Pool-X Will Launch ALEPH Staking, APR Up to 54.75%
09/15/2020, 17:59:50
Dear Pool-X Users,
Pool-X will be launching ALEPH-Staking together with the aleph.im (ALEPH) project. The activity will start at 20:00:00 on September 16, 2020 (UTC+8) with an APR of up to 54.75%（Excluding POL rewards）. The details are as follows:
Activity Time: Starting at 20:00:00 on September 16, 2020 (UTC+8)
Staking rewards will begin to be paid out daily from September 17, 2020 (UTC+8).
Participation rules:
1. Users who stake the flexible product "ALEPH-Staking" will get a share of the POL mining rewards every day during the staking period.
2. Here are the staking % returns based on the new split of the daily token allocation:
| Staking bands | Annual yield for stakers（*Excluding POL rewards） |
| 0<x≤2,000,000 | 54.75% |
| 2,000,000<x≤4,000,000 | 27.37% |
| 4,000,000<x≤6,000,000 | 18.25% |
| 6,000,000<x≤8,000,000 | 13.68% |
| 8,000,000<x≤10,000,000 | 10.95% |
| 10,000,000<x≤12,000,000 | 9.12% |
| 14,000,000<x≤16,000,000 | 6.84% |
| 16,000,000<x≤18,000,000 | 6.08% |
| 18,000,000<x≤20,000,000 | 5.47% |
How to Participate:
During the activity 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. 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 and understanding!
The Pool-X Team