Kadena to Reopen Lockup Program on October 28th
2024-10-26
Category: gaming


Kadena announced that the Cabinet Lockup-1 will reopen on October 28th from 06:00 to 08:00 UTC. The reopening will enable on-chain polling activities with up to 10% KDA rewards available.
 Refer to the official tweet by KDA: 
The Kadena Cabinet Lockup-1 will reopen next week.
Become a Cabinet Member and participate in on-chain polling to earn up to 10% in $KDA rewards.
📅 October 28, 1-3 AM EST pic.twitter.com/CvTlkOXSxj
KDA Info
Kadena is a public blockchain platform that provides a secure, scalable, and user-friendly environment for developing and launching distributed applications (dApps).
One of the unique features of Kadena is its utilization of a new form of Proof-of-Work (PoW) in its consensus protocol. This protocol, called "Chainweb," is designed to achieve high throughput and scalability while maintaining security and decentralization.
The Kadena token (KDA) is a digital currency that is used to pay for computation on the Kadena public chain. Similar to ETH on Ethereum, KDA on Kadena is the token in which miners are compensated for mining blocks on the network and is the transaction fee that users pay in order to have their transactions included in a block.