In this publish, Krystal will detail the actual specifications to participate in which of the subsequent Internet IDOs. KrystalGO.
Full KYC
What is KYC?
KYC stands for “know your customer”. It requires care of verifying the identity of the purchaser.
Identity verification necessitates facts that can be employed to confirm your identity. The following paperwork will be expected:
- Identity document: identity card or passport
- Address: phone bill, utility bill or financial institution statement
Where to full KYC?
The KYC will be carried out straight on the KrystalGO site (launched on October 28, 2021), through the services supplier Blockpass.
When can you commence accomplishing KYC?
From October 28, 2021 onwards.
To qualify for any IDO, you need to KYC and accumulate factors by phase two (stake KNC) and phase three (trading volume on Krystal).
Amount of KNC wagered
What is KNC?
KNC is the native token of Kyber Network, a liquidity hub that connects liquidity from numerous sources to supply immediate and safe swaps in any decentralized application without having intermediaries.
Where is Palo KNC?
You can stage KNC on the KrystalGO site. Only KNCs bet on KrystalGO will be counted.
You can bet KNC on your favored chain. Krystal supports KNC staking on Ethereum, Binance Smart Chain (BSC) and Polygon.
Please note that KNC bet on KyberDAO is not eligible for factors as KyberDAO is a platform operated by Kyber Network, not Krystal.
How is the KNC score calculated?
Score one stage for just about every KNC wagered.
How considerably KNC is essential for staking?
Krystal has four degrees. Depending on the preferred degree, the staking specifications are distinct.
- Tier one Topaz – no minimal restrict
- Level two Obsidian – minimal one,200 KNC
- Level three Emerald – minimal four,000 KNC
- Level four Sapphire – minimal 14,000 KNC
When can I commence betting KNC?
From October 28, 2021 onwards, on the KrystalGO site.
What is Cristal?
Krystal is a multi-chain platform that will allow you to trade, earn passive earnings, deal with DeFi and NFT portfolios, and entry market place insights.
The swap token trading volume (in USD) will be employed for scoring. Krystal at present supports DeFi solutions on four blockchains: Ethereum, BSC, Polygon and Avalanche. To accumulate factors, you can trade on any blockchain.
- For support on setting up your wallet to commence trading on Krystal, you can observe the video tutorial here.
- You can discover a lot more particulars on website.
Krystal supports Desktop, Android, iOS and APK versions.
How are the factors calculated?
Krystal will determine your trading volume in USD for thirty days prior to the launch date of the IDO venture.
You get .one factors for every single one USD traded volume.
Krystal will accumulate and determine your trading volume on all Krystal supported blockchains (Ethereum, BSC, Polygon and Avalanche).
For instance:
Alice employs Krystal to transact across a number of blockchains. Its thirty day trading volume is as follows:
– $ one hundred on Ethereum, $ ten,000 on BSC, $ one,000 on Polygon, $ two,000 on Avalanche
Its complete trading volume is $ 13,one hundred. It will be divided one,310 factors.
Levels of participation
The amounts are named soon after the sort of gem.
Topaz
KNC Stacked: no minimal specifications
Example: one hundred KNC stake + two,000 USD trading volume = 300 factors
All eligible participants in this class will be collected
The qualifiers will be selected at random
When you qualify, you can buy .token IDO
obsidian
KNC aimed: minimal one,200 KNC
Example: one,500 KNC stake + 15,000 USD trading volume = three,000 factors
All eligible participants in this class will be collected
The qualifiers will be selected at random
Once you have competent, you can buy IDO tokens.
Emerald
KNC aimed: minimal four,000 KNC
Example: six,000 KNC stake + forty,000 USD trading volume = ten,000 factors
All eligible participants in this class will be assured an award.
Sapphire
KNC aimed: minimal 14,000 KNC
Example: twenty,000 KNC stake + 150,000 USD trading volume = 35,000 factors
All eligible participants in this class will be assured an award.
The quantity of tokens allotted in just about every tier will fluctuate by venture. This will be communicated to just about every IDO venture individually.
four Upcoming Projects – Start Preparing Now!
Krystal will quickly reveal a lot more facts on October 22 on the initially four tasks that will debut on KrystalGO. Among them, there are pegasi And RIFI United.
RIFI United has announced some unique facts here.
Get the very best swap charge for KNC on Krystal
Krystal is integrated with a number of DeFi protocols across a number of blockchains (KyberDMM, Uniswap, PancakeSwap, SushiSwap, Quickswap et.) To give you the very best token exchange charges.
You can exchange any token with KNC on your favored blockchain.
Tip: By trading KNC on Krystal, you can enhance your trading volume on Krystal. This will function in your favor when calculating factors for trading volume on Krystal.
Join the Krystal Vietnam local community on Telegram to update the most current facts: Announcement channel | Discussion channel
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