ONTO & Kalata Team Up for Liquidity Mining Campaign!
We’re back again for another event with Kalata, a derivatives trading platform on Binance Smart Chain!
Last month, we partnered with Kalata to give away $500 in KALA. We had so much fun that we’re back again to give away even more rewards!
This time, we’re hosting a liquidity mining event giving you the chance to win rewards totaling $4,500!
Event Duration: Oct. 20th (9:00 UTC) — Oct. 27 (9:00 UTC)
Activity: Install ONTO Wallet and stake BUSD-KALA LP in Kalata with ONTO.
BUSD-KALA Mining Pool
Kalata has set up a BUSD-KALA liquidity pool where you can mine KALA rewards.
The first 250 users to stake at least $20 ($10 of BUSD + $10 of KALA) in Kalata’s BUSD-KALA pool via ONTO Wallet and hold it until the end of the event can win $12 worth of KALA.
ONG Lottery
As an extra incentive to get involved, we’re also giving participants of the BUSD-KALA mining pool the chance to enter a lottery to win ONG!
By staking at least $20 in Kalata’s BUSD-KALA pool, you will be entered into the lottery. ONG worth $20 will each be awarded to 25 winners!
Bonus
For new ONTO users, we have a special bonus prepared.
Be one of the first 200 new users to create an ONT ID with ONTO and stake at least $20 in Kalata’s BUSD-KALA pool via ONTO Wallet to win an extra 5 ONG!
Get started with our text and video tutorials.
Happy mining and good luck!
Notes:
- KALA with liquid mining income implements a lock-up mechanism, and it takes 72 hours before it can claim
- All ONTO users can participate but each ONT ID/device is counted only once.
- ONG is an OEP-4 asset; only ONT ID wallets are eligible to win ONG rewards.
About Kalata
Kalata is a derivatives trading platform on Binance Smart Chain, allowing everyone to gain on-chain exposure to a vast range of assets.
Kalata synthetic protocol allows everyone to mint synthetic asset tokens by locking in collateral and users can gain the equity of assets without obtaining them. Currently Kalata uses BUSD to mint synthetic asset tokens, and will support more stablecoins in the future. Through the AMM mechanism deployed in the decentralized exchange, transactions of synthetic asset tokens can be automatically executed without matching buy & sell orders. For providers of synthetic asset trading liquidity, they can earn transaction fees paid by traders. This is the brief introduction to the operation mechanism of Kalata.
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About ONTO Wallet
ONTO is the first truly decentralized, cross-chain wallet, allowing users to securely manage their identities, data, and digital assets. ONTO users can manage their crypto assets (including NFTs), perform cross-chain swaps, keep up-to-date with the latest industry latest developments and events via the ONTO news feed, and enjoy access to a variety of dApps.
With ONTO Wallet, users can create an ONT ID, a decentralized digital identity that fully protects their private data through an encryption algorithm and enables one-click multi-chain wallet address creation and management. Users worldwide can download ONTO Wallet now via onto.app or their mobile app store. Desktop users can also install ONTO Web Wallet for Google Chrome.
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