Cloud Earning PHT Staking Live Now

FoneBlockchain
2 min readSep 4, 2020

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Hello Everyone,

An amazing update of the Cloud Earning PHT app is available on Google Play (v 1.2.0): https://play.google.com/store/apps/details?id=com.cloud.earning

We are excited to announce that a highly anticipated feature has just been integrated.

Introducing Staking!

In addition to the weekly earnings, you can now earn up to an additional 5% interest per month on any PHT that you stake in the app. Rewards will be paid out on a monthly basis, so make sure to Claim your rewards at the end of each 30-day period.

Staking interest rates will be as follows:

< 400K PHT — 1% Interest
400K to 800K — 2% Interest
800K to 1.2M — 3% Interest
1.2M to 1.6M — 4% Interest
1.6M and up — 5% Interest

The maximum amount of PHT that a normal user can lock-up for staking is 2 Million PHT, while VIPs will be able to stake up to 4 Million PHT at once.

To get started, tap on the “Stake PHT” button in the center of the main screen within the Cloud Earning app, and enter the amount of PHT you would like to lock up for staking! Once you do this, you will see your daily, weekly, and monthly returns calculated for the amount that you have staked.

If you would like to deposit PHT to your Cloud Earning account balance, please send an email to support@phoneum.io requesting deposit instructions, and we will guide you.

Make sure to tell all of your friends about the new way to earn PHT!

Stay tuned for more exciting updates in the near future!

Happy Earning and Staking!

The Phoneum Team

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FoneBlockchain
FoneBlockchain

Written by FoneBlockchain

Fone is a decentralized cryptocurrency, that operates on mobile devices via app ONLY. For more information, please visit our website: https://fone.dev/

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