a long-term, balanced model, encouraging organic community growth and reinforcing YNG as a valuable asset for users. We are committed to maximum transparency in treasury fund use, providing periodic updates to allow the community to monitor and assess treasury operations.
Stability mechanisms
The economic model for YNG includes various mechanisms designed to stabilise and sustain the token in the long term. Our strategy seeks to balance YNG demand and supply dynamically, ensuring price stability and fostering communityengagement. Here are the primary tools to achieve this balance:
1. Club entry token rebalancing: This will be the first mechanism activated, with a start date announced after consulting Club members. The mechanism periodically adjusts the number of YNG tokens required for Club access based on price fluctuations. If YNG’s price rises compared to the previous period, the token requirement will decrease by 50% of the price increase. Conversely, if the price decreases, more tokens will be required without an additional 50% on the rise.
Example: If YNG’s price rises by 10%, the token requirement drops by 5%. If the price falls by 10%, the token requirement increases by 10%. This adjustment will start from the current entry requirements, based on the original listing price of €0.24, balancing accessibility with user commitment while rewarding early adopters who join Clubs before new features arrive.
2. Add Liquidity: The Add Liquidity function ensures two conditions are met before adding EUR and YNG tokens to the liquidity pool:
Monthly Budget: Ensures sufficient monthly treasury or revenue funds are allocated to liquidity.
YNG Availability in Treasury: Confirms the treasury holds enough YNG for liquidity addition.
When both conditions are satisfied, liquidity is added to the pool, helping to stabilise or boost liquidity and mitigate significant price fluctuations for YNG.
3. Buyback: The Buyback function is also regulated by the monthly budget, allowing the platform to purchase YNG from the market using treasury EUR. This reduces YNG’s circulating supply and supports its price. A buyback occurs only when adequate funds in the treasury cover the transaction amount, ensuring controlled management of YNG supply and price stability over time.
The coordinated implementation of these mechanisms is designed to ensure stable YNG liquidity, promote organic community growth, and support the ecosystem’s evolution. Our model is built around Club membership growth, retention rates, and market dynamics, which we will continuously monitor. Adjustments to rewards and stabilisation mechanisms will be made to maintain economic stability.
Roadmap to the Decentralised Market
Before delving into our roadmap, let’s take a moment to reflect on what we’ve achieved since Young Platform’s founding in 2018. Over the years, we’ve built a robust ecosystem for YNG, navigating regulatory challenges, earning our community’s trust, and setting the stage for a sustainable decentralised market. Each phase has been part of a well-defined strategy designed to stabilise the token, drive platform growth, and deliver real value to our users.
Phase 1: YNG Airdrop
Completed in June 2022, this phase marked the beginning of Young Platform products and the buy-sell availability of YNG at a fixed price of €0.24. The goal was establishing a stable foundation for YNG, adhering to regulatory requirements and building a solid platform for subsequent developments.
Phase 2: Community Market Pair
Currently underway, this phase introduced a proprietary Automated Market Maker (AMM), enabling the community to participate directly in a controlled and stable market environment. This phase has absorbed initial token sales and monitored user behaviour, creating a foundation for sustainable market management.
Phase 3: Engage to earn and decentralised transition
Scheduled for early 2025, Phase 3 will bring YNG into the decentralised market. This transition will coincide with the launch of our new reward structure, designed to incentivise user engagement and deepen community interaction.
Preparations for Decentralised Launch
To support Phase 3, we’ve outlined a series of preparatory steps to guide YNG into the decentralised market between Q4 2024 and Q1 2025:
Pre-TGE Buyback: This phase involves purchasing YNG tokens “on the market” to rebalance existing liquidity pools. The aim is to establish a strong price foundation for YNG before the official decentralised market launch. To simplify communication, we’re referring to the end of this launch campaign as the TGE (Token Generation Event) within our operational plan.
Private Sale: Select YNG tokens will be offered to venture capitalists, attracting strategic investors to support the project’s growth. Funds will bolster the treasury, finance development initiatives, and support buyback programmes. Private Sale participants will receive tokens on a structured vesting schedule over four years.
