The Santo Spirits Club loyalty program will reward members with tiered perks, including an opportunity to win a virtual tequila tasting with Hagar and Fieri, as well as autographed guitars.
While the product offers investors single-asset exposure to the liquid staking leader, the Switzerland-based firm classified this product as class 7 risk, the highest level.
Chorus One’s bet on Urbit’s future growth is described by executives as a natural extension of the company’s staking services on blockchains including Ethereum, Solana, Cosmos and Polkadot.
“Altcoins can crash this weekend even more as trading volumes are thin and market makers such as Binance have become less active,” one crypto firm warned.