Phemex launches on-chain earnings functionality to simplify the pledge process and improve funding efficiency

Phemex launched On-chain Earn, a staking service that integrates PoS rewards directly on its platform, allowing users to earn great gains from assets such as ETH and SOL without an external wallet. The service has an exclusive ETH pool that offers wstETH rewards, Mellow Points and Symbiotic Points (can be used for redemption airdrops). CEO Federico Variola highlights simplified funding efficiency and unified account management, and plans to expand to more networks in the future.