The CAPS token of the Ternoa blockchain is now available on the Bybit platform. This new listing brings CAPS a significant gain in visibility. In parallel, many events are organized to reward the Ternoa community, including a staking program.
Ternoa’s CAPS arrives on Bybit
Ternoa is a project of a French startup, Capsule Corp, whose goal is to provide a platform for securely storing and transmitting data, with a focus on storing non-fungible tokens (NFTs). To do this, the project leverages the Polkadot blockchain and the Ternoa network’s native cryptocurrency, CAPS.
The CAPS token of the Ternoa blockchain plays many roles within the Ternoa ecosystem. In particular, it allows you to participate in the governance of the protocol, but also to rent decentralised storage space on the networks of Arweave, Sia and Storj or to buy NFTs on the SecretNFT marketplace, Ternoa’s native NFT platform.
The Ternoa blockchain consensus is called Nominated-Proof-Of-Stake (NPos), validator nodes lock CAPS and participate in the development and validation of transactions. For this service, they are paid in CAPS tokens.
Ternoa’s blockchain has its own application, the Ternoa Wallet App, which allows you to discover its ecosystem.
Ternoa’s $CAPS is coming to @Bybit_Official!
Trading starts on March 30th, 2022 10:00 AM UTC
CAPS/USDT (ERC20 & BEP20)
Deposit now availableBybit is an exchange having over $10B daily trading volume with over 5 million users globally. pic.twitter.com/fTWbfMNPeE– Ternoa (@Ternoa_) March 29, 2022
Since March 30th, Bybit has added the CAPS token of the Ternoa blockchain to its catalogue. To access it, simply log on to the Bybit website and search for the CAPS/USDT pair (ERC20 or BEP20).
Ternoa and Bybit have also planned a series of events for the occasion: a staking programme, a quiz and even a “Buy to Earn” competition with prizes. So be sure to follow Ternoa’s Twitter account to keep up to date.
If you don’t know Bybit yet, it’s a cryptocurrency trading platform based in Singapore. This fast-growing platform has over 5 million users and $10 billion in daily trading volume. Bybit offers advanced trading tools, including derivatives services.
A CAPS staking program on Bybit
In addition to the listing, Bybit offers a flexible CAPS staking program up to 999% APY.
This program takes place from today: from March 30, 2022 to April 28, 2022. This 1 month event allows for a maximum of 4,300 CAPS per user to be staked.
It should be noted that this staking program will support a maximum of 8,110,000 CAPS, so if you have tokens, don’t delay in depositing them by visiting this page.
How does it work
The flexible staking of CAPS tokens takes place in 3 steps:
- Stake your CAPS during the initially announced staking window;
- Start receiving your returns;
- Your earnings will be deposited into your Earn account daily, as long as your CAPS continue to be staked, until the end of the staking period.
Furthermore, it is possible to de-stake your CAPS at any time.
Thanks to its listing on Bybit, considered as a tier 1 exchange, the CAPS of the Ternoa blockchain offers itself a significant gain in visibility. In addition, since the announcement of its listing on Bybit, the price of the CAPS token has risen by 65%, from nearly $0.040 to over $0.066.
