Mars Finance News: Bybit users can now access on-chain earning and Bybit Savings products via API, with API extensions for other yield products also in progress. This new feature unlocks the ability for institutional users and developers to seamlessly connect to Bybit infrastructure, enabling them to manage yields more efficiently, automatically, and scalably, and generate strategies effectively. Bybit's on-chain earning products aim to help users participate in on-chain financial opportunities (such as staking and liquidity protocols), providing users with a DeFi-like experience without the need for complex technical operations to interact with smart contracts on public chains. Key features: - Current available on-chain earning product overview, supporting filtering by token and product category (LST, non-LST, or Mint). - Detailed product data, including estimated Annual Percentage Yield (APY), staking terms, redemption timeline, minimum and maximum limits, exchange rates, and reward distribution mechanisms. - Historical and real-time staking and redemption tracking. - Summary of current positions and cumulative rewards. - Programmatic access to yield products for each supported mechanism, supporting subscription and redemption.
Bybit launches API to seamlessly connect on-chain coin earning and savings services
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