Bitrue's Launchpool Debuts With KLY
2024-07-16Exciting news today, as Bitrue's brand new feature has just launched - launchpools are now another way for you to discover brand new projects while maximizing the value return on your BTR, and the very first pool is live right now with Klayr KLY!
First of all, let's introduce the concept of launchpools. These are an innovative new way for community members to get their hands on new tokens that have been launched by respectable and experienced teams. Unlike traditional token sales, launchpools do not require any investment from the user; instead, if you want to receive some of these tokens all you need to do is stake some of your existing coins for a limited period of time, and once the time period has elapsed the earned coins and the staked tokens will be deposited directly into your Bitrue account.
We’ll have many more new projects coming to launchpool over time, but a common factor for all of these pools will be that they are open to BTR holders who will receive the best returns on these opportunities. If you want to maximize your return, you can head on over to the Bitrue exchange right now to purchase BTR.
For the debut launchpool we’ve teamed up with Klayr KLY to distribute 32,000 KLY to our users. Klayr is a new layer 1 ecosystem focused on bringing developers the tools they need to develop blockchain-based solutions to whatever problems they may be facing, from young developers experimenting with the creation of their first NFT collection, right up to international businesses looking to launch dedicated sidechains to handle process management. The project is headed by industry veterans who have been developing in the crypto space for 7 years or more, and who are passionate about delivering a powerful, scalable, and interoperable blockchain solution.
The KLR launchpool started on Bitrue on July 16th 2024 at 08:00 UTC, with 50% of the pool dedicated to BTR holders and 50% dedicated to USDT holders. Staking will run for 2 days, closing on July 18th.
To take part, head on over to our launchpool page right here.
Disclaimer: The content of this article does not constitute financial or investment advice.