VELO Staking Campaigns Now Available, Enjoy an APR Up to 58%
Dear Pool-X Users,
Pool-X will be launching VELO Staking Campaign at 09:30:00 on March 22, 2021 (UTC). The available staking products are “VELO-Staking” with an APR of 52% and “VELO-30D” with an APR of 58% (excluding POL mining).
The details can be found in the tables:
| Product | Activity Start Time (UTC) | Expected APR | Soft Cap of Single User | Hard Cap of Single User | Redemption Period |
| VELO-Staking | 2021/03/22 09:30:00 | 52% | 100 | 200,000 | 5 days |
| Product | Subscription Period (UTC) | Staking Period （UTC） | Expected APR | Soft Cap of Single User | Hard Cap of Single User | Hard Cap of Whole Platform |
| VELO-30D | 2021/03/22 11:30:00 - 2021/03/27 15:59:59 | 2021/03/27 16:00:00 - 2021/04/26 15:59:59 | 58% | 100 | 200,000 | 5,000,000 |
*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!
Notes:
1. Users need to be registered on KuCoin or Pool-X 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. Users can trade the staked assets on Pool-X Exchange to get asset liquidity (The trading on Pool-X Exchange will be unavailable 24 hours prior to the end of the staking campaign).
4. 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.
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.
Thank you for your support!
The Pool-X Team
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