We’re thrilled to announce that Floki (FLOKI), Renzo Protocol (REZ), Neutron (NTRN), Saga (SAGA), and Stride (STRD) are all now accessible on Kraken!
Funding and buying and selling
FLOKI, REZ, NTRN, SAGA, and STRD have all entered post-only mode and buying and selling can be reside as of 17:00 UTC as we speak, July 16, 2024.
So as to add certainly one of these new property to your Kraken account, navigate to Funding, choose the asset you’re after, and hit ‘Deposit’.
Make sure that to deposit your tokens into the networks supported by Kraken. Deposits made utilizing different networks can be misplaced.
The brand new tokens are tradeable on Kraken and Kraken Professional with the next parameters:
| Asset | Pair | Worth decimal precision | Minimal order measurement | Minimal deposit |
|---|---|---|---|---|
| FLOKI | USD, EUR | 7 | 50,000 | 50,000 |
| REZ | USD, EUR | 5 | 50 | 50 |
| NTRN | USD, EUR | 4 | 2 | 2 |
| SAGA | USD, EUR | 3 | 2 | 2 |
| STRD | USD, EUR | 4 | 2 | 2 |
Observe: Buying and selling by way of Kraken App and Prompt Purchase can be accessible as soon as the liquidity circumstances are met (when a adequate variety of patrons and sellers have entered the marketplace for their orders to be effectively matched).
FLOKI and REZ are usually not accessible in Canada, or the US.
Right here’s some extra details about the token:
Floki (FLOKI), taking its identify from Elon Musk’s canine, launched as a memecoin in 2021. It has since expanded into an ecosystem prioritizing group and charitable endeavors, and boasts its personal gaming metaverse, market and staking platform. The FLOKI token can be utilized for funds, or interacting with dApps on Ethereum or Binance Good Chain.
Renzo (REZ) is a liquid spinoff platform that interfaces with EigenLayer, providing higher yields than easy ETH staking by securing Actively Validated Companies. Renzo simplifies the method for customers with its personal restaking technique supervisor, which calculates the very best threat/rewards within the ecosystem. REZ acts as a governance token, enabling customers to vote on proposals affecting the long run improvement of Renzo.
Neutron (NTRN) is a protocol enabling simple sensible contract deployment inside the Cosmos Hub. Its CosmWasm platform supplies prompt interoperability, granular management and a simplified dev expertise for events launching decentralized functions (dApps). Alongside ATOM, NTRN is used to pay for transaction charges, of which 75% are burnt.
Saga (SAGA) is a protocol that empowers builders to launch application-specific blockchains (or Chainlets) with ease. Its built-in stack permits anybody to spin up a high-performance, interoperable chain suited to their particular use case — with out the same old friction of working with blockchain tooling. The SAGA token serves a spread of functions, together with staking, securing the community and taking part in governance.
Stride (STRD) is a Cosmos-based blockchain that facilitates liquid staking inside the IBC. When customers stake with Stride, they obtain liquid staking tokens (LSTs) which can be utilized throughout DeFi protocols. STRD is staked to allow customers to earn rewards and take part within the protocol’s DAO.
Able to commerce however don’t have a Kraken account but? Enroll as we speak!
Will Kraken make extra property accessible?
Sure! However our coverage is to by no means reveal any particulars till shortly earlier than launch – together with which property we’re contemplating. All of Kraken’s accessible tokens could be discovered right here, and all future tokens can be introduced on Kraken’s weblog and social media profiles. Our shopper engagement specialists can’t reply any questions on which property we could also be making accessible sooner or later.
These supplies are for basic info functions solely and are usually not funding recommendation or a suggestion or solicitation to purchase, promote, stake, or maintain any cryptoasset or to have interaction in any particular buying and selling technique. Kraken makes no illustration or guarantee of any type, categorical or implied, as to the
accuracy, completeness, timeliness, suitability or validity of any such info and won’t be accountable for any errors, omissions, or delays on this info or any losses, accidents, or damages arising from its show or use. Kraken doesn’t and won’t work to extend or lower the value of any specific cryptoasset it makes accessible. Some crypto merchandise and markets are unregulated, and also you will not be protected by authorities compensation and/or regulatory safety schemes. The unpredictable nature of the cryptoasset markets can result in lack of funds. Tax could also be payable on any return and/or on any enhance within the worth of your cryptoassets and you need to search impartial recommendation in your taxation place. Geographic restrictions could apply.
