Kaia will launch its first CR Mission, with USDT and KAIA paired at a 1:10 ratio
Foresight News reports that L1 blockchain Kaia announced on Twitter that it will launch its first CR Mission. This mission requires pairing Kaia native USDT with KAIA at a ratio of 1 USDT : 10 KAIA. The early deposit channel will open on July 16.
According to Foresight News, Kaia revised its tokenomics in March this year, modifying the original Proposal Reward (PR) system to the Contribution Reward (CR) system. This system requires participants (mainly governance committee members and delegates) to provide a large amount of USDT liquidity to develop DeFi infrastructure on Kaia.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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