Spherium Finance LockDrop: Stake to Share a 520,000 SPHRI Prize Pool
06/21/2021, 16:02:24
Dear KuCoin Users,
Spherium Finance (SPHRI) will be available on the Pool-X platform of KuCoin from 10:00:00 on June 21, 2021 (UTC). Users can stake KCS/POL/ETH assets to get a share of the premium SPHRI prize pool!
The details are as follows
*Subscription Period: 2021/06/21 10:00:00 - 2021/06/22 15:59:59 (UTC)
*Staking Period: 2021/06/22 16:00:00 - 2021/07/22 15:59:59 (UTC)
| Products | Soft Cap of Single User | Hard Cap of Single User | Hard Cap of the Whole Platform | SPHRI Prize Pool |
| KCS-SPHRI-30D | 10 | 3,000 | 350,000 | 180,000 |
| POL- SPHRI-30D | 100 | 50,000 | 7,000,000 | 170,000 |
| ETH- SPHRI-30D | 0.03 | 10 | 1,200 | 170,000 |
*Rewards Calculation: Individual Staked Amount / Total Staked Amount * The Respective SPHRI Prize Pool (20% of the SPHRI rewards will be distributed before SPHRI trading starts in the KuCoin Spot Market. The remaining will be distributed in 20% batches every month)
Introduction of Project: Spherium Finance is a decentralised financial ecosystem that unifies the currently fragmented industry, allowing users to access everything related to DeFi within a single application. Its ecosystem comprises HyperSwap, a decentralised cross-chain token swap (AMM) built on Ethereum and Binance Smart Chain, SphereComp, decentralised money markets, and Spherium wallet, a natively cross-chain compatible universal token wallet. Spherium Finance is built on layer-2 solutions to mitigate high gas costs and confirmation times across its ecosystem.
Notes:
1. Users who participate in this LockDrop on the Pool-X platform of KuCoin will receive SPHRI rewards and free POL mining rewards.
2. Users need to be registered on KuCoin to join this promotion.
3. During the subscription period, no rewards will be generated.
4. The user hereby confirms that participating in the 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 KuCoin Team
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