FRM-45D Staking Now Available, Enjoy an APR of 30%
01/27/2021, 18:36:00
Dear Pool-X Users,
Pool-X will be launching FRM-45D Staking together with the Ferrum Network (FRM) project at 10:00:00 on January 28, 2021 (UTC). The available staking product is “FRM-45D” with an APR of 30% (excluding POL mining).
*During the staking period, in addition to the staking benefit from the project, users can also get a share of the POL mining rewards every day!
The details can be found in the table:
| Staking Product | Subscription Period (UTC) | Staking Period (UTC) | Expected APR (*Excluding POL rewards) | Soft Cap of Single User | Hard Cap of Single User | Hard Cap of the Whole Platform |
| FRM-45D | 2021/01/28 10:00:00 - 2021/01/30 15:59:59 | 2021/01/30 16:00:00 - 2021/03/16 15:59:59 | 30% | 100 | 15,000 | 300,000 |
How to Participate: During the subscription period, all KuCoin users can go to the ‘Staking’ page of the Pool-X website and choose their desired product to stake.
Notes:
1. Users need to be registered on KuCoin or Pool-X to join this staking activity.
2. During the subscription period, no staking rewards of the staked assets and POL mining rewards will be generated.
3. During the staking period of Fixed products, users are not allowed to redeem in advance before the deadline of the staking period. Users can trade the staked assets on Pool-X Exchange to get asset liquidity (The trading on Pool-X Exchange will be unavailable 24 hours prior to the end of the staking campaign).
4. The user hereby confirms that participating in the staking activity is voluntary, and the KuCoin Group has not forced, interfered with, or influenced the user's decision in any way.
Risk Warning: Staking 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!
The Pool-X Team