Suspension of YNG Trading on Young Platform and IDO Preparation: Before the IDO, YNG on Young Platform trading will be temporarily paused to facilitate a smooth transition to the decentralised market. During this stage, the IDO reference price will also be established.
IDO Sale: A portion of YNG tokens will be distributed through an IDO platform to increase the project’s visibility in the retail decentralised market. Funds raised will support liquidity management, contributing to token stability.
TGE and Decentralised Market Launch: This final stage will involve creating liquidity pools for YNG using decentralised protocols. Existing centralised pools will be migrated, and liquidity will be enhanced with funds raised in prior stages to ensure a strong foundation at launch. This step will consolidate YNG’s presence in the market, encouraging sustainable growth and greater accessibility.
That’s all for now—stay tuned on our channels!
The services offered, and the YNG token are and will remain available in compliance with applicable regulations, particularly the Markets in Crypto-Assets (MiCA) framework. We are committed to ensuring that every aspect of the project aligns with regulatory requirements, fostering a transparent and responsible approach towards our community and investors. Additionally, the company reserves the right to modify the services and YNG token features outlined in this document in response to regulatory developments and/or market conditions. Any updates will be communicated promptly to keep all users informed.
Get ready for an unforgettable adventure because we’re about to elevate your cultural experiences to a new level.
Say goodbye to the hassle of choosing between endless options, wasting time at ticket counters, or standing in long lines. And no more worrying about losing money if you change your mind at the last minute—this new perk makes exploring culture simple, quick, and risk-free!
Introducing Tiqets, the platform that lets you discover museums and attractions around the globe with no queues. From aquatic activities in Dubai to distilleries in Dublin, stadiums in London, and day trips in Las Vegas, not to mention the Vatican Museums—there’s something for everyone!
Whether you’re an art lover or an adrenaline junkie, Tiqets lets you book tickets to the world’s top attractions with just a click, avoiding long lines and keeping everything conveniently on your smartphone. And of course, we’ve prepared an exclusive benefit for Club members, but that’s not all!
What is Tiqets?
If you haven’t heard of Tiqets, you’re in for a treat. Tiqets is an online booking platform that opens the doors to the world’s most incredible museums and attractions. From New York to Tokyo, with stops in Rome and Paris, Tiqets connects you to global culture in the easiest, most stress-free way.
100% Flexibility: Change of plans? No problem! With Tiqets, you can cancel reservations up to 24 hours before entry for most attractions.
Stress-Free Bookings: No hassle, no lines. Book with ease and get everything straight to your phone.
Unique Experiences: From iconic attractions to the world’s best museums, Tiqets offers only the best.
Special Perks for Club Members
Here’s the exciting part: if you’re a member of our Club, you get a special discount on 10 orders. Yes, you read that right—not just 10 tickets, but 10 complete orders! Every time you book for yourself, friends, or family, you’ll enjoy a discount on every ticket in that order.
Here are the details:
BRONZE and SILVER Members: 10% discount
GOLD and PLATINUM Members: 12% discount
This discount is available without a minimum spend and without discount limits, as it can be combined with other promotions available on the website.
Tiqets for the Community
We’ve created something special for all Young Platform Community members: a 5% discount without order limits. Like with the Clubs, the discount will apply to all tickets in any purchase. Copy and paste the code YOUTIQ5 at checkout!
Please note: read the next paragraph carefully to apply the discount correctly, and remember that it’s valid until December 31, 2025.
The coupon can be used up to 10 times (10 transactions), with no minimum spend or discount limits.
The offer can be combined with other promotions on the site.
The discount is not valid on Tiqets Packages or Bundles (which include multiple individual products).
Coupons are non-transferable and cannot be converted into cash or used on previous purchases.
If you need assistance during booking, check the dedicated page: Tiqets Support.
What are you waiting for? Don’t miss out on this unique opportunity to explore the world’s cultural wonders while saving money and avoiding stress. Check out their Instagram for more ideas on how to turn your free time into unforgettable adventures: @Tiqets on Instagram.
Get ready to travel, explore, and have fun like never before!
Earn new tokens with Ethereum, Cosmos, Celestia and Solana Staking.
