Nord Staking V3 launch with $KRIDA Staking Program

3 min readJan 31, 2022

We are excited to announce the Nord Staking V3 launch. We’ll start onboarding various projects on the Nord Staking platform to help them offer staking of their tokens with the help of the Nord Staking platform.

We are excited to launch the first token $KRIDA of the KridaFans on Nord Staking. $KRIDA Native Staking will be going live on 31st January 2022 at 5:30 PM UTC. This will enable users to stake $KRIDA as a single asset on the Polygon chain for $KRIDA holders to get the best yields on staking.

Nord Finance will provide a robust platform for Kridaks to have the benefit of staking. With improved liquidity and cheaper transaction fees on Polygon Chain, KridaFans users can now do single asset staking, i.e. Stake $KRIDA tokens and earn rewards!

Additional 20% rewards in the form of $KRIDA tokens are available for $NORD Stakers!

Note: $KRIDA APY is dynamic and can change with a number of $KRIDA tokens staked

$KRIDA staking Guide:

Step 1: Visit Nord Finance dApp, and go to the “Staking” tab

Staking Dashboard

Step 2: Switch your wallet network to Polygon and connect the wallet

You can use this guide, to change the network to Polygon on your favourite wallet and connect the wallet.

Switch network to Polygon and Connect the wallet

Step 3: Stake $KRIDA to earn rewards

Enter the amount of $KRIDA tokens you wish to stake, and then click on the “Stake” button and confirm the transaction. After staking, you will generate the rewards; click on “Claim” to claim your $KRIDA tokens. You can also “Reinvest” your rewards.

Stake $KRIDA, Claim and Reinvest $KRIDA rewards

For detailed instructions, visit the $KRIDA Staking Guide.

Note: There will be 7 days of the unbounded period during the un-staking process.

About KridaFans:

KridaFans is a next-generation fantasy sport and social platform on the blockchain. It differentiates itself from other blockchain and non-blockchain platforms with features such as skill-based scarcity, low entry barrier, detail-rich NFTs, in-game NFT marketplace, and social reputation as non-transferrable multichain NFT.

About Nord Finance

Nord Finance, a blockchain agnostic platform, is a next-level decentralized finance ecosystem directed at simplifying the concept of decentralized money for its clients by featuring conventional money’s key components. NORD Finance is built on Ethereum Network. Multichain interoperability of NORD Finance powers a plethora of financial primitives, which constitute savings, advisory, loans against assets, investment/funds management, and swaps.

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