Introducing Velora (VLR) on KuCoin GemPool!

Dear KuCoin Users,

KuCoin is excited to announce another great project Velora (VLR) coming to our GemPool! Users can stake KCS, USD1 or VLR in dedicated pools to farm VLR tokens. 

Check this GemPool tutorial>>

Listing

The trading of Velora (VLR) on KuCoin will start at 12:00 on September 16, 2025 (UTC). Check the listing announcement here for more information.

About the Project 

Velora DEX: next-gen cross-chain trading protocol unlocking scalable, MEV-safe DeFi markets.

Website | X (Twitter) | Whitepaper

GemPool Details (Participate Now)

1. Total Supply: 2,000,000,000 VLR

2. GemPool Total Rewards: 6,666,666 VLR   

3. Campaign Period: From 04:00 on September 16, 2025 to 12:00 on September 23, 2025 (UTC)

4. Staking Terms: KYC verification is a must

5. Hourly Reward Hard Cap Per User :

   1. KCS Pool: 2,000 VLR

   2. USD1 Pool: 1,300 VLR

   3. VLR Pool: 570 VLR

Addtional Bonus

Bonus 1: Complete Quiz to Win Additional 10% Bonus!

During the campaign period, users participating in the GemPool activity and completing the quiz with all correct answers can enjoy an additional bonus of 10%! For more details, please refer to the event page.

Bonus 2: Boost the Rewards by Inviting Friends to Register and Join GemPool: Up to 2x Rewards!

During the campaign period, users can receive additional rewards by inviting friends to register and participate in the GemPool campaign. To qualify as a valid invitation, the invitee must complete both registration and GemPool participation within the event period.

* Inviter could enjoy multiple coefficient rewards if the invitee participate multiple GemPool campaigns in the same period of time

Bonus 3: VIP Exclusive! Bonus Up to 20%!

During the campaign period, VIP users participating in the GemPool activity will get a chance to enjoy an exclusive bonus, which varies according to their VIP level! 

Bonus 4: Special Benefits for Loyal KCS Holders: Earn Up to 20% Bonus!

During the campaign period, KCS holders participating in the GemPool activity have the opportunity to enjoy an exclusive bonus, with the percentage depending on their KCS loyalty level!

* For details of the KCS loyalty bonus, please view this page: https://www.kucoin.com/kcs

Rewards Calculation 

1. Rewards per user = (user's staked token / total staked token of all eligible participants) × corresponding prize pool.

2. Snapshots of user balances and total pool balances will be taken multiple times at any point of time each hour to get users’ hourly average balances and calculate user rewards. 

3. Rewards will be calculated starting from the following hour after staking. User rewards will be updated hourly.

Notes:

1. Tokens can only be staked in one pool at a time. For example, users cannot stake the same KCS into two different pools at the same time;

2. Rewards will be calculated and distributed every hour. Users can claim their rewards on an hourly basis.

3. Users will be able to stake before the farming period, however no reward will be generated until the farming period starts;

4. Users will be able to unstake their funds at any time with no delay and participate in any other available pools immediately. No reward will be generated after you unstake your tokens;

5. Users will be able to manually claim the rewards each day. Tokens staked in each pool and any unclaimed rewards will be automatically credited to the user's Funding Account at the end of each farming period;

6. At the end of each pool's farming period, the funds staked by users are expected to be automatically returned within approximately 30 minutes;

7. The users from the following countries/areas are not supported in this event: Singapore, Uzbekistan, Mainland China, Hong Kong Special Administrative Region, Thailand, Malaysia, Ontario, Canada, United Kingdom, United States of America, including all US territories;

8. In case of any discrepancy between the translated version and the English original version, the English version shall prevail;

9. The behavior of maliciously taking rewards will result in the cancellation of rewards. KuCoin reserves the final right to interpret these terms and conditions, including but not limited to the modification, change, or cancellation of the activity, without further notice. Please contact us if you have any questions;

10. If users have doubts about the result of the activities, please note the official appeal period for the result of activities is 2 months after the end of the campaign. We will not accept any kind of appeal after this period.

Best regards,

The KuCoin Team

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