According to ChainCatcher news, Binance's pioneering contract delivery protocol KOI-BSC50 will launch its staking activity on April 29 at 4:00 PM UTC, attracting widespread attention. This protocol was approved by community voting, originally set at 40% Fair Mint, meaning that out of a total of 28 billion $KOI, 20% will be donated to the staking pool as staking rewards for community users. This plan was supported by 99% of community members in the vote.The staking activity is divided into 3 phases, with the first phase offering a total of 7 billion $KOI in rewards. Stakers will receive double returns: for every 1 $KOI staked, they will receive 2 $KOI as a reward. The staking interest rate is 4% per day!Each address is limited to staking 50 million $KOI. The total staking limit for the first phase is 3.5 billion $KOI, and the activity will end once the reward pool for the first phase is fully distributed.

ChainCatcher message, KOI-BSC50 protocol @KOI_BSC50 announced the introduction of technology based on the ERC50 standard to the BNB Chain (BEP20) to enhance the protocol's performance in cross-chain functionality and efficiency. This move not only expands the technical boundaries of KOI-BSC50 but also provides BNB Chain users with more efficient and flexible trading options.Through this technological expansion, the KOI-BSC50 protocol has improved the query efficiency of the block explorer and offers instant exchange and staking features with BNB. Leveraging the technical advantages of ERC50, the implementation of the KOI-BSC50 protocol on the BNB Chain aims to reduce transaction slippage, lower fees, and provide a convenient and secure trading method, further optimizing the trading process and user experience.