Coins.ph Offers 7% APY on WEMIX Through April 26
Coins.ph is paying 7% annual yield on WEMIX tokens held in user wallets through April 26. Users can earn rewards on up to 2,500 WEMIX with a minimum purchase of 50 tokens.
Key Takeaway
Coins.ph caps rewards at 2,500 WEMIX per user, limiting upside for larger holders.
Coins.ph launched a staking promotion that pays users for holding WEMIX tokens in their wallets through April 26.
The program offers 7% annual percentage yield on holdings up to 2,500 WEMIX, calculated weekly from Monday through Sunday. Users who buy at least 50 WEMIX and leave them untouched qualify for rewards distributed the following week. Entry timing matters — someone who buys Monday and holds through Sunday earns 3.36 WEMIX on a full 2,500 token balance, while a Sunday entry earns just 0.48 WEMIX for one day of holding.
Any withdrawal, transfer, or conversion during the holding period cuts or eliminates rewards entirely. Coins.ph calculates payouts based on average daily balance during each weekly cycle, meaning users who sell halfway through the week get proportionally less. Only KYC-verified individual accounts qualify — the platform bars institutional and business accounts from participation.
WEMIX is a gaming-focused blockchain built by South Korean game developer WEMADE, the studio behind The Legend of Mir franchise. The platform runs on a hybrid proof-of-stake consensus mechanism designed for fast transactions in gaming environments. WEMADE launched MIR4, a blockchain-integrated MMORPG, to over 170 countries in 2021, pioneering the play-to-earn model where in-game assets convert to tradable NFTs.
Coins.ph reserves the right to disqualify users engaged in wash trading, bulk account registration, or market manipulation. The platform can also cancel or modify reward rates and eligible tokens at any time without notice. Rewards get credited directly to user wallets in WEMIX tokens after validation each week, with the final distribution occurring the week after April 26.
