Final Chance Before POL Listing! POL LockDrop Special Rounds Are Coming!
03/31/2020, 20:02:55
Dear Pool-X Users,
The POL LockDrop Special Rounds will start on February 28, 2020. All users will be able to obtain a reserved share of POL by locking up BTC, ETH, KCS and TRX on KuCoin.
There are a total of 4 different sessions of LockDrop Special Rounds including BTC session, ETH session, KCS session and TRX sessions. Every session, users are able to lock up BTC, ETH, KCS or TRX on KuCoin and will be able to receive corresponding POL shares according to the lock-up amount. This part of POL share will be taken from 8% of the Budget System that was referred in the POL whitepaper.
After the POL/USDT pair gets listed on KuCoin, 20% of the reserved POL will be made available for users. The remaining 80% of the reserved POL can be acquired by participating in the business of the Pool-X platform. Also, users can accelerate the release process of reserved POL shares by inviting new users to stake on Pool-X or by participating in Net Buying.
Participation Qualification: Users who have a registered KuCoin account
Total Allocation: 80,000,000 POL (4 different sessions will equally share 20,000,000 POL)
How to Participate：
1. Users can select the lock-up token and receive the corresponding deposit wallet address on the LockDrop Activity Page of Pool-X.(The Activity Page is updating now and will be released soon)
2. Users can then withdraw the token to the specific wallet address (acquired from the previous step) via the withdrawal page on KuCoin.
*If the withdrawal is successful, it means that you’ve successfully participated in the LockDrop activity.
Friday 2.28 BTC Session
| Effective Period （UTC+8） | Soft Cap of Single User | Hard Cap of Single User | Hard Cap of the Whole Platform | POL Allocation | Lockup Address | Lockup Period |
| 10:00:00 - 12:00:00 | 0.04 BTC | 0.1 BTC | 100 BTC | 10000000 | LockBTC *Case Sensitive | 14 Days *Unlock before 3.14 |
| 16:00:00 - 18:00:00 | 70 BTC | 7000000 | ||||
| 22:00:00 - 24:00:00 | 30 BTC | 3000000 |
Saturday 2.29 ETH Session
| Effective Period （UTC+8） | Soft Cap of Single User | Hard Cap of Single User | Hard Cap of the Whole Platform | POL Allocation | Lockup Address | Lockup Period |
| 10:00:00 - 12:00:00 | 1.5 ETH | 4 ETH | 3500 ETH | 10000000 | LockETH *Case Sensitive | 14 Days *Unlock before 3.15 |
| 16:00:00 - 18:00:00 | 2450 ETH | 7000000 | ||||
| 22:00:00 - 24:00:00 | 1050 ETH | 3000000 |
Monday 3.2 KCS Session
| Effective Period （UTC+8） | Soft Cap of Single User | Hard Cap of Single User | Hard Cap of the Whole Platform | POL Allocation | Lockup Address | Lockup Period |
| 10:00:00 - 12:00:00 | 300 KCS | 800 KCS | 750000 KCS | 10000000 | LockKCS *Case Sensitive | 21 Days *Unlock before 3.24 |
| 16:00:00 - 18:00:00 | 525000 KCS | 7000000 | ||||
| 22:00:00 - 24:00:00 | 225000 KCS | 3000000 |
2.28 - 3.10 TRX Sessions
| Effective Period （UTC+8） | Soft Cap of Single User | Hard Cap of Single User | Hard Cap of the Whole Platform | POL Allocation | Lockup Address | Lockup Period | |
| 2.28 | 20:00:00 - 22:00:00 | 17500 TRX | 45000 TRX | 7000000 TRX | 4000000 | LockTRX *Case Sensitive | 21 Days *Unlock before： 3.21, 3.22, 3.23, 3.24, 3.25, 4.1 |
| 2.29 | 7000000 TRX | 4000000 | |||||
| 3.1 | 7000000 TRX | 4000000 | |||||
| 3.2 | 5250000 TRX | 3000000 | |||||
| 3.3 | 5250000 TRX | 3000000 | |||||
| 3.10 | No Limit | 2000000 | |||||
Users can check the progress of the hard cap of the whole platform for each round through the LockDrop Activity Page.
Unlock Rule: Users are not allowed to unlock tokens in advance.
Return Time: After the lock-up period expires,tokens(BTC, ETH, KCS, TRX) for the LockDrop will be returned to the original address.
POL Allocation:
For POL LockDrop Special Rounds, the total allocation is 80,000,000 POL and 4 different sessions(BTC session, ETH session, KCS session and TRX sessions) will share 20,000,000 POL equally.
POL allocation for an individual = The individual’s lockup amount in A session/ Total user’s lockup amount in A session * Total POL allocated in A session
*Example:
The user deposits 0.1 BTC in the BTC session of the LockDrop Special Rounds and the total lock-up amount is 100 BTC for the entire BTC session.
Therefore,
POL allocation for the user: 0.1/100*10,000,000=10,000 POL
Distribution and Acceleration: Please check the ‘Distribution and Acceleration Rules of Reserved POL’ section of Allocation and Distribution Rules for POL.
Hints
1. Users need to be registered on KuCoin to join this LockDrop activity;
2. We will not allow users to use the API function for this activity;
3. You will not receive the daily bonus or extra rewards during LockDrop periods;
4. The final interpretation of this activity belongs to the KuCoin group.
Risk warning: POL LockDrop is a risk investment channel. Investors should be sensible in their participation and be aware of investment risks. The KuCoin group is not liable for users’ investment gains or losses. The information we provide is for users to conduct their own research. It is not investment advice. The KuCoin group reserves the right of final interpretation of the activity.
Thank you for your support and understanding!
The Pool-X Team