KuCoin Launches FORM Staking: Earn Rewards in New Campaign

Generated by AI AgentCoin World
Wednesday, Feb 26, 2025 2:21 am ET1min read

Crypto exchange KuCoin has launched a new staking program for the emerging project, Form (FORM), allowing users to stake tokens and earn rewards. The campaign, which kicked off on February 26, 2025, will run until March 6, 2025.

Users can stake USDT, KCS, and FORM in different pools to earn FORM rewards. The campaign started at 12:00 UTC on February 26 and will continue until 12:00 UTC on March 6. KuCoin has confirmed that FORM will be listed on its exchange, with further details expected soon.

The GemPool campaign will give out a total of 62,500,000 FORM from its 5 billion total supply across all staking pools. The USDT and KCS pools each have a daily reward limit of 900,000 FORM, while the FORM pool has a lower daily reward cap of 800,000 FORM. Users must complete KYC verification to stake.

Rewards will be calculated based on how much each user stakes, with hourly snapshots of user balances taken to ensure fair distribution. Rewards will be given out daily, starting the day after staking (T+1).

KuCoin is also offering extra perks to users who join the GemPool campaign. Users who ace a quiz will get an extra 10% FORM bonus, while VIP users can receive bonus rewards ranging from 10% to 20% depending on their VIP level.

Form is a Layer 2 blockchain designed for SocialFi, using bonding curves in digital economies. The project aims to transform social interactions into active markets, catering to creators, communities, and AI agents. FORM has raised $12 million from investors like Animoca, Galaxy, Balaji Srinivasan, and Arthur Hayes, and is working with industry leaders like Celestia, Hyperlane, Caldera, and Roll to grow its decentralized SocialFi world.

KuCoin's decision to launch FORM staking on GemPool reflects the growing interest in SocialFi, with recent listings like Navigate and DIN also demonstrating the exchange's commitment to bringing new tokens to the market.

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