New Year Gift: DOT-Staking Comes With 13% APR: Deposit and Stake to Share $10,000!
Dear Pool-X Users,
Pool-X will be launching DOT-Staking at 18:00:00 on December 31, 2020 (UTC+8). The available staking product is "DOT-Staking" with an APR of 13% (excluding POL mining). Also, to celebrate the New Year, Pool-X will give away a reward pool of $10,000 USDT to qualified Pool-X users.
Activity Period: 18:00:00 on December 31, 2020 to 23:59:59 on January 15, 2021 (UTC+8).
Activity 1: DOT-Staking
Staking rewards will be paid out daily, beginning on January 1, 2021 (UTC+8).Users who stake the flexible product "DOT-Staking" will get a share of the POL mining rewards every day during the staking period.
The details can be found in this table:
| Product | Activity Period (UTC+8) | Expected APR (excluding POL rewards) | Soft Cap of Single User | Hard Cap of Single User | Redemption Period (Number of Days) |
| DOT-Staking | 2020/12/31 18:00:00 - 2021/01/15 23:59:59 | 13% | 1 | 100,000 | 28 |
Activity 2: Deposit DOT to Pool-X: Win a Share of the Massive 10,000 USDT Prize Pool!
During the campaign period, users who deposit DOT from exchanges or wallets other than KuCoin and participate in DOT-Staking will be eligible to participate in sharing a bonus of 10,000 USDT.
The reward structure is as follows:
| No. of Winners | Net Deposit/Trade Requirement | Rewards |
| 1 | Rank 1 in Net Deposit Volume, Participate in DOT-Staking Volume ≥ 6,000 DOT | 2,500 USDT |
| 9 | Rank 2-10 in Net Deposit Volume, Participate in DOT-Staking Volume ≥2,500 DOT | 500 USDT each |
| 40 | Rank 11-50 in Net Deposit Volume, Participate in DOT-Staking Volume ≥ 500 DOT | 50 USDT each |
| ∞ | Net Deposit Volume ≥ 2 DOT, Participate in DOT-Staking Volume ≥ 2 DOT | Share 1,000 USDT |
Notes:
1. Net Deposit Volume: deposit - withdrawal;
2. The Sub-Accounts and Master Account will be treated as the same account when participating in the activity;
3. Pool-X or KuCoin users can independently participate in the DOT-Staking activity without participating in the deposit activity. Users who participate in the deposit activity need to participate in the DOT-Staking activity；
4. The top 50 rankings of Activity 2 will be updated within 7 working days of the campaign ending. Rewards of Activity 2 will be distributed within 7 working days from the campaign ending;
5. Staking rewards will be paid out daily, beginning on January 1, 2021 (UTC+8).
6. The final decision made by KuCoin is with legal binding force to all participants who participated in the competition. Users hereby confirm that their registration and use of KuCoin is voluntary and is not forced, interfered with, or influenced by KuCoin 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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