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Huobi Wallet Launches One-Click Function For Claiming Staking Rewards Across Multiple dApps And Networks

The new feature HClaimer will support DeFi projects on HECO and more chains

Huobi Wallet, the professional, multi-chain light wallet of the Huobi ecosystem, announced the launch of HClaimer, a new feature that will enable users to collect their staking rewards from DeFi projects across multiple chains in one click. HClaimer will be the first feature of its kind to be available through a digital asset wallet.

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Obtaining staking rewards through digital wallets is typically a multi-step process. Users have to log in to a website, find a project’s specific capital pool, collect the staking rewards, and then repeat the same steps if they have staked digital assets in more than one project. The result is a time-consuming, inconvenient experience that not only frustrates existing investors but deters potential users from investing in a range of promising DeFi projects and products. To address this issue, Huobi Wallet created a single solution that obtains rewards from various decentralized apps (dApps) on multiple chains, all of which have different operating systems for collecting staking rewards.

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At launch, HClaimer will support 18 DeFi projects on Huobi Eco Chain (HECO), including Coinwind, MDEX, Filda, and BXH. More DeFi projects on mainstreamed chains are expected to be supported within three months as Huobi Wallet plans to expand support of dApps.

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“Our research and development team has worked diligently to obtain feedback from our customers, build out the infrastructure for HClaimer, and ultimately bring this product to our users,” said Liser Lee, Lead of Huobi Wallet. “We hope that this small step forward can drive other players in the industry to develop new functions and upgrade their products in this direction, so we can all provide the best user experience possible.”

The release of HClaimer comes on the heels of several developments for Huobi Wallet as it seeks to create the best possible user experience. Recently, the Huobi Wallet app was upgraded to better support DeFi solutions and expanded support for the layer 2 scaling solution Polygon to enable users to create and import their Polygon addresses through Huobi Wallet and access decentralized apps (dApps) on the Polygon network.

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