Lock $KSW to earn $KSW
Round 1 of locking $KSW and earning extra $KSW from 1–7 Jan 2021, 20:00 pm gmt+7.
KillSwitch is back at it again with another exciting news that gives users the chance to get double rewards by locking or staking $KSW through KSW Locker on Kururu.
What is the “KSW locker”?
the “KSW locker” is the action of locking KSW tokens within a given period of time to receive higher rewards. The given period is usually up to 3 months ( means that users can lock for 1 or 2 or 3 months). The rewards given out will be KSW tokens($KSW), the rewards will depend on the period of “locking”.
The rewards from the locker are from the buyback process by KillSwitch. The APR is calculated by the amount of buyback in each round multiplied by 12, then divided by the number of farmers of each pool. Which these lockers will only be available 4 times each year as follows:
Round 1: 1–7 Jan-Mar ( Reward are from buyback KSW Oct-Dec 2021)
Round 2: 1–7 Apr-Jun ( Reward are from buyback KSW Jan-Mar 2022)
Round 3: 1–7 Jul-Sep ( Reward are from buyback KSW Apr-Jun 2022)
Round 4: 1–7 Oct-Dec ( Reward are from buyback KSW Jul-Sep 2022)
**Last day closing at 20:00pm gmt+7
Disclaimer: Once you’ve locked your assets, you will not be able to withdraw or deposit further until the end of the round.
How to “Lock”
- go to https://app.killswitch.finance/ and select “Lock KSW” in the navigation tab.
2. Once clicked, users will be navigated to the Lock Stake KSW page on Kururu. Then put in your desired amount to “lock”.
3. Once inputted the desired amount, click approve KSW and Deposit.
Finally, users are allowed to claim both the initial $KSW deposited and the rewards after the period are over.