The launch on the mainnet is scheduled for next Wednesday June 9th 2021.
The engagement of the community members has helped us a lot and we thank you for that!
Before the launch we’ll publish a detailed step by step tutorial on how to stake your $KTLYO or $BNF.
The parameters of the first pool remain unchanged so we can just repeat them here once more.
- Fixed staking duration: 30 days
- APY: 120%
- APY payout ratio: 50% KTLYO and 50% BNF
- Total rewards pool size: $500k
- Maximum stake amount per participant: $10k per participant ($5k in KTLYO and $5k in BNF)
Initially the staking will be launched on the Ethereum network with a possibility to launch on Binance Smart Chain afterwards. The rewards might be split across more than one pool to provide more options for the token holders. The exact number of pools will be determined based on the feedback from the community.
We’re looking forward to this and future releases coming out of the partnership with BonFi.
Katalyo is a no-code cross-chain platform for building hybrid blockchain powered applications. With Katalyo individuals and organisations can build blockchain powered applications without writing a single line of code. On top of no-code features for building web based frontend, by using Katalyo platform, people can create tokens and NFTs, build DeFi applications, integrate smart contracts in any part of the workflow.