Place/Date: – September 22nd, 2022 at 2:51 pm UTC · 3 min read
Cardalonia is delighted to announce its second exchange listing on Bitmart Exchange, a top 30 cryptocurrency exchange according to Coinmarketcap. $LONIA token can be traded freely on Bitmart on the LONIA/USDT ticker.
This is the second exchange listing as the $LONIA utility token has previously scored its first listing on P2pb2b, another fast growing cryptocurrency exchange.
Cardalonia Land Presale
Cardalonia has also announced the initial land presale of Cardalonia Metaverse Land Parcels which will be exclusively available for whitelisted $LONIA token holders who have staked their tokens in the Cardalonia Non-custodial staking vault before the October snapshot to get whitelisted for the Cardalonia Land Pre-sale.
Over 250 wallets have whitelisted to participate in the upcoming land presale which is scheduled to kick off on 3rd of October 2022 after the October staking snapshot has been taken.
Cardalonia LAND is a unique NFT existing on the Cardano blockchain.
You can also rent your Land in exchange for $LONIA tokens, the metaverse currency of the Cardalonia ecosystem with multiple utilities and features which some will be made public after the Vasil hard fork.
Read more about Cardalonia Land here.
$LONIA Utility Token
$LONIA, the utility token of the Cardalonia metaverse will have multiple utilities like:
- Staking: Stake your $LONIA tokens in the Cardalonia staking vault and enjoy up to 20% APY without your tokens ever leaving your wallet. Cardalonia token staking works in a way similar to staking ADA, it’s a permisionless staking protocol (Earn staking rewards without your tokens leaving your wallet).
- Land Presale: $LONIA token stakers with an active stake of over 7000 $LONIA tokens will have early bird access to the Cardalonia Land presale.
- Governance: $LONIA token stakers who have an active stake key shown on the staking leaderboard would be able to create a proposal and vote on governance proposals in the future.
- Transaction Fees: Post Vasil hard fork, users can opt to pay for transaction fees in $LONIA instead of ADA, this will be made possible utilizing the babel fees mechanism.
- Boosting ISPO Rewards: Cardalonia ISPO which is scheduled to commence after the Land presale. Users who are staking ADA to $LONIA ISPO pool (Ticker: LONIA) can boost their ISPO rewards with either $LONIA token or Cardalonia Land.
What Is Cardalonia?
Cardalonia is a 3D virtual reality Metaverse that operates across the Cardano Blockchain with the potential to provide multiple utilities for users across its ecosystem.
The Cardalonia Map will enable Land holders lay claim to their Terrania land plots after the land sales and customize it to their taste.
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