Pool-X Will Launch V1.2 with Soft Staking Moving to the Platform

04/15/2020, 18:58:26

All times in this announcement are based on the Singapore time zone.

Dear KuCoin Users,

To better improve user experience and revenue, the Soft Staking Program will move to Pool-X 1.2, which will be launched at 17:00:00 on April 16, 2020.

Once the move is complete:

  • The Pool-X platform will provide users with more professional Soft Staking services, including new revenue overview and statistical analysis functions, and the annualized revenue can increase up to 1.3 times.

Important Notice:

  1. In order to protect the users’ income, please transfer the assets participating in Soft Staking to the Pool-X account before 23:59:59 on April 16, 2020.
  2. KuCoin platform will complete the distribution of Soft Staking revenues from April 15, 2020 on April 16, 2020.
  3. The users’ Soft Staking revenues starting from April 16, 2020 will be distributed by the Pool-X platform (T-day income will be distributed on T+1 day).

Asset Transfer:

Currently, users can only transfer assets to Pool-X accounts through the assets page.

About Soft Staking Program:

KuCoin pioneered the Soft Staking - Cash Back Investment Program worldwide. Users can transfer or deposit assets to the Pool-X platform and receive the staking revenue the next day. With daily staking and no minimum staking period, users can deposit and withdraw their assets anytime.

Thanks for your support!

The KuCoin Team