Announcing the Kinto Rewards Campaign on CoinList
Kinto is a safety-first L2 designed to accelerate the transition to an on-chain financial system. It features user-owned KYC, AML, and native account abstraction to solve the biggest blockers to mainstream adoption: security and user experience.
Today, we’re excited to announce the Kinto Rewards Campaign. In an effort to increase liquidity on-chain, Kinto is offering 200,000 KINTO tokens (2.0% of the total supply) to qualifying participants for their contributions.
Rewards
Kinto allocated a total reward pool of up to 200,000 KINTO tokens, representing 2.0% of the total supply, for its Rewards Campaign participants.
Kinto’s Rewards Campaign has been designed to reward all active participants in the Kinto Network. Up to 5,000,000 Kinto tokens, or 33% of the max supply, are allocated to be distributed to users of the network.
The program lasts 10 years with rewards front-loaded, slowly decreasing quarter by quarter. This creates the following supply curve for the Participation Rewards Program: Participants will be able to receive rewards each week beginning on July 1, 2024. Rewards are distributed on a rolling basis.
Learn more about Kinto’s Rewards Campaign by viewing Kinto’s docs here.
Participation and Eligibility Criteria
Kinto is extending the opportunity for CoinList users to participate in Kinto’s Rewards Campaign. In order to participate, users must:
- Complete Kinto’s Onboarding Process
- Set up a Kinto wallet
- Deposit capital. For a list of supported assets, see here.
Timeline
Kinto’s Rewards Campaign is expected to run from June 18, 2024 until September 18, 2024.
The timeline is subject to change at the sole discretion of Kinto.
About Kinto
Kinto is the safety-first L2 designed to accelerate the transition to an on-chain financial system. It features user-owned KYC, AML, and native account abstraction to solve the biggest blockers to mainstream adoption: security and user experience.
Join the Kinto community
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