KSM-Staking and DOT-Staking Now Available, Enjoy an APR of 10%!
01/21/2021, 18:01:34
Dear Pool-X Users,
Pool-X will be launching KSM-Staking and DOT-Staking at 10:00:00 on January 22, 2021 (UTC). Both of these products enjoy an APR of 10% (excluding POL mining).
*Users who stake the flexible product "KSM-Staking" or “DOT-Staking” will get a share of the POL mining rewards every day during the staking period. Staking rewards will be paid out daily, beginning on T+1 day.
The details can be found in this table:
| Product | Activity Start Time (UTC) | Expected APR (excluding POL rewards) | Soft Cap of Single User | Hard Cap of Single User | Redemption Period (Number of Days) |
| KSM-Staking | 2021/01/22 10:00:00 | 10% | 1 | 10,000 | 7 |
| DOT-Staking | 2021/01/22 10:00:00 | 10% | 1 | 100,000 | 28 |
How to Participate: During the activity period, all KuCoin users can go to the ‘Staking’ page of the Pool-X website and choose the desired product to stake.
Notes:
1.If users want to unstake their assets without waiting for the redemption period, they can visit the Exchange page on the official Pool-X website to trade (The trading on Pool-X Exchange will be unavailable 24 hours prior to end of staking campaign).
2.Users need to be registered on KuCoin or Pool-X to join this staking activity.
3.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