Fri, April 26

Alkimi Exchange To launch a Staking Pool on Exchanging Platform Lattice

Alkimi Exchange To launch a Staking Pool on Exchanging Platform Lattice Editors News
  • Staked tokens are locked in for three months.
  • This is Alkimi Exchange’s debut launch and smart contract implementation.

Lattice Exchange, decentralised finance (DeFi) platform that enables users to send and receive crypto across multiple ecosystems. Using Constellation’s free Hypergraph network, the platform decreases risk, costs, and friction for traders while boosting transparency. Lattice is a cross-chain asset exchanging platform featuring DeFi incentives and rewards. 

Interoperability between blockchains and big data infrastructure is enabled by Constellation Network Inc.’s decentralized network and ecosystem. Incorporating Constellation’s distributed network (Hypergraph) allows for quick, zero-trust solutions for businesses and the US government.

Tomorrow, Alkimi Exchange introduces a Staking Pool on Lattice. The staking pool for up to 30 million $ADS tokens opens on November 24th, 5 pm GMT, and concludes on December 24th, 5 pm GMT.

Benjamin Putley, CEO & Co-Founder:

“The staking pool is the first step on our roadmap and I’m hugely proud of the team for delivering it so effectively. The Bandwidth Pool will establish the bandwidth required to support our Something For Nothing program, where we are paying publishers NOT to show ads. In Q1 next year, we will start working with the world’s best publishers to show fewer, but more relevant ads. This will allow us to support publishers showing fewer, better ads on the internet. We want to reward users for browsing the internet and with this milestone we are one step closer to doing just that. Bad advertising broke the internet, let’s fix it with $ADS”.

This development follows previous announcements of the exclusive AlEx, the Alkimist NFT Rewards Collection, over 2,100 wallet holders, and Unizen and MEXC listings.

Constellation Network COO & Co-Founder Mathias Goldmann adds:

“We are very excited to see Alkimi Exchange pave the way for a new era of how people are interfacing with digital technologies and the internet through $ADS. This quality increase is driven by utilizing the Constellation Hypergraph in combination with DeFi staking dynamics and NFTs. The results will be a cleaner and better Internet with a sovereign user at the center.”

Pool of 500 Special NFT’s

Those staking 10,000 $ADS tokens or more will be able to draw an NFT from a pool of 500 special NFTs. Staked tokens are locked in for three months. NFTs are classified as Ultra-Rare, Medium-Rare, Rare, Common, and Community. The Ultra-Rare, Medium-Rare, Rare, and Common NFTs reveal extra deposit prizes. 2.5 million $ADS tokens are available.

Alkimi Exchange COO and Co-Founder Adam Chorley said:

“we want to reward the Alkimi Community for staking and holding $ADS, just like they will be when the exchange is live next year. We have an amazing community, and this is to say thanks for all the support they’ve given us this year!”

This is Alkimi Exchange’s debut launch and smart contract implementation. Users may join the staking pool through Lattice Exchange (Lattice.exchange) and learn more about staking on Lattice. This milestone is significant for Alkimi Exchange’s objective to reduce and improve internet advertisements, rewarding people for surfing rather than penalizing them.

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A trader himself, Rossi has 7 years of experience trading in the forex market and the passion for writing has brought him to Newscrypto. He is the perfect combination of market knowledge and writing skills, making him one of the most sought-after writers on cryptocurrency.