Pool-X Will Launch VID (VI) Staking, APR Up to 126.47%
08/21/2020, 19:08:20
Dear Pool-X Users,
Pool-X will be launching VI-Staking together with the VID (VI) project. The activity will start at 20:00:00 on August 28, 2020 (UTC+8) with an APR of up to 126.47%. The details are as follows.
Activity Time: Starting at 20:00:00 on August 28, 2020 (UTC+8)
Staking rewards will begin to be paid out daily from August 29, 2020 (UTC+8).
How to Participate:
1. Users who stake the flexible product "VI-Staking" will get a share of the POL mining rewards every day during the staking period.
2. Pool-X will issue different APRs according to the amount of locked VI coins.
3. 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.
Here are the staking % returns based on the new split of the daily token allocation:
| Staking bands | 0<x≤1,000,000 | 1,000,000<x≤2,000,000 | 2,000,000<x≤3,000,000 | 3,000,000<x≤4,000,000 | 4,000,000<x≤5,000,000 | 5,000,000<x≤6,000,000 |
Annual yield for stakers（*Excluding POL rewards） | 126.47% | 63.24% | 42.16% | 31.62% | 25.29% | 21.08% |
Notes:
1. Users need to be registered on KuCoin 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.
3. 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