Pool-X Will Launch Community Voting Products, More Surprises to Come on Pool-X

Dear Pool-X Users,

The community voting ended at 23:59:59 on August 18, 2020, with the USDT-7D, LUNA and ADA warehouse rebate products receiving the highest number of votes. Therefore, Pool-X will be launching these three products. At the same time, users who voted for any of these three products will receive three days of double annualized revenue from the product.

Activity Time:

LUNA Staking: Starts at 20:00:00 on August 20, 2020 (UTC+8)

ADA Soft Staking: Starts at 20:00:00 on August 25, 2020 (UTC+8)

USDT-7D Staking: It is expected to start at 20:00:00 on August 27, 2020 (UTC+8)

Details of the LUNA staking product can be found in the table below or you can visit the Pool-X website. (For the product details of ADA soft staking and USDT-7D, please refer to the following announcements)

How to Participate:

1. Staking Products: During the staking period, all KuCoin users can go to the ‘Staking’ page of the Pool-X website and choose their desired product to stake. In addition to the staking benefit from the project, users can also get a share of the POL mining rewards every day!

2. Soft Staking Products: Deposit or transfer ADA to the Pool-X platform. All ADA users are deemed to have agreed to the Service and authorized Pool-X to make use of their respective ADA assets on behalf of them for staking. In order to serve the best interests of our users, Pool-X will do its utmost in assisting our users to seek the maximum profit in the staking process with the objective of not affecting ADA withdrawal. The revenue generated will be distributed to users accordingly.

Product details can be found in the table below or you can visit the Pool-X website.

Notes:

1. Users need to be registered on KuCoin 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. The user hereby confirms that participating in the staking and soft staking activity is voluntary, and the KuCoin Group has not forced, interfered with, or influenced the user's decision in any way.

4. During the staking period of Fixed products, users are not allowed to redeem in advance before the deadline of the staking period.

Rewards Distribution: Pool-X will adjust the staking proportion of PoS and calculate the daily revenue of the users according to the snapshots of the coin amounts held by users. Pool-X will snapshot the coin amount every hour randomly each day, and the average number of coin amount = sum (number of coins in the snapshot of Pool-X per hour) / 24. The daily revenue will be distributed the next day. Users are able to check their revenue return at "Assets Details".

No Advice from Pool-X: Other than the instructions set out in these Official Rules, Pool-X cannot give the user any investment, legal, taxation or other advice in connection with the participation of the Program, and nothing on Pool-X or in any communications that Pool-X send to users is intended to constitute advice. If a user needs or wants professional advice, the user should consult an appropriate professional financial, legal, taxation, or other adviser.

Choice of Law and Jurisdictions: All issues and questions concerning the construction, validity, interpretation, and enforceability of these Official Rules, or the rights and obligations of users and Pool-X in connection with the Program, shall be governed by, and construed in accordance with the laws of the Republic of Seychelles. The Court of the Republic of Seychelles shall have exclusive jurisdiction over any and all disputes arising out of and/or in connection with the Official Rules, the Program, and the Service.

Thank you for your support and understanding!

The Pool-X Team