Pool-X Will Launch KAI-60D Staking: Stake and Enjoy an APR of 25%
07/20/2020, 17:05:17
Dear Pool-X Users,
Pool-X will launch KAI-60D staking together with the KardiaChain (KAI) project. The available staking product is “KAI-60D”, and the APR is 25% (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!
Subscription Period: 20:00:00 on July 20, 2020 to 23:59:59 on July 22, 2020 (UTC+8)
Staking Period: 00:00:00 on July 23, 2020 to 23:59:59 on September 20, 2020 (UTC+8)
Product details can be found in the table below or you can visit the Pool-X website.
| Staking Product | Subscription Period (UTC+8) | Expected APR (*Excluding POL rewards) | Soft Cap of Single User | Hard Cap of Single User | Hard Cap of the Whole Platform | Staking Period (UTC+8) |
| KAI-60D | 2020-07-20 20:00:00 - 2020-07-22 23:59:59 | 25% | 1,000 | 500,000 | 70,000,000 | 2020-07-23 00:00:00 - 2020-09-20 23:59:59 |
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. Check the tutorial of the subscription.
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 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. (How to redeem?)
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.
Pool-X will be releasing more staking services in the future. For any cooperation requests, please contact business@pool-x.io.
Thank you for your support and understanding!
The Pool-X Team