True Yield Staking

Pasha Аfanasyev
Catapult Platform
Published in
2 min readOct 18, 2022

The Catapult team is proud to introduce a new feature for our users. Now you are not only a $CPLT token holder, but you will also have an opportunity to get USDT tokens for your loyalty.

Probably many of you have already guessed what exactly we are talking about.

We are happy to announce that True Yield Staking is now available on the Catapult platform.

This is one of the big milestones we’ve been working towards for a long time. And it’s fantastic that our holders will now be able to use and benefit from $CPLT tokens in a more flexible way!

With True Yield Staking, Catapult users will now be able to get more options to use $CPLT tokens as well as take advantage of the different options available.

We mentioned many times that we highly value our loyal users and, keeping the market conditions in mind, we decided to bring some new and exciting activities for everyone who plans to stay loyal

So what is $CPLT True Yield Staking?

$CPLT True Yield Staking is a unique opportunity, aimed at rewarding long-term CPLT holders. First of all, you need to stake your precious CPLT tokens for 1 year using the special page on catapult.ac website, which will be presented in our socials according to the rules of FCFS when the time comes.

Yeah, staking for a whole year, especially with this sort of market, may sound harsh. But here is the banger:

Choose from 2 APR options — 12% APR in $CPLT or 36% APR in USDT. And here is even more — rewards are claimable every Quarter of the True Yield Staking program.

And now time for some numbers — for those of you who want the real meat and self-DYOR:

  • Program Type: $CPLT True Yield Staking
  • Pool Size: 5,000,000 CPLT
  • Pool Serving: FCFS
  • Period: 1 year
  • Rewards claim: Every 3 months
  • APR: 12% in $CPLT or 36% in USDT — staker chooses the currency on each separate claim

Exact timings

  • True Yield Staking Pool Going Live: 19 October 2022; 16:00 UTC
  • $CPLT Price Peg: 19 October 2022
  • Pool Deadline: 23 October, 2022; 23:59 UTC
  • Staking Period Start: 24 October 2022; 00:00 UTC
  • Staking Period End: 24 October 2023; 00:00 UTC

Just as mentioned earlier, the rewards will be claimable in 2 options every separate time — exactly after 1 quarter since the start or the previous claim.

About Catapult

Catapult is a multi-chain fundraising platform, incubator and launchpad. Supported by the team and top analysts, Catapult offers their users the best opportunities to participate in token drops, public and private sale rounds. We value our holders, so we offer them the best deals!

If you have any questions, contact us on our social media!

🌐 Catapult links
Website | Telegram | Twitter | CoinGecko | PancakeSwap

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