Young Platform brings back one of its users’ favourite features: staking. With a wholly renewed approach designed to meet everyone’s needs, staking is once again one of the simplest and most effective ways to earnnewcryptocurrencies effortlessly. Whether you are a seasoned investor or a beginner just stepping into crypto, this is your chance to put your assets to work and maximise your returns.
Discover all the new staking features on Young Platform, and get ready to see your assets work for you!
Staking on Young Platform is straightforward. You can stake your cryptocurrencies to earn rewards without the complexities of decentralised protocols. The platform guides you step by step, and you don’t need significant capital to start: with a minimum of around €50, you can activate your stake and generate rewards.
Staking on Ethereum
Young Platform offers liquid staking for Ethereum (ETH)through the provider Lido. This approach allows you to earn new coins as rewards from the day after activation. Rewards are calculated as APY (annual percentage yield) and are credited daily, helping you see your balance grow day by day.
Staking on Solana
Young Platform offers an additional opportunity to use your cryptocurrencies with Proof of Stake for Solana (SOL). With this method, your SOL will support the blockchain network, and you’ll receive rewards every three days for your contribution.
Staking on Celestia and Cosmos
Young Platform provides another opportunity to make your cryptocurrencies work for you with Proof of Stake for Cosmos (ATOM) and Celestia (TIA), through a partnership with the provider Kiln.
Recurring Staking
Recurring staking, combined with recurring purchases, is a smart strategy for those with a long-term approach. While staking allows you to earn rewards passively by locking your assets, recurring purchases let you gradually accumulate cryptocurrencies, reducing the impact of volatility through Dollar Cost Averaging. Together, these two options create a synergistic effect: you increase your holdings over time and maximize returns with staking rewards, all without constantly monitoring the market. This approach combines financial discipline with long-term growth, making it ideal for building a robust and rewarding portfolio.
Exclusive benefits for Young Platform club members
For Young Platform Club members, staking becomes even more rewarding. In addition to the standard rewards in ETH or SOL, Club members also receive a bonus in Young (YNG) tokens. This means that for every stake activated, you receive not only the usual rewards but also an additional quantity of tokens, helping you maximise the value of your portfolio.
Don’t wait: the new staking on Young Platform is here, ready to help you grow your crypto easily and profitably.
Young Platform reopens its Staking functionality: here are all the updates
Young Platform is bringing back one of its most beloved features: staking. Completely revamped with new characteristics and advantages, staking remains one of the easiest ways to make your cryptocurrency holdings grow. Let’s explore the updates together!
Imagine you have a stash of cryptocurrencies. Generally, the value of these holdings doesn’t grow unless you delve into complex trading strategies, which require constant monitoring and can be quite stressful.
In other words, beyond just waiting for market prices to rise, it’s strategic to increase the number of tokens you hold. You could do this through trading or savings schemes, but there’s also a simpler way: staking. Staking allows you to increase the number of tokens in your wallet without selling your assets. This isn’t magic; it’s an inherent feature of how some blockchains work.
Staking exploded in popularity in 2020, particularly in decentralised finance (DeFi), because it offers a relatively simple way to earn cryptocurrency rewards.
Staking is linked to Proof of Stake (PoS) consensus protocols. Forget the powerful miners, costly hardware, and hefty electricity bills to “mine” new coins. With staking, you only need to “lock” your cryptocurrencies within a network and start receiving rewards.
How does Staking work?
Staking transforms the mere possession of cryptocurrencies into something more active and participatory. It’s a way to contribute to the security and efficiency of a blockchain network—and in return, you get rewarded.
Blockchain networks that use the proof-of-stake (PoS) consensus mechanism select validators from those who have staked their cryptocurrencies. These validators are responsible for verifying and confirming transactions and creating new blocks in the blockchain.
In exchange for their contribution, the network rewards these validators with newly minted coins as an incentive to participate and behave honestly. The system generates these coins as part of its protocol, similar to how miners earn cryptocurrency rewards in proof-of-work (PoW) blockchains. This process keeps the network decentralised and secure and distributes new tokens, encouraging active participation.
Staking protocols aren’t always user-friendly. Most DeFi platforms require technical knowledge, and navigating the maze of decentralised protocols can be challenging for those unfamiliar with the sector. Some centralised exchanges, like Young Platform, have developed solutions that make staking simple and accessible.
