Pool-X Will Launch USDT-7D and USDT-14D Staking
Dear Pool-X Users,
Pool-X will be launching USDT Staking at 18:30:00 on October 28, 2020 (UTC+8). In this campaign, the staking products are “USDT-7D” with an APR of 10% and “USDT-14D” enjoying an APR of 12%.
During the staking period, in addition to the staking benefit from the project, users who have participated in this campaign on the Pool-X platform can also get a share of the POL mining rewards every day! All USDT rewards earned will be distributed within 24 hours of the staking period ending. Users can log in their Pool-X account to check.
Products details can be found in the table below or you can visit the Pool-X website.
| Staking Products | Subscription Period (UTC+8) | Staking Period (UTC+8) | Expected APR (*Excluding POL rewards) | Soft Cap of Single User | Hard Cap of Single User | Hard Cap of the Whole Platform | |
| USDT-7D | 2020/10/28 18:30:00 - 2020/10/31 23:59:59 | 2020/11/01 00:00:00 - 2020/11/07 23:59:59 | 10% | 50 | No Hard Cap | 1,000,000 | |
| USDT-14D | 2020/10/28 18:30:00 - 2020/10/31 23:59:59 | 2020/11/01 00:00:00 - 2020/11/14 23:59:59 | 12% | 50 | No Hard Cap | 1,000,000 | |
How to Participate:
During the subscription period, all KuCoin or Pool-X users can go to the ‘Staking’ page of the Pool-X website and choose the desired product to stake.
Notes:
1. Users need to be registered on KuCoin or Pool-X to join this staking activity.
2. During the subscription period, no staking rewards of the staked assets and POL mining rewards will be generated.
3. During the staking period of Fixed products, users are not allowed to redeem in advance before the deadline of the staking period.
4. 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.
Thanks for your support!
The Pool-X Team