Stake PHA/DOT LP, Win KACO & PHALA Jointed Limited Edition NFT NOW!!
We are happy to announce the LP reward activity with Phala is coming. We have already launched the PHA-DOT farming pool on 7 Sep. To increase the liquidity of $PHA and $DOT on BSC, we collaborated with Phala and designed three NFT to reward the PHA-DOT LP provider.
Start time: 00:00 UTC, 13 October
Rules: During the activity, you need to stake more than 100 PHA-DOT LP tokens on the Kaco. Random snapshots will be taken during every month. Those who meet the requirements can go to the claiming page about 3 working days after the end of the month to receive limited edition NFT rewards. This activity is divided into 3 levels:
Gold AMEI: Stake 1000 PHA-DOT LP
Sliver AMEI: Stake 500 PHA-DOT LP
Green AMEI: Stake 100 PHA-DOT LP
Note: Since the snapshot time is random, please retrieve the staked LP TOKEN after the end of the month to ensure that you can get snapshoted!
Kaco Finance is the evm version of DEX issued by Polkadot decentralized exchange and synthetic asset protocol Coinversation. Kaco Finance is a cross-chain decentralized trading platform based on Binance Smart Chain and Kusama parachain. Kaco Finance initially aims to provide liquidity AMM and yield farm for the Polkadot ecological project and is committed to realizing the asset bridging function between Kusama and BSC.
Phala Network tackles the issue of trust in the computation cloud.
This blockchain is a trustless computation platform that enables massive cloud processing without sacrificing data confidentiality. Built around TEE-based privacy technology already embedded into modern processors, Phala Network’s distributed computing cloud is versatile and confidential. By separating the consensus mechanism from computation, Phala ensures processing power is highly scalable but not wasteful. Together, this creates the infrastructure for a powerful, secure, and scalable trustless computing cloud.
As a member parachain of the Polkadot cross-chain ecosystem, Phala will be able to provide computing power to other blockchain applications while protecting the data layer, enabling possibilities like privacy-protected DeFi trading positions and transaction history, co-computing DID confidential data, developing light-node cross-chain bridges, and more.
On-chain services currently being developed on Phala Network include Web3 Analytics: high-performance smart contracts from Phala to enable highly concurrent mass data analytics with privacy, paving the way for an alternative to Google Analytics that inherently respects individual confidentiality.