- KuCoin lists SEED token with deposits now open via the SUI network before its trading launch on April 1.
- Farming pools for SEED tokens offer daily rewards of up to 55,000 SEED tokens for users staking USDT, KCS, or SEED.
- Exclusive bonuses and rewards are available for users, including VIP and KCS holder.
Global crypto exchange KuCoin has announced the listing of the fast-growing project SEED (SEED) on its spot trading platform.
According to the announcement, users can now deposit SEED tokens via the SUI network, while trading will commence on April 1, 2025. Withdrawal services will be activated 24 hours after trading commences.
KuCoin also disclosed that trading bots, including Spot Grid, DCA, Infinity Grid, and AI Spot Trend, will be available for SEED trading once it goes live on the platform.
How Can Users Earn SEED Tokens Before Trading Starts?
Leading up to the official trading launch, KuCoin has opened a window for enthusiasts to farm SEED tokens through the KuCoin GemPool.
This program allows users to stake USDT, KCS (KuCoin’s native token), or even SEED tokens in dedicated pools to farm additional SEED tokens. This new initiative includes various bonuses and attractive staking rewards for participants.
Related: KuCoin Lists Particle Network (PARTI) with Expanded Trading Options, Including Margin and Futures
Details of the KuCoin GemPool for SEED
The SEED token will be available for staking across multiple pools, with a total supply of 1,000,000,000 SEED tokens.
The GemPool rewards pool will distribute 3,000,000 SEED tokens to participants during the campaign period, which runs from March 27 to April 8.
Users can stake USDT, KCS, or SEED tokens to participate, with rewards capped per user in each pool:
- USDT Pool: Daily cap of 15,000 SEED tokens
- KCS Pool: Daily cap of 55,000 SEED tokens
- SEED Pool: Daily cap of 50,000 SEED tokens
The daily rewards distributed to each participant will be calculated based on the proportion of their staked tokens compared to the total number of tokens staked in that specific pool.
This ensures a fair distribution of rewards. The rewards are updated daily, and snapshots of user balances are taken multiple times each hour to determine average balances and calculate rewards.
To sweeten the deal, KuCoin is offering several bonus opportunities for users participating in the SEED GemPool staking campaign:
- Users who complete a quiz with all correct answers during the campaign will earn an additional 10% bonus on their staking rewards.
- KuCoin VIP users can enjoy an exclusive bonus, varying based on their VIP level, with the potential to earn up to 20% extra in rewards.
- KCS holders participating in the event can earn up to 20% in additional rewards based on their loyalty level and the number of KCS tokens they hold.
Related: KuCoin Launches MINT Staking with 2.9M Token Rewards, VIP Bonuses Available
About SEED
SEED is a Web3 gaming project that originated as a Telegram Miniapp and has amassed over 60 million users. Now, with the backing of the Sui Foundation, SEED is transitioning into an immersive RPG game, drawing inspiration from popular titles like Pokémon Go and Axie Infinity.
SEED aims to become the first 100M-user Web3 gaming ecosystem on the Sui blockchain. The token will be listed on KuCoin on April 1, 2025, at 10:00 (UTC). This will mark the beginning of its journey in the crypto market, following the GemPool staking campaign.
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Source: https://coinedition.com/kucoin-lists-seed-token-with-pre-trading-staking-rewards-via-gempool-on-sui-network/