KEY TAKEAWAYS
- KuCoin introduces Yuliverse (YULI) to its GemPool, allowing users to stake KCS and USDT to farm YULI tokens starting January 21, 2025.
- Trading for Yuliverse (YULI) on KuCoin begins on January 23, 2025, with a total reward pool of 15,000,000 YULI tokens available for stakers.
- Participants can earn additional bonuses by completing quizzes and through VIP level benefits, enhancing their staking rewards.
- Yuliverse is a Web3 location-based alternative reality game, offering unique tokenization features through its YuliGO Mini Dapp on the Kaia chain.
KuCoin has announced the addition of Yuliverse (YULI) to its GemPool, offering users the opportunity to stake KCS and USDT in dedicated pools to farm YULI tokens. The staking event is set to commence at 12:00 on January 21, 2025 (UTC), as detailed here.
The trading of Yuliverse (YULI) on KuCoin will begin at 12:00 on January 23, 2025 (UTC). The GemPool campaign will run from January 21 to January 28, 2025, with a total reward pool of 15,000,000 YULI tokens. Participants must complete KYC verification to engage in the staking process.
Staking and Reward Details
During the campaign, users can stake their tokens in either the USDT or KCS pools, each offering a total of 7,500,000 YULI in rewards. The daily reward cap per user is set at 320,000 YULI for each pool. Rewards are calculated based on the proportion of a user’s staked tokens relative to the total staked tokens in the pool.
Additional bonuses are available for participants. Completing a quiz with correct answers can earn users an extra 10% bonus. VIP users can receive exclusive bonuses ranging from 10% to 20%, depending on their VIP level.
About Yuliverse
Yuliverse is a leader in Web3 location-based alternative reality games, similar to Pokémon GO, and has a significant presence on social media platforms. The project includes the Yuliverse gaming app and YuliGO, a Mini Dapp based on the Kaia chain, developed by LINE and Kakao. YuliGO allows users to tokenize shared moments, enabling them to earn from the network using the YULI token.
Participants should note that tokens can only be staked in one pool at a time, and rewards are calculated from the day following the staking (T+1). Users can claim their rewards daily at 13:00 UTC. The event excludes participants from certain regions, including Singapore, Mainland China, and the United States.
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 to GemPool, allowing users to stake KCS and USDT to farm YULI tokens. Trading starts January 23, 2025.){kind=link}