WAN staking launches this week on KuCoin’s Pool-X staking platform
The staking product WAN-30 Days launches on KuCoin’s Pool-X staking platform today, February 14th.
Product name: WAN-30 Days
Purchase period: February 14, 2020 from 20:00:00 (UTC + 8) to February 16, 2020 23:59:59 (UTC + 8)
Lock up period: February 17, 2020 00:00:00 (UTC + 8) to March 17, 2020 23:59:59 (UTC + 8)
Estimated annualized income: 6% (WAN denominated) + X% (POL mining income)
Personal Soft Cap: 15 WAN
Personal Hard Cap: 3500 WAN
Platform Hard Cap: 15 WAN
Platform Hard Cap: 1,000,000 WAN
During the purchase period from February 14th to 16th, users can go to the lock-up mining interface on the Pool-X homepage and select the WAN-30 product to lock up their WAN. During the lock-up period, WAN and POL rewards are distributed daily.
To learn more about participating, please check out Pool-X’s guide here.
- Participants must be registered KuCoin users
- WAN may not be withdrawn during the lock up period
- During Staking, if users have an urgent need to redeem pledged assets, they can trade them on the Pool-X exchange.
- It is an independent mining pool incubated by KuCoin and its partners.
- It is a new generation POS mining pool where usersccan trade staked assets.
- Pool-X’s mission is to serve every blockchain miner, and its vision is to promote POS into the era of Staking for all.
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Wanchain is the infrastructure connecting the decentralized financial world. Wanchain’s live cross-blockchain solution is EVM-based, includes optional private transactions, and provides a decentralized, permissionless, and secure approach for interoperability. Wanchain has employees globally with teams in Beijing (China), Austin (USA), Kuala Lumpur (Malaysia), and Madrid (Spain).
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Published at Fri, 14 Feb 2020 14:49:40 +0000
