Kattana’s Native Token KTN Has Been Whitelisted On Bancor v2.1
A unique way of staking $KTN and earning is now available on Bancor. KTN is the native of Kattana, professional trading terminal. Users will now have the ability to stake their KTN tokens, earn swap fees while maintaining 100% exposure to KTN token and with protection against impermanent loss.
Kattana has collected more than 90% of “YES” votes which equals 7.32М vBNT, that’s an astronomical number. Token holders will now have safer and better returns for providing liquidity, without having to split their KTN into a separate reserve asset (like ETH or BNB) and without living in fear of price movements reducing the value of the initial stake.
Bancor’s BNT Liquidity Mining (LM) program has two primary goals as its aim:
1-Inject new liquidity into the existing Bancor pools.
2-Incentivize long-term liquidity provision.
More liquidity will help Bancor with more conversions in the market, which generates more fees for liquidity providers (LPs) which as a result increases APY and protocol revenue.
HOW TO STAKE KTN ON BANCOR
- Go to app.bancor.network
- Connect your wallet
- Find the KTN/BNT pool and click the “+” button to add liquidity:
• REWARDS column: APR from BNT rewards (paid in BNT)
• APR column: APR from swap fees (paid in KTN) - Select the KTN token and the amount to stake
- . After confirming the transaction, you’ll be redirected to your Portfolio on bancor.network, where you can track each individual stake and the cumulative fees and rewards you’re earning
Full guide of staking here.
ABOUT BANCOR
Bancor Protocol is a fully on-chain liquidity protocol that can be implemented on any smart contract-enabled blockchain. The Bancor Protocol is an open-source standard for liquidity pools, which in turn provide an endpoint for automated market-making (buying / selling tokens) against a smart contract.
ABOUT KATTANA
Kattana is bringing pro-level graphs and tools to the DeFi market to let anyone trade DeFi like a pro. The Kattana terminal allows users to trade in real-time via over 40 DEXs, with advanced order types and highest-quality charts, and enjoy many other tools previously not even heard of in DeFi.
RESOURCES
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