KuCoin has created a new reward opportunity for users via the Catizen Telegram Bot, totaling $200,000 KCS. Users can bet CATI tokens to generate KCS, allowing them to increase their holdings while remaining active in the Catizen ecosystem.
The staking campaign is open to any CATI holders looking to increase their KCS holdings. To participate, users must open the Catizen Telegram Bot, find the Airdrop icon, go to the staking section, and select the stake CATI tokens option.
An account may only stake 1,000 CATI. Once staked, tokens are locked for the campaign, which runs from September 14 to September 24. Rewards are calculated using the amount of CATI staked and the total pool size, allowing for a proportionate distribution among participants.
A user’s potential earnings in KCS increase as the number of CATI tokens they stake. Additionally, users have an incentive to withdraw their CATI tokens to KuCoin.
Both KuCoin and Catizen emphasize the importance of security in staking activities, recommending that users establish two-factor authentication (2FA) and regularly monitor their progress.
