Introducing Puffer (PUFFER) on KuCoin GemPool!
10/14/2024, 10:27:48
Dear KuCoin Users,
KuCoin is excited to announce another great project Puffer (PUFFER) coming to our GemPool!
Users can stake their KCS, USDT and PUFFER into separate pools to farm PUFFER tokens starting at 12:00 on October 14, 2024 (UTC).
Check this GemPool tutorial>>
Listing
KuCoin will list Puffer (PUFFER) at 12:00 on October 14, 2024 (UTC). Check listing announcement here.
GemPool Details (Participate Now)
- Total Supply: 1,000,000,000 PUFFER
- GemPool Total Rewards: 750,000 PUFFER
- Campaign Period: From 12:00 on October 14, 2024 to 12:00 on October 21, 2024 (UTC)
- Staking Terms: KYC verification is a must
- Daily Reward Hard Cap Per User:
- USDT pool: 12,000 PUFFER
- KCS pool: 10,000 PUFFER
- PUFFER pool: 8,000 PUFFER
| Supported Pools | Total Rewards (PUFFER) | Farming Period (UTC) |
| USDT | 300,000 | 2024-10-14 12:00 ~ 2024-10-21 12:00 |
| KCS | 250,000 | 2024-10-14 12:00 ~ 2024-10-21 12:00 |
| PUFFER | 200,000 | 2024-10-14 12:00 ~ 2024-10-21 12:00 |
Addtional Bonus
Bonus 1: Complete Quiz to Win Additional 10% Bonus!
Users who participate in the GemPool and finish the quiz with all correct answers can enjoy an additional bonus of 10%! For more details, please refer to the event page.
Bonus 2: VIP Exclusive! Bonus Up to 20%!
VIP users participating in the GemPool can enjoy an exclusive bonus, which varies according to their VIP level!
| VIP Level | Bonus |
| VIP 1 - 4 | 10% |
| VIP 5 - 7 | 15% |
| VIP 8 - 12 | 20% |
Rewards Calculation
- Rewards per user = (user's staked token / total staked token of all eligible participants) × corresponding prize pool.
- Snapshots of user balances and total pool balances will be taken multiple times at any point of time each hour to get users’ hourly average balances and calculate user rewards.
- Daily rewards will be calculated from the following day (T+1) after staking. User rewards will be updated daily.
About the Project
Puffer is a leading innovator in Ethereum infrastructure with a suite of synergetic protocols focused on enhancing Ethereum's scalability and security.
The ecosystem comprises of three products:
* Puffer LRT: A liquid restaking protocol that allows for permissionless validator participation.
* UniFi AVS: An Actively Validated Service that provides preconfirmation services for based rollups.
* UniFi Rollup: A based rollup solution that leverages Ethereum's security while offering improved scalability.
Website | X (Twitter) | Telegram
Notes:
- Tokens can only be staked in one pool at a time. For example, users cannot stake the same KCS into two different pools at the same time;
- Daily rewards will be calculated from the following day (T+1) after staking. Users can claim the daily rewards at 13:00 UTC each day.
- Users will be able to stake before the farming period, however no reward will be generated until the farming period starts;
- Users will be able to unstake their funds at any time with no delay and participate in any other available pools immediately. No reward will be generated after you unstake your tokens;
- Users will be able to manually claim the rewards each day. Tokens staked in each pool and any unclaimed rewards will be automatically credited to the user's Funding Account at the end of each farming period;
- The users from the following countries/areas are not supported in this event: Singapore, Uzbekistan, Mainland China, Hong Kong Special Administrative Region, Thailand, Malaysia, Ontario, Canada, United Kingdom, United States of America, including all US territories;
- The User (whether as an individual or legal entity) is not on any sanction lists of competent authority, including but not limited to the sanction lists of the Republic of Seychelles, the sanction lists of international laws and conventions to which the Republic of Seychelles is a party and other applicable sanction lists;
- In case of any discrepancy between the translated version and the English original version, the English version shall prevail;
- The behavior of maliciously taking rewards will result in the cancellation of rewards. KuCoin reserves the final right to interpret these terms and conditions, including but not limited to the modification, change, or cancellation of the activity, without further notice. Please contact us if you have any questions;
- If users have doubts about the result of the activities, please note the official appeal period for the result of activities is 2 months after the end of the campaign. We will not accept any kind of appeal after this period.
Best regards,
The KuCoin Team
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