Dear Pool-X Users,
To express our heartfelt appreciation to the ATOM and KSM communities and all the ATOM and KSM holders for their long-term support for the Pool-X platform, Pool-X will launch a new Soft Staking Carnival. Users can deposit ATOM, KSM into the Pool-X platform to enjoy a time-limited APR of 9%-10%!
Qualification: All Pool-X users
Expected APR: 9%-10%
Activity Time: 20:00:00 on June 10, 2020 to 20:00:00 on July 1, 2020 (UTC+8)
How to Participate: Deposit or transfer ATOM or KSM to the Pool-X platform. All ATOM and KSM users are deemed to have agreed to the Service and authorized Pool-X to make use of their respective ATOM and KSM 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 ATOM and KSM 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 ATOM and KSM assets from their respective Pool-X account before 20:00:00 on June 10, 2020 (UTC+8) (hereinafter referred to as "Refusal Deadline"). Users who are reluctant to, unable to, refuse to, or otherwise fail to withdraw ATOM and KSM 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 ATOM and KSM 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 these 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 communications 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 these 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.
Pool-X will support Soft Staking for more coins for the carnival, stay tuned!
Thank you for your support and understanding!
The Pool-X Team