KuCoin Lists Analog (ANLOG) Token, Launches ANLOG Farming on GemPool

The crypto exchange KuCoin has announced the listing of the Analog (ANLOG) token on its spot trading platform.

Crypto exchange KuCoin has announced the listing of Analog (ANLOG) on its spot trading platform.

According to the announcement, the ANLOG/USDT trading pair will be available for trading at 11:00 UTC on January 24, 2025.

Deposits for ANLOG are now open on the Mainnet, allowing users to prepare for trading before the January 24 launch. Withdrawals, on the other hand, will begin at 10:00 UTC on January 25, 2025.

In addition to traditional spot trading, KuCoin stated that the trading pair will support various trading bots, including Spot Grid, Infinity Grid, DCA, Smart Rebalance, and AI-enhanced options like Spot Grid AI Plus and AI Spot Trend.

KuCoin Launches Analog (ANLOG) on GemPool

Analog (ANLOG) has also been added to KuCoin's GemPool, giving users the chance to farm ANLOG tokens by staking KCS, USDT, or ANLOG.

The campaign begins today, January 21, at 11:00 UTC and will continue until January 31, 2025, at 11:00 UTC. Participants can earn rewards from a total prize pool of 9,090,900 ANLOG, which will be divided among three staking pools.

During the campaign, users must complete KYC verification to participate. The daily reward cap per user is 150,000 ANLOG for the USDT and KCS pools and 80,000 ANLOG for the ANLOG pool.

Furthermore, KuCoin is offering two bonus programs to encourage participation. Users who complete a quiz with all correct answers will receive an additional 10% bonus, while VIP users can earn bonuses of up to 20% based on their VIP tier.

Staking rewards for the ANLOG pool will be distributed between January 24 and January 31.

KuCoin's GemPool is a service that allows users to maximize their crypto earnings, and this new listing demonstrates the platform's dedication to expanding opportunities for its community.

What is Analog?

Analog is an omnichain protocol that simplifies blockchain interoperability. Analog employs a decentralized Timechain consensus layer and Threshold Signature Scheme (TSS) for validating cross-chain operations, unlike traditional bridge solutions.

This approach enhances security, consolidates liquidity, and provides developers with a platform for building cross-chain decentralized applications (dApps).

Developers can use Analog to easily create innovative, multi-network dApps without relying on centralized systems.

Meanwhile, the announcement by KuCoin marks the continuing series of token listings in recent weeks, with Nodecoin, SYNTHR, and DUCK being among the recent ones.

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