At the beginning of bidding, a certain number of KTY tokens are set aside to be sold by auction. If it sounds confusing, let’s try and break it down. This will help determine the cost of KTY by choosing the least possible price after the bidding period is over, and each participant will get to buy the tokens at that price, no matter how much they had initially bid. Auctionĭubbed the KTY Dutch auction, this event will precede the KittieFIGHT volcano yield farming, where participants will get the chance to set the price of KTY by sending bids. During a six month period, participants are rewarded handsomely in KTY and SDAO tokens. Owners of KTY tokens will have a chance to provide on-chain liquidity on the network by staking Uniswap liquidity tokens. Then after the auction, they can use the KTY tokens to participate in a lucrative yield farming program that will take place on the Uniswap V2 pool. KittieFIGHT is offering fans of the digital pet game a chance to earn KTY tokens through an auction. Almost three years since Cryptokitties took the crypto world by storm, it seems the game is back at it again, this time with KittieFIGHT, one of the games based on the platform.

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