Tokoin Staking Program
Dear Tokoin Investors,
I recently published an update of our current product in development along with many other interesting and exciting advancement that our team is dedicated to, if you have not already read it, you can refer to it here bit.ly/TokoinUpdates
As we are gearing up for the month of June and onward, especially on 06/06/2022, in which we will be launching not ONE but multiple big news on that date, I’m sure you guys are looking forward to it!
For now though I would like to go more in depth about the rise in APY/APR we are providing on both KuCoin Earn and also on My-T wallet. We are increasing the interest rate on our staking tremendously starting today for My-T wallet and KuCoin Earn on 23/05/2022: 3 months up from 12% to 20%, 6 months up from 14% to 30% and 12 months up from 16% to 40%, many of our investors would like to know why and why now?
Why the huge increase?
We believe that our early investors and believers, which is all of you who are currently reading this, should be our main focus when it comes to protecting your investments, thus despite the macro market turbulence we would like to protect the value of your investments by offering higher staking rewards, as such we hope it will give more cushion and/or more upside for your investments as we navigate together through these macro market turbulence.
This increase of APY/APR is in conjunction and supported by KuCoin for a limited time period only and we would like to call it the only time we are going to offer such high interest.
As previously mentioned, at Tokoin we have many exciting products that we will be launching in the month of June and forward, thus back again to our believe of protecting your interest first we strongly believe that we should increase the interest now before our further market expansion so that our early believers would be the one to reap most of the benefits.
To add on, we will be following up with a burn mechanism and token buyback, in order to support and collect TOKO token for the need of our future projects pipeline that needs TOKO token as their utility token, these initiatives will be executed once the staking program is concluded.
What this does is that once our token circulation is crunched and the demand increases it should have a positive impact on our ecosystem as a whole.
We look forward to an exciting time ahead and are always thankful for all of your support.