ONTO & Kalata Liquidity Mining Campaign

ONTO & Kalata are 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!

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.

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.

📰 INFO

https://medium.com/onto/onto-kalata-team-up-for-liquidity-mining-campaign-838bc88e3dcd