USDN Soft Staking: Up to 25% APR Cash Back Investment Program for Neutrino Dollar (USDN) Holding!

USDN Soft Staking: Up to 25% APR Cash Back Investment Program for Neutrino Dollar (USDN) Holding!

06/08/2020, 07:55:02

Dear KuCoin & Pool-X Users,

Pool-X will launch the USDN Soft Staking Program (hereinafter referred to as the "Program") to maximize the benefits for users holding Neutrino Dollar (USDN) on the platform. Users can deposit USDN to the Pool-X platform to enjoy an APR of 10%-25%!

Qualification: All KuCoin & Pool-X Users

Expected APR: 10%-25% (Estimated Annual Yield is dependent on the coin price of Waves (WAVES), and can be 1%-20% based on market situation. You can visit the Neutrino Dollar official website for more info: https://beta.neutrino.at/rpd/usd-n)

Activity Time: Starts from 18:00:00 on June 1, 2020 (UTC+8)

How to Participate: Deposit or transfer USDN to the Pool-X platform. All USDN users are deemed to have agreed to the Service and authorized Pool-X to make use of their respective USDN assets on behalf of them for staking. In order to serve the best interests of our users, Pool-X will do its utmost in assisting our users to seek the maximum profit in the staking process with the objective of not affecting USDN withdrawal. The revenue generated will be distributed to users accordingly.

Rewards Distribution: Pool-X will adjust the staking proportion of PoS and calculate the daily revenue of the users according to the snapshots of the coin amounts held by users. Pool-X will snapshot the coin amount every hour randomly each day, and the average number of coin amount = sum (number of coins in the snapshot of Pool-X per hour) / 24. The daily revenue will be distributed the next day. Users are able to check their revenue return at "Assets Details".

Operation Authorization: Users who are reluctant to, unable to, or otherwise refuse to participate in the Program or accept the Service provided by Pool-X are asked to withdraw any and/or all of their USDN assets from their respective Pool-X account before 17:00:00 on June 1, 2020 (UTC+8) (hereinafter referred to as "Refusal Deadline"). Users who are reluctant to, unable to, refuse to, or otherwise fail to withdraw USDN before the Refusal Deadline are deemed to have agreed to participate in the Program and expressly authorized Pool-X to make use of their respective USDN assets for staking.

Voluntariness: By participating in the Program, users hereby confirm that Pool-X has not solicited for the Program or forced, interfered or unduly influenced their decision in any possible form, and each user has participated in the Program at their own volition.

No Advice from Pool-X: Other than the instructions set out in the Official Rules, Pool-X cannot give the user any investment, legal, taxation or other advice in connection with the participation of the Program, and nothing on Pool-X or in any communication that Pool-X send to users is intended to constitute advice. If a user needs or wants professional advice, the user should consult an appropriate professional financial, legal, taxation, or other adviser.

Choice of Law and Jurisdictions: All issues and questions concerning the construction, validity, interpretation, and enforceability of the Official Rules, or the rights and obligations of users and Pool-X in connection with the Program, shall be governed by, and construed in accordance with the laws of the Republic of Seychelles. The Court of the Republic of Seychelles shall have exclusive jurisdiction over any and all disputes arising out of and/or in connection with the Official Rules, the Program, and the Service.

Thank you for your support and understanding!

The Pool-X Team

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