Bitget and Merkl Plan Dividends for Eligible rToken Holders in Supported DeFi Protocols
Photo: TokenPost
Bitget announced Friday a partnership between its tokenized U.S. stock protocol Reality and DeFi rewards platform Merkl to identify eligible rToken holders for dividend distributions when tokens are used in supported DeFi protocols. The planned distributions would be made in stablecoins under applicable rules. Intended uses include lending, liquidity pools and staking. The announcement did not give a launch date or identify which rTokens or protocols would qualify. Merkl CEO and co-founder Pablo Veyrat described identifying the actual holder behind a DeFi position as a challenge.
Source: TokenPost
