Christmas Special Offer: Distribute gZIL for the First Time, Stake ZIL and Enjoy Triple Rewards!

Christmas Special Offer: Distribute gZIL for the First Time, Stake ZIL and Enjoy Triple Rewards!

12/23/2020, 10:02:28


Dear Pool-X Users,

The Pool-X platform will be launching the special "ZIL-gZIL-Staking" Christmas offer at 18:00:00 on December 24, 2020 (UTC+8), and will support the distribution of gZIL. Come and enjoy triple rewards!

The available staking product is “ZIL-gZIL-Staking” and the reward details are as follows:
1. The APR of ZIL is 11% (Pool-X will adjust the APR according to the actual on-chain rewards);
2. gZIL rewards (every time you get 1 ZIL of staking rewards, you will get 0.001 gZIL);
3. POL mining rewards.

*ZIL and POL rewards will be distributed daily, beginning on December 25, 2020 (UTC+8). gZIL rewards will be distributed every month.

The details can be found in this table:

Product Activity Period (UTC+8)Expected APR of ZIL (excluding POL rewards)Minimum amount of  ZIL required to stakeRedemption Period (Number of Days)
ZIL-gZIL-Staking2020-12-24 18:00:0011%3003

About gZIL:

gZIL is short for governance ZIL, and is a ZRC-2 compliant fungible token contract. The rationale behind issuing gZIL is to capture long-term token holders and give them access to governance tokens that they can later use to make ecosystem-wide decisions. The contract code repository can be found here.

Official website: https://dev.zilliqa.com/docs/staking/phase1/delegator/staking-delegator-gzil

Notes:

1. Users need to be registered on KuCoin or Pool-X 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.

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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