Pool-X Will Launch USDT-7D Staking
08/26/2020, 16:38:59
Dear Pool-X Users,
In order to provide users with more benefits, the Pool-X platform will be launching USDT-7D staking at 20:00:00 on August 27, 2020 (UTC+8). The available staking product is “USDT-7D”, and the APR is 7.5% (excluding POL mining).
Rewards Distribution：
1. The proceeds from this staking will be released after the staking period.
2. Users who voted for the USDT-7D product in the community poll will receive double revenue from the product for the first three consecutive days of the staking period.
3. 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!
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 the Whole Platform | Staking Period (UTC+8) |
| USDT-7D | 2020-08-27 20:00:00 - 2020-08-29 23:59:59 | 7.5% | 10 | 500,000 | 2020-08-30 00:00:00 - 2020-09-05 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.
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 or 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.
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