Announcement Regarding the Reduction of POL Mining Volume

Announcement Regarding the Reduction of POL Mining Volume

07/03/2020, 10:23:09

Dear Pool-X Users,

According to the POL Distribution as described in the Pool-X White Paper, POL will have its first reduction cycle on July 6, 2020, where the total daily mining volume will be adjusted from 250,000 to 200,000 POL. This will be reflected in the POL mining rewards from July 7, 2020.

One cycle of POL mining volume lasts 180 days. Within each cycle, the daily mining volume is constant. The daily volume will decrease by 20% at the end of each cycle compared with the daily mining volume of the previous cycle. See the Pool-X White Paper for more details.

Thank you for your support!

The Pool-X Team