KuCoin Rolls Out $200K Reward Program for Staking CATI and Incomes KCS

• KuCoin launches a $200,000 staking reward marketing campaign for CATI holders via the Catizen Telegram Bot.
• Customers can stake CATI tokens to earn KuCoin’s native token (KCS) from September 14 to 24.
• The staking mechanism provides a easy strategy to enhance KCS holdings whereas collaborating within the Catizen ecosystem.

Distinguished crypto change KuCoin has opened a brand new reward alternative for customers via the Catizen Telegram Bot, with a complete of $200,000 KCS out there. In an announcement, KuCoin famous that customers can now stake CATI tokens to earn KuCoin’s native token (KCS) beginning at the moment, September 14.

The announcement states that this staking marketing campaign is open to all CATI holders who need to develop their KCS holdings whereas collaborating within the Catizen ecosystem. Test right here for extra particulars on “How one can Stake Catizen (CATI) to Earn KCS on the Catizen Telegram Bot” on KuCoin Be taught!

For these unfamiliar, Catizen is a GameFi app throughout the TON ecosystem. The workforce not too long ago launched a staking characteristic that lets market contributors lock up their CATI tokens in return for rewards in KCS. The staking mechanism provides a simple strategy 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 choice. Notably, an account can solely stake 1,000 CATI. As soon as tokens are staked, they’re locked in the course of 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 contributors. The extra CATI tokens a consumer stakes, the higher their potential earnings in KCS. 

Aside from 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 collaborating 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 be sure that all transactions and rewards are secure and precisely mirrored.