Distinguished crypto trade KuCoin has opened a brand new reward alternative for customers by the Catizen Telegram Bot, with a complete of $200,000 KCS obtainable. In an announcement, KuCoin famous that customers can now stake CATI tokens to earn KuCoin’s native token (KCS) beginning as we speak, September 14.
🚨 BIG NEWS, FAM!
Stake $CATI on @CatizenAI & declare a share of MASSIVE $200,000 prize pool! 💰🐾
⏳ Interval: 10:00 AM on September 14 ~ September 24, 2024 (UTC)
💸 Cap: 1,000 $CATI per pool/account
🏆 Rewards: Declare $KCS through KuCoin with unbelievable return!Do not miss these… pic.twitter.com/LXFSQpbQEx
— KuCoin (@kucoincom) September 13, 2024
The announcement states that this staking marketing campaign is open to all CATI holders who wish to develop their KCS holdings whereas taking part within the Catizen ecosystem. Test right here for extra particulars on “Learn how to Stake Catizen (CATI) to Earn KCS on the Catizen Telegram Bot” on KuCoin Study!
For these unfamiliar, Catizen is a GameFi app inside the TON ecosystem. The staff not too long ago launched a staking function that lets market contributors lock up their CATI tokens in return for rewards in KCS. The staking mechanism presents a simple approach to earn KCS with out energetic buying and selling.
How It Works
To take part on this staking marketing campaign, customers should open the Catizen Telegram Bot, find the Airdrop icon, navigate to the staking part, and select the stake CATI tokens possibility. Notably, an account can solely stake 1,000 CATI. As soon as tokens are staked, they’re locked all through the marketing campaign, which is from September 14 to 24.
Rewards are calculated based mostly on the quantity of CATI staked and the general pool dimension, permitting for proportionate distribution amongst contributors. The extra CATI tokens a consumer stakes, the higher their potential earnings in KCS.
Other than the staking rewards on the Catizen Telegram Bot, customers have a further incentive to withdraw their CATI tokens to KuCoin.
KuCoin and Catizen each emphasize the significance of safety when taking part in staking actions. Customers are suggested to allow two-factor authentication (2FA) on their accounts and to observe their staking progress carefully. Correct safety measures assist make sure that all transactions and rewards are secure and precisely mirrored.
Disclaimer: The knowledge offered on this article is for informational and academic functions solely. The article doesn’t represent monetary recommendation or recommendation of any variety. Coin Version will not be liable for any losses incurred on account of the utilization of content material, merchandise, or companies talked about. Readers are suggested to train warning earlier than taking any motion associated to the corporate.