Lower budget requirements
The high minimum deposit requirement is one of the biggest obstacles to direct staking. For example, with Ethereum, one of the leading cryptocurrencies, staking directly on the Ethereum network requires a minimum of 32 ETH. With the current price of ETH around €2,000, that’s an initial deposit of approximately €64,000—not exactly pocket change.
This is where centralised and decentralised platforms come in. With services like those offered by Young Platform, you can start staking with a minimum of about €50 at current rates, making staking accessible for those with significant capital and those looking to start with a more modest amount.
Flexibility
You can cancel your staking at any time, provided that the platform allows it, giving you the freedom to manage your cryptocurrencies as you see fit.
Staking on Young Platform
Young Platform offers two types of staking: Liquid Staking and Proof of Stake, which can be used simultaneously. This allows you to diversify your portfolio and maximise reward opportunities across multiple blockchain networks.
Rewards are calculated through the APY (Annual Percentage Yield), which represents the net annual return. The APY shows the percentage of new tokens you can accumulate over 12 months, which is gross of the applied fees.
You can also create multiple stakes on available cryptocurrencies. You can create a new stake whenever you purchase or deposit new cryptocurrencies. In the “Stake History” section of the platform, you can track all the details: rewards generated, time elapsed since each stake was activated, and their value in euros.
When you create a new stake, you can see potential rewards and their equivalentvalue at the current price. This tool allows you to perform simulations and estimates, helping you plan your actions to meet your long-term goals.
Liquid Staking – Ethereum (ETH)
Liquid Staking allows you to stake your tokens while maintaining liquidity, making it ideal for those seeking greater agility. On Young Platform, this option is available for Ethereum (ETH)through the provider Lido.
With Lido, staking is managed directly on behalf of the user. Lido handles the staking, manages nodes, and distributes rewards. This process adheres to network activation and deactivation queues, ensuring that users can participate without having to directly manage nodes.
Asset: Ethereum (ETH)
Provider: Lido
APY: Lido provides the APY, which is calculated as an average over the last 30 days. The displayed APY is the gross of the applied fees.
Reward Currency: ETH
Compound Interest: Rewards are automatically reinvested into staking, increasing your total balance over time.
Minimum Amount: 0.02 ETH (use the Ethereum Converter to calculate the current value)
First Reward Credit: Approximately 1 day. This timing may vary depending on network conditions.
Reward Credit Frequency: Rewards are credited daily.
Thanks to Liquid Staking with Lido, you don’t need to worry about the complexities of node management. Lido takes care of everything, from managing nodes to distributing rewards, allowing you to participate in Ethereum staking without technical barriers. Moreover, you benefit from compound interest, which grows your balance over time.
Compound interest in staking works like a snowball effect: the longer you keep your cryptocurrencies staked, the greater the potential rewards accumulated. This approach rewards patience and consistency, making staking not only a strategy for immediate rewards but also a method to steadily increaseyour portfolio’s value over time.
However, it’s important to remember that past returns do not guarantee future results, and the value of cryptocurrencies and staking rewards can fluctuate.
Proof of Stake – Solana (SOL)
Proof of Stake (PoS) on Young Platform will soon be available for Solana (SOL) through the provider Fireblocks. This model selects validators based on the amount of tokens locked in the network. The more tokens you lock, the higher your chances of being selected as a validator and earning rewards.
Asset: Solana (SOL)
Provider: Fireblocks
APY: The APY is the rate the network recognises for validators at that moment. The displayed APY is the gross of the applied fees.
Reward Currency: SOL
Compound Interest: Rewards are automatically reinvested into staking, increasing your total balance over time.
Minimum Amount: 0.3 SOL (use the Solana Converter to calculate the current value)
First Reward Credit: Approximately 4 days
Reward Credit Frequency: Rewards are credited every 2-3 days, depending on network conditions.
The network distributes the rewards for Solana at the end of each “epoch.” An epoch lasts, on average, about 2.5 days, which is 60 hours. However, this period is not fixed and can vary depending on the state of the blockchain. For example, if the network is congested, the duration of an epoch may be longer. In any case, the minimum duration is 60 hours.
