XP Gain Rate refers to the speed at which a user earns experience points (XP) through their activities within a particular platform or ecosystem. This is commonly found in games or applications where users can engage in tasks, transactions, or trading to accumulate XP.Typically, a higher XP Gain Rate allows users to progress more quickly, unlocking features, rewards, or levels faster. Different activities may have varying rates, incentivizing users to participate in those that yield more XP.In many cases, the XP Gain Rate can be influenced by factors such as the type of transaction, the amount involved, or specific events that provide bonus XP. Users often track this rate to strategize their engagement, aiming to maximize their rewards over time.Understanding the XP Gain Rate can enhance user experience and engagement, making participation more rewarding and enjoyable. Overall, it serves as a motivating factor for users to interact with the platform actively and frequently.
Bit Digital Acquires 31,057 ETH Through $150M Convertible Notes Offering
Bit Digital Inc. (Nasdaq: BTBT) has purchased 31,057 Ether (ETH) using proceeds from its recently completed $150 million convertible notes