Weekly Update 12/6–12/12

4 min readDec 13, 2021

This update covers the period from Dec 6th — Dec 12th, 2021.

In this weekly report, we introduced LP Vault, announced a partnership with Meli Games, and more.

Part One: KAKA LP Vault Has Launched

On December 8th, KAKA LP Vault went online after the launch of Governance Vault. LP Vault allows you to earn competitive interest by staking USDT-KAKA LP. The tiered annualized rate of return on the LP Vault is based on the lock-up period you choose to stake in the vault. Staking for 30 days, 90 days, and 365 days to earn 40%, 60%, and 100% interest. Unlike the Governance Vault, staking in LP Vault, you can receive two earnings. Not only receiving $KAKA as interest from the vault but also earning LP rewards APR for providing liquidity on PancakeSwap.

Part Two: Partnership with Meli Games on Santa KA-Laus is Coming to Town

On December 3rd, KAKA announced the Christmas event upgrade, and more tokens would join the prize. KAKA invites the public to join the event and reward the community for more benefits.

On December 10th, KAKA introduced the first mystery token, 50,000 $MELI from Meli Games, added to the award.

Santa KA-Laus is Coming to Town is a great event that KAKA officials prepared for all KAKArians to celebrate the incoming of Christmas. Each $KAKA holder needs to stake only 2 $KAKA tokens and get a chance to win a Medusa NFT, which is worth 100,000 $KAKA, 50,000 $MELI, and more mystery tokens. There will be only one winner who wins the reward. There are over 12K KAKArians staked on it so far. The winner will be announced on the day of Christmas, December 25th.

About MELI

MELI is a battle game utilizing playable NFTs with individual characteristics, referred to in-game as a Meliora. Players have several options when obtaining a Meloria, they can battle PvP or PvE to earn rewards, increase ranking or combine two NFTs to create a new, unique character NFT with special abilities.

Part Three: Airdrop Distribution

The airdrop rewards have been distributed. Winners can go to the KAKA Airdrop page to receive the rewards.

Three Types of Airdrops

1. For KAKA CMC Airdrop Event-Lucky Winners token rewards, there are 333,334 KAKA tokens to be distributed. Users can check their rewards by visiting the Airdrop Distribution page, searching their addresses in the searching box, and claiming the rewards.

2. For NFT Cards rewards, refer to the CMC token airdrop distribution.

3. For Bag of Gold rewards. Let me explain the definition of it first. Bag of Gold is the name for airdrop NFTs which are special rewards for those who had participated in the airdrop events or lotteries and won the $KAKA tokens. Users who hold these airdrop NFTs can go to the official website event page by searching their addresses to get the token rewards at a particular period. Users start to receive their tokens on December 25th, 2021.

Noted: For all airdrop distribution, winners should claim the rewards in 7 days starting from December 10th. Otherwise, unclaimed rewards will be burnt.

Part Four: KAKA Rabbit Wizard Series Limited Release

KAKA will release 10 KAKA Rabbits every Wednesday at 4:00 AM UTC on the Binance NFT marketplace. Last week, KAKA released Wizard Series and sold out shortly at the issue price of $399 BUSD.

About KAKA NFT World

KAKA NFT WORLD is a competitive gaming ecosystem platform focusing on the metaverse blockchain gaming sector. It is committed to combining the application of NFT+DEFI in the ecosystem, constructing a cross-chain bridge based on the concept of global decentralization, integrating various IPs of global brands, and creating Decentralized Autonomous Management (DAO). It aims to create a prediction agreement perpendicular to the e-sports prediction market, and an open, transparent, decentralized, and complete project for the ecosystem. The main sectors are divided into the two following categories: providing services such as R&D, sales, trading, circulation, e-sports, and trendy games for game and art NFTs; focusing on the prediction market in the field of e-sports (Prediction Market).