[Digital Today reporter Seulgi Son] Digital asset exchange Bithumb has rebranded its staking service, changing it to “Earn Coin Interest.”

A Bithumb notice dated the 6th said “Bithumb Staking” has been renamed “Earn Coin Interest (staking).” Bithumb described it as a “staking service that allows trading and deposits and withdrawals, with interest automatically accumulated.”

Bithumb also said reward rates for flexible products have increased by up to 168 percent. The figure is the rate of increase versus before and is the maximum annualised figure for a specific coin (Cosmos·ATOM) at a specific point in time. It said flexible reward rates may vary depending on the staking allocation ratio, the level of network rewards and service operating policies.

Bithumb is currently listing annual reward rates of around 1 to 3 percent, including 1.86 percent for Injective (INJ), 3.09 percent for Tron (TRX), 0.64 percent for Ethereum (ETH), 1.58 percent for Kaia (KAIA), 1.21 percent for Solana (SOL), 0.53 percent for Ada (ADA), 1.20 percent for Polkadot (DOT), 0.26 percent for Qtum (QTUM) and 3.86 percent for Cosmos (ATOM).

Upbit and Coinone are also operating staking services, a trend of building them into representative income-generating add-on services.