It is important to note that you must wait for two epochs to receive the first reward after staking SOL. This means it takes at least 96 hours (4 days) to receive the first reward.
Solana’s Proof of Stake is ideal for those who prefer a more traditional staking option. Unlike liquid staking, rewards here do not take advantage of compound interest, but you can still accumulate new SOL by actively participating in the network.
Proof of Stake – Cosmos (ATOM)
Thanks to the collaboration with the provider Kiln, the Proof of Stake (PoS) on Young Platform is available for Cosmos (ATOM). This system allows you to actively contribute to the security of the blockchain network by staking your ATOM and automatically earning periodic rewards.
Asset: Cosmos (ATOM)
Provider: Kiln
APY: Approximately 18%. The annual percentage yield (APY) corresponds to the rate at which the network grants validators at that specific moment. The APY is also gross of the applicable fees.
Reward currency: ATOM
Compound interest: Rewards are automatically reinvested into staking, increasing your total balance over time.
Minimum amount: 10 ATOM
First reward credit: 1 day
Reward frequency: 1 day
Proof of Stake – Celestia (TIA)
Young Platform also offers Proof of Stake (PoS) for Celestia (TIA) in collaboration with the provider Kiln. With this system, you can put your TIA to work to support the blockchain network and earn rewards simply and automatically.
Asset: Celestia (TIA)
Provider: Kiln
APY: Approximately 9%
Reward currency: TIA
Compound interest: Rewards are automatically reinvested into staking, increasing your total balance over time.
Minimum amount: 10 TIA
First reward credit: 1 day
Reward frequency: 1 day
Extra benefits for Young Platform Club members
For members of a Young Platform Club, an exciting new feature makes staking even more advantageous. Alongside receiving rewards in the cryptocurrency you’ve staked, like Ethereum (ETH), you’re also entitled to an additional APY in YNG tokens. This means you will receive the cryptocurrency you staked and a second reward in YNG tokens for every stake activated.
This dual benefit furthers the value of your portfolio, ensuring greater diversification and potentially better results over time. Club members can thus maximise staking returns, taking advantage of rewards in two different assets with each operation.
Ready to Take Action?
Check out the guide for activating staking on Young Platform and start putting your crypto to work today!
Staking, like any operation involving cryptocurrencies, comes with risks. The value of cryptocurrencies can fluctuate, and staking rewards are not guaranteed. Past returns do not indicate future outcomes and staking rewards can vary depending on factors such as the specific cryptocurrency protocol, the number of validators, and market conditions. It’s crucial to conduct thorough research and fully understand staking mechanisms before proceeding. Young Platform is committed to providing clear and transparent information but cannot be held responsible for any losses or damages resulting from the use of staking services. Users acknowledge that potential risks and/or attacks on one or more blockchain
Learn how to activate on-chain staking and earn new cryptocurrencies as rewards automatically and regularly.
What is Staking?
Staking allows cryptocurrency holders to participateactively in a blockchain network by “locking up” a portion of their assets for a certain period in exchange for rewards. Simply put, by staking, you’re contributing your crypto to support the network’s functionality and security, and you earn new crypto in return.
In staking, the right to validate transactions is linked to the number of coins “locked” in a wallet. Like mining in Proof of Work (PoW), stakes are rewarded for verifying transactions or finding new blocks. This reward is paid in the form of new tokens.
Note: Staked assets cannot be traded or used for buy/sell orders during the staking period, as they are locked on the blockchain.
Why does staking offer rewards?
Staking rewards come from the consensus mechanism of specific blockchains, such as Proof of Stake (PoS). By staking, you help validate transactions and maintain the network’s security, ensuring its decentralised and secure operation. In return, you earn new tokens, depending on how much you stake and how long it’s locked.
Note:
The more tokens you stake, the greater the rewards.
The longer you stake, the higher the rewards.
Staking on Young Platform
Young Platform offers two types of staking:
Liquid Staking on Ethereum (ETH)
Proof of Stake on Solana (SOL), Cosmos (ATOM) e Celestia (TIA)
Ease of Use: Young Platform’s centralized platform provides a simple staking experience, making DeFi accessible even to those unfamiliar with the space.
