Kaia will launch its first CR Mission, with USDT and KAIA paired at a 1:10 ratio

Foresight News reports that L1 blockchain Kaia announced on Twitter that it will launch its first CR Mission. This mission requires pairing Kaia native USDT with KAIA at a ratio of 1 USDT : 10 KAIA. The early deposit channel will open on July 16.

According to Foresight News, Kaia revised its tokenomics in March this year, modifying the original Proposal Reward (PR) system to the Contribution Reward (CR) system. This system requires participants (mainly governance committee members and delegates) to provide a large amount of USDT liquidity to develop DeFi infrastructure on Kaia.