AscendEX adds staking support for Solana-based KIN token


KIN is a Solana blockchain token in the Solana Program Library (SPL) token collection.

Crypto platform AscendEX has added support for Kin (KIN) staking, a Solana SPL token, according to a crypto news release the trading venue shared on Monday.

It means investors can begin staking KIN tokens on 19 September 2022 at 1:00 pm UTC, adding to the many other opportunities available on the platform.

KIN staking on AscendEX Earn

KIN holders can stake their tokens via AscendEX Earn, the centralised crypto trading venue’s staking feature, the release noted. On it, investors will be able to earn up to 5% APR on their delegated KIN deposits.

AscendEX Earn offers access to several Earn products across staking and decentralised finance (DeFi) yield farming, with users benefiting from near-zero gas fees. Minimum delegation amount will be 1,000,000 KIN.

As other suite of products, Kin is also available for “compound mode” – a feature that lets users automatically compound their staking rewards when targeting higher returns, the platform wrote.

Kin is now one of over 90 crypto assets with staking support on AscendEX Earn, including Bitcoin, Ethereum, and Shiba Inu. Others are stablecoins USD Coin (USDC) and Tether (USDT).

Solana-based Kin can easily be integrated across both mobile and web apps, and offers a built-in developer incentive model where rewards accompany increased app usage. The Kin Ecosystem launched in 2017 and currently boasts more than 65 million wallets, with over $70 million in rewards distributed across 80+ apps.

On 14 september, Kin announced integration with e-commerce platform Shopping.io, allowing for the use of KIN as a payment method across online shopping venues such as Amazon, Ebay, Walmart, and Home Depot.





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

bitcoin
Bitcoin (BTC) $ 19,493.93
ethereum
Ethereum (ETH) $ 1,340.47
tether
Tether (USDT) $ 0.999294
usd-coin
USD Coin (USDC) $ 1.00
bnb
BNB (BNB) $ 282.13
xrp
XRP (XRP) $ 0.448807
binance-usd
Binance USD (BUSD) $ 1.00
cardano
Cardano (ADA) $ 0.436870
solana
Solana (SOL) $ 33.29
dogecoin
Dogecoin (DOGE) $ 0.060645
polkadot
Polkadot (DOT) $ 6.41
shiba-inu
Shiba Inu (SHIB) $ 0.000011
dai
Dai (DAI) $ 1.00
staked-ether
Lido Staked Ether (STETH) $ 1,336.28
matic-network
Polygon (MATIC) $ 0.750487
tron
TRON (TRX) $ 0.059684
avalanche-2
Avalanche (AVAX) $ 17.29
uniswap
Uniswap (UNI) $ 6.48
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 19,460.31
okb
OKB (OKB) $ 15.55
leo-token
LEO Token (LEO) $ 4.10
chainlink
Chainlink (LINK) $ 7.74
litecoin
Litecoin (LTC) $ 53.54
ethereum-classic
Ethereum Classic (ETC) $ 27.67
cosmos
Cosmos Hub (ATOM) $ 12.92
ftx-token
FTX (FTT) $ 24.14
crypto-com-chain
Cronos (CRO) $ 0.112236
near
NEAR Protocol (NEAR) $ 3.59
stellar
Stellar (XLM) $ 0.108761
monero
Monero (XMR) $ 146.90
algorand
Algorand (ALGO) $ 0.356484
bitcoin-cash
Bitcoin Cash (BCH) $ 114.38
terra-luna
Terra Luna Classic (LUNC) $ 0.000272
quant-network
Quant (QNT) $ 137.70
flow
Flow (FLOW) $ 1.65
filecoin
Filecoin (FIL) $ 5.86
apecoin
ApeCoin (APE) $ 5.36
vechain
VeChain (VET) $ 0.022943
chain-2
Chain (XCN) $ 0.074261
internet-computer
Internet Computer (ICP) $ 6.04
hedera-hashgraph
Hedera (HBAR) $ 0.058151
frax
Frax (FRAX) $ 1.00
tezos
Tezos (XTZ) $ 1.44
decentraland
Decentraland (MANA) $ 0.704795
chiliz
Chiliz (CHZ) $ 0.238464
the-sandbox
The Sandbox (SAND) $ 0.849134
eos
EOS (EOS) $ 1.15
axie-infinity
Axie Infinity (AXS) $ 12.52
elrond-erd-2
Elrond (EGLD) $ 47.61
theta-token
Theta Network (THETA) $ 1.09
aave
Aave (AAVE) $ 76.73
lido-dao
Lido DAO (LDO) $ 1.63
bitcoin-sv
Bitcoin SV (BSV) $ 49.93
compound-usd-coin
cUSDC (CUSDC) $ 0.022726
paxos-standard
Pax Dollar (USDP) $ 1.00
kucoin-shares
KuCoin (KCS) $ 9.22
true-usd
TrueUSD (TUSD) $ 0.999816
iota
IOTA (MIOTA) $ 0.295539
ecash
eCash (XEC) $ 0.000041
usdd
USDD (USDD) $ 1.00
bittorrent
BitTorrent (BTT) $ 0.000001
the-graph
The Graph (GRT) $ 0.099011
cdai
cDAI (CDAI) $ 0.022123
zcash
Zcash (ZEC) $ 55.47
pancakeswap-token
PancakeSwap (CAKE) $ 4.89
huobi-token
Huobi (HT) $ 4.42
helium
Helium (HNT) $ 5.24
maker
Maker (MKR) $ 736.62
gatechain-token
Gate (GT) $ 4.26
tokenize-xchange
Tokenize Xchange (TKX) $ 7.76
celsius-degree-token
Celsius Network (CEL) $ 1.46
neo
NEO (NEO) $ 8.63
radix
Radix (XRD) $ 0.060747
klay-token
Klaytn (KLAY) $ 0.196863
havven
Synthetix Network (SNX) $ 2.44
fantom
Fantom (FTM) $ 0.227453
compound-ether
cETH (CETH) $ 26.91
evmos
Evmos (EVMOS) $ 1.77
nexo
NEXO (NEXO) $ 0.921067
bitdao
BitDAO (BIT) $ 0.477556
osmosis
Osmosis (OSMO) $ 1.12
pax-gold
PAX Gold (PAXG) $ 1,648.47
thorchain
THORChain (RUNE) $ 1.57
rocket-pool
Rocket Pool (RPL) $ 25.01
zilliqa
Zilliqa (ZIL) $ 0.031456
arweave
Arweave (AR) $ 9.28
enjincoin
Enjin Coin (ENJ) $ 0.462299
basic-attention-token
Basic Attention (BAT) $ 0.302519
dash
Dash (DASH) $ 41.49
kava
Kava (KAVA) $ 1.57
blockstack
Stacks (STX) $ 0.326735
defichain
DeFiChain (DFI) $ 0.728526
compound-governance-token
Compound (COMP) $ 61.75
ravencoin
Ravencoin (RVN) $ 0.035850
tether-gold
Tether Gold (XAUT) $ 1,680.64
mina-protocol
Mina Protocol (MINA) $ 0.596689
ethereum-name-service
Ethereum Name Service (ENS) $ 15.63
terra-luna-2
Terra (LUNA) $ 2.47
xdce-crowd-sale
XDC Network (XDC) $ 0.029364
stepn
STEPN (GMT) $ 0.664217
Shares