Stake ETH 2.0 To Share an ETH Prize Pool Worth $20,000!

2023/04/18 12:04:59

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Dear KuCoin Users,

The Ethereum Shapella upgrade has been completed successfully. KuCoin will soon support ETH 2.0 staking and withdrawals.

To thank our users for their support, KuCoin Earn is introducing a limited-time staking event: Stake ETH 2.0 to share an ETH prize pool worth $20,000!

Event Duration:

From 04:00:00 on April 18 to 04:00:00 on April 28, 2023 (UTC)

How to Participate:

During the event period, users who have exchanged and staked through Convert ETH2 and hold at least 0.05 ETH2 will receive a share of $20,000 worth of ETH prize pool in proportion to the ETH2 they hold relative to the ETH2 held by all users.

(Individual Reward = Amount of ETH2 Held by Individual / Amount of ETH2 Held by All Users * Prize Pool)

Event Details:

1. During the event period, all users who have participated in the Convert ETH2 or successfully converted ETH2, and hold 0.05 ETH2 or more are eligible to receive rewards.

2. From April 18 to April 28, 2023, KuCoin Earn will take snapshots of users’ ETH2 holdings daily. Users who hold an average of 0.05 ETH2 or more during the event period will be considered eligible, with rewards being calculated based on their average proportion of ETH2 held.

3. $2,100 will be the ETH/USDT exchange rate used for reward distribution.

4. ETH rewards will be distributed within 15 working days after the event ends.

5. KuCoin reserves the right to change or cancel any event or event rules at its sole discretion.

Not Investment Advice: KuCoin cannot provide users with any investment advice, legal advice, tax advice, or other advice related to this KuCoin Earn Event. Any information published by KuCoin or sent to users by KuCoin related to this event does not constitute investment advice, legal advice, tax advice, or any other form of advice. Users who require professional advice concerning this KuCoin Earn event should seek the counsel of financial professionals, legal professionals, tax professionals, or other service professionals. Users are fully responsible for their own investment decisions, and KuCoin will not be liable for any potential losses resulting from such decisions.

Applicable Law and Jurisdiction: The interpretation and validity of these rules, along with the determination of users’ rights and the organizer of this KuCoin Earn event, shall be governed by the laws of the Republic of Seychelles. Moreover, the courts of the Republic of Seychelles shall have exclusive jurisdiction over any disputes arising out of these rules or the event itself.

Right of Interpretation: KuCoin reserves the right to the final interpretation of these rules. The user shall agree to and abide by KuCoin’s interpretation of or decision regarding these rules, along with any events or sub-events held in accordance with these rules.