Kryptomon, the highly anticipated NFT game and hottest new GameFi project that attracted more than 100,000 people to register interest in it during its week-long launch, has partnered with DODO to unveil its KMON-BNB Liquidity Mining campaign. And this after just few days from the official announcement of partnership with Simplex, the fiat/crypto payment processing giant.
The Kryptomon community can now participate in the KMON-BNB staking pool, facilitated by DeFi protocol and on-chain liquidity provider, DODO, to earn extra cryptocurrency - in the form of KMON and DODO tokens.
The highly anticipated crypto NFT game and hottest new GameFi project, Kryptomon, has announced a partnership with DODO, the DeFi protocol and on-chain liquidity provider to unveil its KMON-BNB Liquidity Mining Campaign.
Through the staking pool, Kryptomon is now offering the community the opportunity to make their funds work for them and earn passive income in the form of KMON (the currency attached to the Kryptomon world) as well as DODO tokens.
This brand new partnership enables KMON token holders another opportunity to earn extra income from their tokens: by participating in the lottery to win valuable NFTs in the form of unique Kryptomon eggs, or by joining the new liquidity pool campaign to enjoy up to a whopping 416%(!) APY!
The campaign is part of DODO’s Booster Program.
Participation is easy. The Kryptomon community - players who are also known as ‘Trainers’ - simply need to head over to DODO’s website, connect their crypto wallet and provide KMON-BNB liquidity in exchange for DODO LP tokens. People can then stake these LP tokens and be rewarded with KMON and DODO in return.
A maximum of $45,000 worth of DODO and 225,000 KMON tokens in liquidity mining rewards will be available every week. The amount of available KMON will be fixed, whereas the number of DODO tokens will be adjusted depending on the weekly KMON trading volume on the DODO platform. This program will last for 4 weeks, with rewards being paid out every block (3 seconds) and no lock period for staked funds. Players are free to remove their liquidity at any point.
Liquidity mining is a process where users can earn passive income by putting their funds in a liquidity pool. Participants are rewarded with additional crypto tokens; in this case - KMON and DODO tokens!
Kryptomon creatures are currently in their egg phase. In Q4 2021 Phase 1 will launch, where the eggs will hatch and Trainers will meet their unique, digital creatures for the first time. Kryptomon’s own currency KMON will be used by Trainers all around the world to breed and train their digital pets.
Umberto Canessa Cerchi (founder & CEO of Kryptomon), said:
“Our KMON-BNB Liquidity Mining Campaign is the latest in a series of exciting developments in the Kryptomon journey! We are excited to have partnered with DODO on its Booster Program to give our community (AKA Trainers) a higher return on their invested cryptocurrency, whilst helping to support the wider Kryptomon community.
“With the new Booster Program, trainers now have the choice of either staking their KMON to earn additional KMON and DODO tokens, or to stake their KMON in a special egg lottery that will give everyone the chance to win Kryptomon eggs, including the rare Gen 0 egg of which only 100 exist in the world!”
What is Kryptomon?
Kryptomon is a highly anticipated crypto NFT game that runs on Binance Smart Chain (BSC). Kryptomon will be a more appealing option to the mainstream players, unlike other platforms that charge higher fees for transactions. Community members play as ‘Trainers’ of their own individual monsters - Kryptomons - each of which is a completely unique digital asset connected to an NFT. Each has a unique but mutable genetic code (genotype) that determines all of the aspects - physical and behavioural - of the creature. In short - think Pokémon meets CryptoKitties and Tamagotchi.
KMON tokens can be used by Kryptomon Trainers to breed their creatures, as well as to buy items and power-ups within the game itself.
Contact Name: Umberto Canessa Cerchi
Address: Italy, Rome