Komodo to Host Contest
Komodo is hosting a contest where participants have the opportunity to win a share of $200 in USDT. The contest involves the use of the Komodo wallet and the sharing of a USDT BEP-20 address. A total of 10 winners will be selected, each receiving $20. The contest is set to conclude on December 28th at 13:00 UTC.
Refer to the official tweet by KMD:
🦎 Komodo@KomodoPlatformDis 15, 2023New contest! 🎅🦎
Follow instructions on the graphic for a chance to win a share of $200 in $USDT. 10 winners x $20 each
Must use Komodo Wallet and share $USDT BEP-20 address
â° Ends December 28, 13:00 UTC#crypto #DEX #DeFi #contest #cryptocontest pic.twitter.com/k1ccFRMKbL
KMD Info
Komodo (KMD) is an open platform for cryptocurrencies that offers a comprehensive set of tools for blockchain development.
Komodo offers the following features:
Decentralized Exchange: Komodo's AtomicDEX provides a secure means of exchanging cryptocurrencies without the need for a centralized exchange.
Anonymity: Komodo utilizes zk-SNARK technology to ensure transaction anonymity and confidentiality.
Security: Komodo employs a mechanism called "Delayed Proof of Work" (dPoW) as its consensus algorithm. This means that data from the Komodo blockchain is regularly recorded on the Bitcoin blockchain for an additional layer of security.
Smart Contracts: The Komodo platform supports the creation and execution of smart contracts.
Sharding: Komodo utilizes sharding technology to ensure scalability of its network.
At the core of the Komodo (KMD) coin is an active use mechanism. KMD holders can earn up to 5% annual interest for holding the coin in their wallets.