Komodo Airdrop is an open, composable multi-chain platform. With blockchain development roots going back to 2014, Komodo is consistently recognized as a pioneer of multi-chain architecture in the blockchain space.
Today, Komodo focuses on providing business-friendly blockchain solutions that are secure, scalable, interoperable, and adaptable. Komodo’s current technology suite, the Antara framework, offers tools for end-to-end blockchain development, including a customizable, application-specific Smart Chain complete with a library of built-in modules and an open API for building blockchain-based applications.
Komodo Airdrop will bring about the anonymity of Zcash along with the NXT style PoS security, the witness based consensus system inspired by Bitshares, and the security and reliability of the Proof of Work Bitcoin Blockchain, which is a tested and proven system kept by thousands of nodes.
Hold a minimum of 1 KMD in your Binance wallet to qualify for staking rewards.
Binance will take daily snapshots starting from 2019/07/24 at 00:00 AM UTC and distribute rewards monthly.
KMD staking distribution will be calculated as follows:KMD generated by each user = Total KMD staking rewards received by Binance * User KMD holdings ratio. User KMD holdings ratio = User KMD holdings / Total KMD staked by Binance.
Rewards will be calculated daily and distributed on the 5th of every month. The initial distribution of KMD staking rewards will be calculated up until 2019/09/01 and the average user KMD balances will be calculated based on the daily snapshots and the staking rewards will be distributed on September 1st, 2019.
An additional 250,000 KMD from prior staking activities will also be distributed to KMD holders based on their average daily holdings.
Staking is done automatically by Binance, so there’s no manual action required.
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One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.