- KuCoin has launched a $200,000 staking rewards marketing campaign for CATI holders by way of the Catizen Telegram Bot.
- From September 14th to twenty fourth, customers can stake CATI tokens to earn KuCoin's native token (KCS).
- The staking mechanism offers a straightforward solution to develop your KCS holdings whereas collaborating within the Catizen ecosystem.
Distinguished cryptocurrency change KuCoin has opened up new reward alternatives for its customers by the Catizen Telegram Bot, permitting them to earn a complete of $200,000 in KCS. In an announcement, KuCoin mentioned that beginning as we speak, September 14, customers can now stake CATI tokens to earn KuCoin's native token (KCS).
Based on the announcement, the staking marketing campaign is open to all CATI holders who need to develop their KCS holdings whereas collaborating within the Catizen ecosystem. Study extra about “Find out how to Stake Catizen (CATI) and Earn KCS with Catizen Telegram Bot” on KuCoin Study right here.
For these unfamiliar, Catizen is a GameFi app throughout the TON ecosystem. The crew not too long ago launched a staking characteristic that enables market members to lock up CATI tokens and obtain KCS rewards. This staking mechanism makes it simple to earn KCS with out actively buying and selling.
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To take part on this staking marketing campaign, customers must open the Catizen Telegram Bot, discover the airdrop icon, go to the staking part, and choose the CATI token staking choice. It is very important word that an account can solely stake 1,000 CATI. As soon as tokens are staked, they are going to be locked in the course of the marketing campaign (September 14th to twenty fourth).
Rewards are calculated primarily based on the quantity of CATI staked and the dimensions of the general pool, and are distributed proportionally amongst members: the extra CATI tokens a consumer stakes, the better the potential earnings they will earn in KCS.
Other than staking rewards on the Catizen Telegram Bot, customers have a further incentive to withdraw their CATI tokens to KuCoin.
Each KuCoin and Catizen emphasize the significance of safety when collaborating in staking actions. Customers are inspired to allow two-factor authentication (2FA) on their accounts and carefully monitor their staking progress. Correct safety measures assist be certain that all transactions and rewards are safe and precisely mirrored.
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