Convenience: Easily stake your idle assets and receive new tokens proportional to the staked amount.
Regular Payments: Earn rewards according to the blockchain protocol.
Flexibility: Closing your stake at any time after activation.
Security: Young Platform uses industry-leading providers to ensure safety.
Minimum and Maximum Staking Amounts
Ethereum (ETH): Minimum 0.02 ETH; Maximum 3 ETH per single stake.
Solana (SOL): Minimum 0.3 SOL; Maximum 75 SOL per single stake.
Cosmos (ATOM): Minimum 10 ATOM; Maximum 1000 ATOM per single stake.
Celestia (TIA) Minimum 10 TIA; Maximum 1000 TIA per single stake.
Total Maximum Amounts
Ethereum (ETH). Total quantity maximum in stake 300 ETH
Solana (SOL). Total quantity maximum in stake 4500 SOL
Cosmos (ATOM).Total quantity maximum in stake: 10.000 ATOM
Celestia (TIA). Total quantity maximum in stake: 10.000 TIA
For larger amounts, you can create multiple stakes of the same cryptocurrency.
Use the converters below to see the equivalent value in Euros:
You need a minimum amount of crypto to activate staking. Here’s how:
Deposit funds to your account via bank transfer or card (read the guide).
From the homepage, click “Buy”.
Select Ethereum or Solana.
Enter the amount.
Click “Continue” to complete the purchase.
Note: You can stake a single coin or multiple coins simultaneously.
Step 2: Choose Staking
Access the “Staking” section from the homepage. Alternatively, enter the dedicated section for these cryptocurrencies from the SOL, COSMOS, TIA or ETH Market Page or your wallet.
Select the type of staking: Proof of Stake or Liquid Staking. If the cryptocurrency supports both types, you can activate both.
Understand the APY (Annual Percentage Yield): You’ll see an APY figure representing the potential yearly yield during the selection. It’s an average of the last 30 days (for Ethereum) or that recognised by the network at that precise moment (for Solana, Cosmos, Celestia) and may vary depending on market conditions. Therefore, this value may vary over time. The APY is shown after the applicable fees.
Note: Rewards are credited to the staked cryptocurrency. E.g., if you stake ETH, you earn new ETH tokens.
Step 3: Activate Staking
After selecting the type of staking, you’ll see its details, including:
Club Reward: Members of our Club receive extra rewards in YNG tokens.
Activation Time: The time required for staking to go live on-chain after creation. During this period, no rewards are earned.
Reward Credit: Frequency of rewards and whether they’re compounded automatically.
Closing Time: The time needed to unlock your assets and transfer them back to your main wallet upon stake closure.
Note: Each protocol has a different structure and staking mechanism. These protocols are maintained and supported by various third-party projects that are distinct and separate from Young Platform
Step 4: Insert Amount
Read the information sheet and enter the amount of crypto you want to stake. Remember to check the minimum required for each coin. Thanks to the euro equivalent displayed, you’ll know exactly how much you’re staking in traditional currency.
Once confirmed, review the summary and finalise.
Note: The euro value of the rewards is calculated by applying the APY to the staked amount. However, this is only an estimate—actual rewards may vary due to market conditions and the network status.
Monitoring your staked assets
Once activated, monitor your stakes in the Active Staking section. You can also view the stake’s history, current status, and any earned rewards. Possible states include:
ACTIVATION: Staking is being activated on the blockchain.
ACTIVE: Staking is live, and you’re earning rewards.
CLOSING: You’ve requested to close the stake; the assets are unlocking.
CLOSED: Staking is fully closed, and rewards are no longer earned.
In this summary screen, you’ll also see:
Staking Reward: the total new crypto you have received as a reward.
Club Reward: YNG tokens earned.
History: Includes creation date, activation date, first reward date, and more.
Rewards begin accruing only after the validator activates and processes staking. If you withdraw early, rewards may not be paid. Rewards are based on estimated validator earnings, which are the gross of the Young Platform’s fees.
Young Platform does not guarantee specific rates or returns. The first reward might take longer due to activation time and validator performance.
