Karmaverse launches staking reward system

ChainCatcher news, Karmaverse official Twitter message, the game metaverse Karmaverse launched its first staking reward event on November 14, 2022, at 12:00 AM (UTC). Unlike traditional staking reward algorithms, this staking uses the unique PoS-T algorithm mechanism, providing time-weighted benefits to stakeholders. Users can earn exclusive tokens called Soul Gems, which can be exchanged for various rewards.

It is reported that the launch of the staking reward system marks Karmaverse's commitment to invest a total value of 5 million dollars in rewards for community ecosystem incentives. The project team plans to launch the ecosystem passport system (Karmaverse PASS) in the next phase, continuously empowering the ecosystem.