$KIT is a utility token designed specifically for our staking program. 1 $KIT can be redeemed for one genome sequencing kit, valued at $300. By staking your $GENOME tokens, you’ll earn $KIT at attractive rates, giving you access to cutting-edge genomics technology while supporting a decentralized ecosystem.
We’ve set an Annual Percentage Yield (APY) of 50% for staking $GENOME. This means that over the course of a year, you’ll earn rewards equal to the amount of $GENOME you’ve staked. For example:
If you stake 10,000 $GENOME, you’ll earn the equivalent of 10,000 $GENOME in rewards after one year
At a price of $0.03 per $GENOME, this staking yield is equivalent to $300, or 1 $KIT.
If you stake 20,000 $GENOME, you’ll earn the equivalent of 10,000 $GENOME in rewards after one year.
At a price of $0.03 per $GENOME, this staking yield is equivalent to $300, or 1 $KIT.
Earning 1 $KIT requires $300 worth of rewards. With a 50% APY, you'll need to stake enough tokens to generate a full year's worth of rewards. This means staking 20,000 $GENOME tokens for one year will earn you 1 $KIT (if GENOME is $0.03).
Flexible staking periods come with proportional rewards. Here's what you can expect for a one-month commitment (1/12 of a year):To receive 1 $KIT token, you'll need to accumulate 10,000 $GENOME in rewards. This means staking 240,000 $GENOME tokens for one month will generate enough rewards to claim 1 $KIT (if GENOME is $0.03)
Redeem your $KIT for a genome sequencing kit and take control of your genetic data.
Earn While Supporting Innovation
Your staking activity helps strengthen our decentralized genomics ecosystem, enabling advancements in health and biotech.
Attractive Returns
With 50% APY, staking $GENOME offers real world assets while directly contributing to tangible benefits.
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