- Timezone: America/New_York
- Date: Dec 23 2022
- Time: 9:00 am
Kong BUSD Public Launch
December 22 update – the contract was swapped to this one. In Telegram, they say it’s starting at 2pm UTC, but the countdown on the site has it starting at 4pm UTC. We’ve set this launch to 2pm UTC in an abundance of caution.
New ROI staking dApp on BSC.
Kong NFT Pass holders had 3 days early access (Dec. 20th) before the public launch.
- Stake BUSD and earn daily rewards in BUSD (subject to availability of funds in the contract for payment)
- Daily ROI: 1% – 4% — max 300% ROI
- 2% base daily ROI
- daily ROI increases by 0.05% on every compound, up to maximum 1%
- daily ROI reduces by 0.05% on every withdrawal, down to minimum 1%
- Wealth Mountain users will receive additional 1% daily ROI
- Kong NFT Pass holders will receive additional 1% daily ROI + 2% bonus on referred users withdrawals
- Minimum deposit: 10 BUSD
- No maximum deposit
- Initial BUSD deposit can be unstaked anytime; 15% unstake fee (50% remains in TVL and 50% goes to dev)
- 5% deposit fee
- 6% withdrawal fee on rewards (2% goes to referred NFT holder for passive income)
- No compound fee
- 24 hours withdrawal cooldown
- 24 hours compound cooldown
- 6% referral commission on referred users deposits + 2% bonus on referred users withdrawals for Kong NFT Pass holders