Odaily Planet News: According to official sources, BitMEX announced a major upgrade to its BMEX token ecosystem, introducing higher staking rewards, lower trading fees, and expanded token utility, aimed at providing greater value and flexibility for traders on the platform. The latest BMEX updates include: - Increased staking rewards - Users can now earn up to 7.5% yield by staking BMEX, a 50% increase from previous rates; - Reduced trading fees - BMEX holders can enjoy up to 70% trading fee discounts; - Easier access to preferential fee tiers - More traders can now obtain fee reductions and additional benefits. BitMEX CEO Stephan Lutz stated: "The BMEX token is the cornerstone of our ecosystem, and the expansion of BMEX functionality reflects our ongoing commitment to rewarding users. By increasing staking rewards, lowering preferential fee thresholds, and introducing new token incentive measures, we provide traders with more opportunities to optimize their trading experience." As the native functional token of the BitMEX exchange, BMEX aims to drive traders' wealth growth through staking rewards, trading fee discounts, withdrawal fee refunds, and exclusive privileges. BitMEX's monthly token burning plan further enhances the token's value, driving long-term demand and ecosystem growth.