Krosscoin is launching the KSS Universal Staking Program 1 (KUSP1).
It involves buying KSS(ERC20) directly from us using BTC or ETH and staking the KSS purchased in your Bites Exchange KSS wallet. The BTC or ETH received from the direct purchase will be denominated in USD and purchasers will receive 5% in ETH or BTC monthly for 6 months. Also purchasers will be sent a monthly reward of 2% of the KSS purchased and staked in their Bites account. Minimum staking period on KUSP1 is 60 days, the maximum is 6 months, after which participants can either sell their KSS tokens or begin a new cycle of staking to BTC/ETH and KSS bonuses. Some of the funds received will be used to buy back KSS on the Bites Exchange and Waves DEX so holders can easily liquidate their KSS bonus.
Speaking on this, Efosa Ighodaro,Founder and CEO of Krosscoin said “Our goal for the KUSP1 is to reward our token holders and project supporters . Launching this program is just one of our several value and reward driven initiatives we expect to translate to meaningful gains to our ecosystem participants, subsequently boosting the utility of KSS.
In order to comply with Anti money laundering regulations, Krosscoin will require KUSP1 participants to undergo KYC/AML procedures.
KUSP1 is also available on the KSS(Waves) token, participants will stake their KSS(Waves) on their Waves wallet.
Krosscoin will confirm the amount of KSS staked before giving out the monthly rewards. Interested participants should email us at firstname.lastname@example.org to participate. Residents of the United States, EU, Japan, Singapore are not currently allowed to participate.
Join the project’s Twitter, Telegram and Facebook communities.
“ Lets make good happen™️’’