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SafePal launches TRX new staking yield product with an APY of up to 10%
BlockBeats message. On March 31, according to official information, the Web3 wallet brand SafePal announced that, starting immediately, it would roll out a TRX flexible savings and staking wealth-management feature to 30 million global users on the platform, with an expected annualized return as high as 10%. The returns come from real on-chain activity, such as TRON Super Representative (SR) voting rewards, as well as rental income obtained by renting out the TRON Energy generated from staking to USDT-TRC20 users. All sources of returns are supported by real on-chain demand and do not rely on any TRX token issuance.
This feature is natively integrated within the SafePal App. Users do not need to jump to any third-party platform to complete staking. SafePal hardware wallet users can enjoy even higher levels of security assurance: each staking transaction must be confirmed physically by the device before it can be executed, with private keys kept fully offline in cold storage within a secure chip, and asset ownership and sovereignty fully controlled by users. Starting immediately, users can view this feature update and participate in TRX staking wealth-management in the SafePal Earn section.