Porta Network, a new Layer 1 blockchain built with Substrate, is launching staking for its token $KIAN on Thursday 18th November at 1pm UTC.Holders will be able to stake $KIAN tokens to receive $KIAN tokens as an award.Staking PoolsToken holders can stake $KIAN in the following pools:Pool 1Duration: 30 daysAPR: 30%Minimum lock up: 14 daysMaximum stake: 50,000 $KIANThis pool is initially capped at 3 million $KIANPool 2Duration: 60 daysAPR: 50%Minimum lock up: 21 daysMaximum stake: 50,000 $KIANThis pool is initially capped at 2 million $KIANPool 3Duration: 90 daysAPR: 70%Minimum lock up: 30 daysMaximum stake: 50,000 $KIANThis pool is initially capped at 1 million $KIANAhead of the launch, Shane Benjamin, Founder & CEO of Porta Network, had this to say about the $KIAN staking "After rewarding Porta community and our testnet validators, the project wanted to reward long-time and new $KIAN holders for their support of the network."How to Stake $KIANTo stake $KIAN simply visit stake.porta.network and follow the steps outlined below:Step 1Add $KIAN via the Binance Smart Chain network to a Metamask wallet.To acquire $KIAN simply vist the following exchanges: MEXCBiboxPancakeSwap (Contract address: 0x5ece3f1542c4e1a06767457e4d8286bea772fc41)Step 2Visit stake.porta.network to stake $KIAN.Step 3Connect a MetaMask wallet to the staking platform.Step 4Select a staking pool by clicking on the “Stake $KIAN”. Step 5Allocate $KIAN tokens and click on the “Stake $KIAN” button to stake tokens.Step 6Check how much $KIAN that has been staked. To claim rewards each day at 6pm UTC.Any questions about $KIAN staking, simply head to Porta’s Discord in the #staking channel or join the Telegram to contact the team.About Porta NetworkPorta is a Substrate-based, Nominated Proof-Of-Stake blockchain network. It consists of a relay network along with custom blockchains networks connected to it. Each blockchain is sector-specific, built for fast-growing sectors such as NFTs, Gaming, DeFi and more.Porta’s unique infrastructure design enables its ecosystem to maintain high performance while it adapts and scales to bring blockchain to the masses.
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