KuCoin has announced the launch of its first GemPool (launchpool), featuring the innovative TNA (BN) token. This event brings new opportunities for KuCoin users to explore the next wave of crypto innovation. Starting today, users can participate in this launchpool and stake their assets and earn rewards through TNA (BN), a token designed to enhance Bitcoin’s non-financial use cases.
Key Takeaways:
- Stake KCS, USDT, or USDC to earn TNA (BN) rewards.
- Campaign runs from August 15 to August 18, 2024.
- Additional bonuses for quizzes and VIP users.
Understanding TNA (BN): A Revolution in Bitcoin’s Ecosystem
TNA (BN) is not just another token; it serves as the universal naming and data availability (DA) layer for Bitcoin. This technology emphasizes the expansion of Bitcoin’s utility beyond financial transactions. By offering a robust DA infrastructure, TNA (BN) enables seamless interoperability of various asset types across the Bitcoin network. This advancement allows users to enjoy enhanced features such as decentralized usernames, which simplify and improve the overall user experience.
How to Participate in TNA Launchpool
KuCoin’s GemPool event offers users a chance to earn a share of 8,333,333 BN tokens, representing 0.4% of the total supply. The campaign period runs from 8:00 UTC on August 15, 2024, to 8:00 UTC on August 18, 2024. During this time, users can stake their KCS, USDT, or USDC into separate pools, each offering specific rewards. Additionally, users can enhance their rewards by completing tasks and quizzes.
Participants must complete KYC verification to join. KuCoin has set daily reward hard caps per user, ensuring fair distribution. Moreover, KuCoin offers an additional 10% bonus for users who correctly complete a quiz and up to 20% for VIP members based on their level.
Stake to Earn Rewards
To get involved, users should stake their KCS, USDT, or USDC in the respective pools. Afterward, KuCoin will take snapshots of user balances multiple times each hour to calculate rewards based on the hourly average balances. Daily rewards will be calculated starting from the day after staking, with updates provided daily.
To stake, simply visit KuCoin’s GemPool page.
For those looking to maximize their rewards, KuCoin encourages users to take advantage of the additional bonuses. A 10% bonus is available for those who complete the quiz, while VIP users can enjoy exclusive bonuses up to 20%, depending on their VIP status.
KuCoin only recently introduced their GemPool (Launchpool) feature, but we’re glad they are debuting with an exciting token. TNA staking lasts only for 3 days, so you should get started as soon as possible to earn rewards. A lot of existing KuCoin users are not aware of GemPool rewards yet. This means the number of participants might be low, and rewards high — don’t miss this out.
If you are not using KuCoin yet, do not miss using Cexfinder’s referral code during signup for a 10% trade fee discount and over $8,000 in welcome bonuses.
