With Meme Kombat’s initial coin offering (ICO) exceeding the $1 million mark, the meme currency market has gained a formidable new competitor.
Since opening its presale area, Meme Kombat (MK), an Ethereum-based business, has raised money from investors all across the world.
With the advent of dynamic staking, many now believe that MK is poised to become the next viral currency to take off as soon as it is published on the public exchange.
Meme Kombat ICO: $1M Raised, Dynamic Staking – The Next Meme Star,Meme Kombat ICO: $1M Raised, Dynamic Staking – The Next Meme Star
The Meme Kombat Dynamic Staking Protocol Offers Up To 112% APY in Rewards
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Meme Kombat’s ecology is mostly driven by its staking performance.
Staking gives users the opportunity to profit handsomely from their MK tokens in a passive manner while providing funds for wagering on the erratic meme competitions on the site.
Meme Kombat’s whitepaper states that users may decide how much to bet and can even allocate certain areas for placing bets on these fights.
Following the formal launch, users will be able to withdraw their tokens at any moment. Thirty percent of MK’s offerings will be allocated towards staking incentives.
Re-staking MK will, crucially, result in a 10-day locking period. This is intended to deter frequent withdrawals and provide stability in the token’s liquidity.
With APYs as high as 112%, the passive profits from this staking system are a huge benefit.
Notably, every purchase made during Meme Kombat’s presale will consistently stake tokens, enabling customers to begin earning incentives right away.
Holders will be able to declare and stake their tokens dynamically as soon as the platform officially starts, with the size of the staking pool largely determining how much the APY fluctuates.
All things considered, this thoughtful protocol offers a reward for early adoption, which purchasers have gladly accepted.
MK Presale Draws $1 Million as Traders Hurry to Secure Deeply Discounted Coins
Although Meme Kombat’s inventive staking mannequin has provided a solid foundation, the community has perhaps provided the most significant confirmation.
The MK presale has drawn a whopping $1 million in donations from investors in just over a month.
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This is a huge accomplishment considering the venture’s infancy and raises a great deal of interest in Meme Kombat’s possibilities.
For $0.1667, early supporters may currently buy MK tokens during the presale; however, this value level will only be available for a day longer.
Meme Kombat ICO: $1M Raised, Dynamic Staking – The Next Meme Star,Meme Kombat ICO: $1M Raised, Dynamic Staking – The Next Meme Star,Meme Kombat ICO: $1M Raised, Dynamic Staking – The Next Meme Star , Meme Kombat coin Crypto news, Meme Kombat coin News