Cryptos: 37,172 Exchanges: 357 Market Cap: $14,598B 24h Vol: $139.74B Dominance: BTC 15.4% ETH 3.9% ETH Gas:  0 Gwei
  • Get App
Seclect Currency

Fiat currencies

    Crypto Currencies

      Introducing WEMIX、 LDN and DOTR on OKX Jumpstart

      OKX's logo OKX Jan 25, 2022 06:01:44

      The OKX Jumpstart Mining will commence at 8:00 am UTC on Jan. 25, 2022. OKB holders can stake OKB to mine WEMIX, LDN, and DOTR in return.

       

      I. Staking Rules

      1、Wemix Network

       

      Token stakedOKB
      Token earnedWEMIX
      Total amount of mineable tokens139,664 WEMIX
      Mining period8:00 am UTC on Jan. 25, 2022 - 8:00 am UTC Jan. 26, 2022
      Minimum staking per personNone
      Maximum staking per person1,000 OKB
      Upper limit of total stakingNone
      Staking periodStake and unstake at any time
      Identity verification (KYC)Level 2 required
      Opening time for mined token tradingJan. 26, 2022 until further notice

       

      2、Ludena Protocol

       

      Token stakedOKB
      Token earnedLDN
      Total amount of mineable tokens800,000 LDN
      Mining period9:00 am UTC on Jan. 26, 2022 - 9:00 am UTC Jan. 27, 2022
      Minimum staking per personNone
      Maximum staking per person1,000 OKB
      Upper limit of total stakingNone
      Staking periodStake and unstake at any time
      Identity verification (KYC)Level 2 required
      Opening time for mined token tradingJan. 27, 2022 until further notice

       

      3、CyDotori Token

       

      Token stakedOKB
      Token earnedDOTR
      Total amount of mineable tokens1,500,000 DOTR
      Mining period10:00 am UTC on Jan. 27, 2022 - 10:00 am UTC Jan. 28, 2022
      Minimum staking per personNone
      Maximum staking per person1,000 OKB
      Upper limit of total stakingNone
      Staking periodStake and unstake at any time
      Identity verification (KYC)Level 2 required
      Opening time for mined token tradingJan. 28, 2022 until further notice

       

       

      II. Calculation of staking rewards

      1. The staking rewards will be WEMIX, LDN, DOTR tokens acquired by participating in OKX Unidentified Jumpstart Mining. The staking rewards are calculated in real-time and can be withdrawn at any time.
      2. Hourly user rewards equate to the amount of personal OKB staked / the total amount of OKB staked * newly released tokens per hour. For example: If the amount of a user's OKB staked is 100 and the total amount of OKB staked at that time is 100,000, with the amount of WEMIX released per hour being 10,000, then the user's hourly rewards equal 100 / 100,000 * 10,000, which equates to 10 WEMIX.
      3. When the project confirms the time of the token on-chain transfer, OKX will release a new announcement concerning the times for depositing, withdrawing and trading token.

       

      III. Staking and unstaking directions

      1. Staking process

      Step 1: Before mining starts, transfer your OKB to your funding account.
      Step 2: Log in to the OKX official website, go to the Finance section and click Jumpstart.
      Step 3: After mining starts, click Stake, enter your desired amount of OKB and confirm. After completing these three steps, you will start mining WEMIX!

      2. Unstaking process

      Step 1: Click Harvest to get your staking rewards, which will be distributed to your funding account.
      Step 2: Click Unstake to release your OKB at any time, and the OKB unstaked will be automatically returned to your funding account.

      IV. Introduction

      1.WEMIX

      Wemix is a Global Blockchain Gaming Platform developed by Wemade Tree.WEMIX Tokens is utility token of the entire ecosystem, used in various ways as a means to value transfer.

      For more details of the project, please refer to: About WEMIX (Wemix Network) — the project of OKX Jumpstart Mining

      2. LDN(Ludena Protocol)

      Ludena Protocol is a decentralized ecosystem and a Play-to-Earn Game Social Platform. Ludena protocol houses exclusive and entertaining gaming-related DApps, from hyper casual 1:1 mobile games to the fee-free virtual item exchange.

      For more details of the project, please refer to: About LDN(Ludena Protocol) — the project of OKX Jumpstart Mining

      3. DOTR(CyDotori Token)

      CyDotori Token (DOTR) is the utility token of Cyworld metaverse and it is a payment method that can be used in various ways within the business model that is continuously expanding in Cyworld.

      For more details of the project, please refer to: About DOTR(CyDotori Token) — the project of OKX Jumpstart Mining

       

      V. Others

      1. Only OKB in your funding account can be used for staking. Please transfer your OKB to your funding account in advance. The OKB staked will be frozen but can be unstaked at any time. Unstaked OKB can be seen in your funding account.

      2. After the mining is complete, any remaining OKB that is staked will automatically be unstaked and unfrozen. Rewards that are not harvested will be automatically transferred to your funding account.
      3. Sub-accounts cannot participate in this project.
      4. Only the following regions can participate in this project: Thailand, Philipines, South Korea.

       

      OKX
      Jan. 25, 2022 (UTC)

       

      Click Here to Download OKX App >>>

      Click Here for OKX Twitter >>>

      Click Here to Join OKX Official Community >>>

      Read the original article at okex

      Stay tuned to CoinCarp Social Media and Discuss with Us:

      X (Twitter) | Telegram  | Reddit

      Download CoinCarp App Now: https://www.coincarp.com/app/


      Trending Coins and Tokens

      Succinct's Logo
      PROVE
      $1.14
      12.39%
      Pump.fun's Logo
      PUMP
      $0.003228
      10.17%
      Jito's Logo
      JTO
      $2.09
      10.46%
      Kaia(Formerly: Klaytn)'s Logo
      $0.1585
      11.31%
      Cronos's Logo
      CRO
      $0.3421
      52.11%