Free DEEP tokens await for anyone who stakes their KCS or USDT on KuCoin’s latest launchpool. If you want to boost your portfolio with a token for one of the most innovative decentralized orderbook platforms, be sure to participate in this launchpool. Staking already went live earlier today, and it lasts until October 21st.
How to Participate in the DeepBook GemPool
We barely had any advance notice about this launchpool event, meaning it’s already live! You can stake either KCS or USDT in separate pools and earn DEEP tokens as rewards. This campaign runs until October 21, 2024, giving you seven full days to farm your rewards.
Key Participation Details:
- Total Supply of DEEP Tokens: 10,000,000,000
- GemPool Total Rewards: 20,000,000 DEEP
- Campaign Period: October 14, 2024, 10:00 UTC – October 21, 2024, 10:00 UTC
To get started, all you need to do is complete KYC verification and choose the pool that fits your needs. For each token pool (KCS or USDT), a daily reward cap of 420,000 DEEP applies per user.
Exclusive Bonuses for Participants
KuCoin is making it even more exciting by offering two exclusive bonuses during the campaign period:
- Complete a Quiz for a 10% Bonus: If you participate in the GemPool and complete a quiz with all correct answers, you’ll enjoy an additional 10% reward on top of your staking returns. Visit the event page for quiz details.
- VIP Exclusive Bonuses Up to 20%: If you’re a KuCoin VIP, you can earn even more. Depending on your VIP level, your bonus starts at 10% and could reach up to 20%!
These rewards are calculated daily, so the earlier you participate, the more you can earn. Daily snapshots of your staked tokens will ensure accurate reward distribution. Rewards will be updated every day, starting from the day after you stake your tokens.
What is DeepBook (DEEP)?
DeepBook is a cutting-edge decentralized Central Limit Order Book (CLOB), built on the Sui blockchain. What sets DeepBook apart is its speed and efficiency. Leveraging Sui’s sub-second latency and low transaction fees, DeepBook enables lightning-fast, on-chain exchanges with deep liquidity. It’s designed for advanced traders and liquidity providers, offering more control over price orders than traditional market models. This makes it an essential tool for anyone involved in decentralized finance (DeFi).
Why DeepBook Matters in the Crypto Space
DeepBook isn’t just another decentralized exchange. It’s a next-generation CLOB that brings high performance and deep liquidity to the world of on-chain trading. With the Sui blockchain’s unique architecture, DeepBook achieves near-instant order execution and low transaction fees. It provides liquidity providers with more control over price orders, making it a highly effective platform for sophisticated DeFi traders. DeepBook aims to become the foundation of the Sui DeFi ecosystem, supporting a wide range of financial services.
How to Get Free DEEP Tokens
Participating in the GemPool is straightforward. Here’s a step-by-step guide:
- Visit KuCoin GemPool: Access the staking pools through KuCoin’s GemPool platform. You can choose between the KCS or USDT pools based on your preference.
- Complete KYC Verification: Ensure your account has passed KYC verification before you start staking.
- Stake Your Tokens: Choose your pool, either KCS or USDT, and stake your tokens to start farming DEEP rewards. Keep an eye on your daily reward updates.
- Take Advantage of Bonuses: Complete the bonus quiz for an extra 10% in rewards or upgrade your VIP status to unlock up to 20% in bonuses.
By following these simple steps, you can maximize your earnings and be part of a groundbreaking project in the DeFi space. You can claim your $DEEP rewards each day manually. No problem if you don’t claim manually, because all the rewards will be airdropped to your wallet at the end of the event.
More Rewards in Learn and Earn & GemSlot
To receive even more free DeepBook tokens, you can join KuCoin’s Learn and Earn or GemSlot campaigns. Here’s what to do to participate in Learn and Earn:
- Visit KuCoin’s Learn and Earn page.
- Read the quick course to learn more about DeepBook, including the token, tokenomics, liquidity and matching engine, and more.
- Complete the 7-question quiz and get your share of the prize pool (don’t worry, you can’t get the quiz wrong).
You can also join the GemSlot campaign to earn more DEEP via deposits, spot trading, or inviting friends to KuCoin. For more details and tasks, it’s best to visit KuCoin Gemslot page!
The DeepBook (DEEP) launch on KuCoin’s GemPool is more than just an opportunity to earn rewards—it’s a chance to be part of the next big thing in decentralized finance. With over 20,000,000 DEEP tokens up for grabs and exclusive bonuses available, the earlier you start staking, the better your rewards will be.
If you are ready to stake and earn, head over to KuCoin’s GemPool and start farming DEEP tokens today!
