BIG ANNOUNCEMENT INCOMING!
Kyokoans, we’ve been making a lot of noise lately! From our IDO, IEO, and IVO to our Uniswap listing that made some lucky investors over 300% returns, we’ve been driving forward at full steam ahead!
But we’re not finished yet. We’ve made some big promises to you all — and we’re working overtime to deliver. Read on to learn more about our latest release!
But first, back to Kyoko 101:
Kyoko’s DAO-to-DAO credit lending services offer much needed liquidity to high potential DAOs. Meanwhile, our P2P NFT lending and cross-chain asset lending platforms aim to solve the rising cost of entry and siloed in-game assets across different gamechains. Our DAO-to-DAO lending services and P2P NFT lending platform are both in their testnet launch and our cross-chain asset lending platform will be launched later in Q2 2022.
Next up, the big announcement:
Are you ready, Kyokoans?
We’ve officially launched our $KYOKO token staking platform! Any and all of you amazing $KYOKO hodlers out there can now come to the Kyoko platform to stake your $KYOKO tokens for $$!
Not familiar with Kyoko’s staking platform? Learn the answers to everything you could want to know here: Kyoko Staking.
Now, because it’s just been released, there are a few things to keep in mind. We put together the answers to a few of the most burning questions on the launch. Let’s dive deep into the deets:
Key information
- Staking is available at https://kyoko.vault.inc/#/
- When providing liquidity, make sure you use Uniswap V2 via this link
- Staking pools will open Tuesday April 12 12:00 UTC
- Rewards will start calculating Wednesday April 13 12:00 UTC
This means you have 24 hours to stake your tokens leaving out the need to stake your tokens in the very first minutes. We want to give everyone the chance in those 24 hours to start collecting rewards from the very beginning.
Q: What does it mean to stake $KYOKO?
A: Users can lock (or “stake”) their $KYOKO tokens in our secure Kyoko Vault to earn interest income. The longer they stake their $KYOKO tokens, the more rewards they earn.
To learn more about the power of staking and how it works, read our article here.
Q: What do I get for staking my $KYOKO tokens?
A: Users that stake their $KYOKO tokens in the Kyoko Vault will receive rewards in return. The longer the tokens are staked, the more rewards that will be awarded.
You can see the exact formulas that determine how much you will earn in our Gitbook here: Kyoko Gitbook: Staking.
Q: How do I stake my $KYOKO tokens?
A: It’s incredibly easy to stake your $KYOKO tokens. Visit our staking page to start earning!
Don’t know where to begin? Follow our guide, here: Kyoko Gitbook: Staking How-To.
Q: Will there be any staking events coming up?
A: Great question! We’ll be launching a staking competition on April 18 at 12 UTC. More details will be released shortly. If you just can’t contain yourself, here’s a spoiler for the event!
Q: Does Kyoko’s $KYOKO token staking platform support other tokens?
A: Our staking platform only supports $KYOKO tokens. We’ll let you know should we add to this list.
Q: What if I have other questions?
A: Awesome question! Join our official Telegram or Discord to ask any other burning questions you may have! Plus, stick around for the cash quizzes every Monday, Wednesday, and Friday~
That’s about it for now, Kyokoans! Follow us at the links below for more updates on announcements and releases…otherwise, keep doin’ you and keep on keepin’ on.
About Kyoko
Kyoko.Finance is a DAO-to-DAO credit provider and cross-chain GameFi NFT lending market for guilds and players. Kyoko’s DAO-to-DAO lending offers liquidity to promote Web3 development, while its guild-to-guild lending, P2P NFT lending, and cross-chain asset lending platforms aim to solve the most pressing issues challenging the GameFi market, including the rising cost of entry and siloed in-game assets across different blockchains. Kyoko’s metaverse will also allow Guilds to display their history, progress, and other accomplishments, while players can connect with others in a world that can be built in, developed, and sold off.
Follow Kyoko at the links below to stay up to date on upcoming events, releases, and news.
Website | Twitter | Telegram | Announcements | Discord | Gitbook
