Bithumb Launches Story Token Staking With 200 Million Won Reward Pool

According to Bithumb, its flexible staking product for Story (IP) expands the exchange’s supported staking lineup to 15 assets, with a promotional reward event scheduled for April 21 to 27.

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Summary

Bithumb officially announced a flexible staking product for Story (IP), the native token of the Story protocol. According to the exchange’s official statement, Bithumb now supports staking for 15 assets including ETH, SOL, TRX, and IP. The promotional incentive event for Story staking will run from April 21 to 27 and offers a total reward pool of 200 million won. Bithumb said Story’s IP token is used for onchain IP registration, programmable licensing, and automated revenue distribution for AI content.

Terms & Concepts
  • Staking: Locking cryptocurrency in a supported product or network to earn rewards over time.
  • Story (IP): The native token of the Story protocol, used in a blockchain-based system for intellectual property registration, licensing, and revenue distribution.
  • Programmable licensing: A licensing framework that can be executed or managed automatically through blockchain-based rules or smart contract logic.