Distinguished crypto trade KuCoin has opened a brand new reward alternative for customers via 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 need to develop their KCS holdings whereas taking part within the Catizen ecosystem. Verify right here for extra particulars on “The way to Stake Catizen (CATI) to Earn KCS on the Catizen Telegram Bot” on KuCoin Be taught!
For these unfamiliar, Catizen is a GameFi app inside the TON ecosystem. The workforce not too long ago launched a staking characteristic that lets market individuals lock up their CATI tokens in return for rewards in KCS. The staking mechanism affords an easy option to earn KCS with out lively 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 during 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 measurement, permitting for proportionate distribution amongst individuals. The extra CATI tokens a person stakes, the higher their potential earnings in KCS.
Other than the staking rewards on the Catizen Telegram Bot, customers have an extra 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 watch their staking progress carefully. Correct safety measures assist make sure that all transactions and rewards are secure and precisely mirrored.
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