Farming, Airdrops, and Burns: How KIRA is Transforming Xport Hub
Hello Xport Hub Community!
We'd like to share our plans regarding the KIRA token.
Currently, there are two ways to farm KIRA: engaging with Xport Hub activities, such as sending NFTs and tokens, listing, claiming, canceling NFT market orders, and purchasing NFTs and tokens on the ITO and marketplace. These actions earn you points, which you can claim to receive KIRA!
The second method is through challenges that we announce as needed. Farming KIRA through app interactions is a simpler way to earn tokens, but it also requires paying network fees. On the other hand, farming KIRA through social interactions doesn't require additional investments, though there are limits to how many tokens you can earn this way. This might give the impression that your share of KIRA is diluted and your staking rewards will be significantly lower. However, this is not entirely accurate. The circulation of the KIRA token will significantly decrease after the hackathon concludes! Here's why:
We are competing for the 2nd and 3rd milestones in the Klever Hackathon, which can only be achieved with a sufficient volume of transactions generated by the project. Therefore, our current focus is on increasing the number of transactions. Why are users farming KIRA? Because itβs the only way to participate in the mega airdrop we promise to conduct if we win the hackathon. We will distribute a significant portion of our prize money, which will be over 5000 USDT. By participating in KIRA farming, you get a chance to join this large-scale airdrop.
Understanding that this promotion will significantly increase KIRA's circulation, we have introduced an additional condition for airdrop participants that will allow us to significantly reduce the circulation of the KIRA token after the hackathon. So, what do you need to do to get your share in the airdrop?
Accumulate a sufficient amount of KIRA.
Purchase a special series NFT from the OMNI Gallery collection using KIRA.
Wait for the completion of the 2nd and 3rd milestones of the hackathon and the distribution of your rewards!
All KIRA tokens obtained from this sale will be burned! This will remove a significant portion of KIRA tokens from circulation, greatly increasing the value of the remaining tokens!
Now, let's talk numbers.
To purchase 1 NFT from the Omni Gallery, you'll need 8500k KIRA. A total of 400 NFTs from this exclusive series will be issued. All issued NFTs will remain with the holders and will gain unique status and additional privileges within the XPORT Hub ecosystem.
Thus, KIRA holders can choose the path that suits them best. Whether you decide to claim your share of the XPort Hub prize pool or remain a KIRA holder and participate in the ongoing journey of this exciting project is up to you. In either case, you will always be a valued member of the Xport Hub community, contributing to the growth and development of our platform through your active engagement.
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