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      Tottenham Hotspur FC Fan Token(SPURS) Mining on OKX Jumpstart

      Listing

      The OKX Jumpstart Mining will commence at 6:00 am UTC on Oct.23, 2023. CHZ and OKB holders can both stake CHZ and OKB to mine Spurs tokens in return.

      I. Staking Rules

      Token stakedCHZ/OKB
      Token earnedSPURS
      Amount of mineable tokens in CHZ staking pool400,000 SPURS
      Amount of mineable tokens in OKB staking pool100,000 SPURS
      Mining period6:00 am UTC on Oct.23, 2023 - 6:00 am UTC on Oct.26, 2023
      Minimum staking per personNone
      Maximum staking per person for CHZ150,000 CHZ
      Maximum staking per person for OKB200OKB
      Staking periodStake and unstake at any time
      Opening time for mined token tradingOct.26, 2023 until further notice

      Ⅱ. Conditions of Participation

      1. exclusive to countries in Northeast Asia, excluding China, Hong Kong, Macau, North Korea and Japan
      2. need complete KYC verification

      III. Calculation of staking rewards

      1. The staking rewards refer to the tokens acquired by participating in OKX Jumpstart Mining, which are calculated in real time and can be withdrawn at any time.

      2.Users' per minute rewards = The amount of their staked token / Total amount of staked token * The amount of tokens released per minute
      For example: If the amount of a user's OKB staked is 100, the total amount of OKB staked at that time is 100,000, and the amount of tokens released per minute is 10,000, then the user's per minute rewards is 100 / 100,000 * 10,000 = 10 (tokens).

      IV. Staking and unstaking directions

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

      2. Unstaking process
        Click Unstake to release your CHZ or OKB at any time, and the CHZ or OKB will be automatically returned to your funding account.

      3. If you don't unstake early before the end of mining. When the mining is done, the tokens staked as rewards will be automatically distributed to your funding account within 2 hours after the event ends.

      4. The time to enable deposit, withdrawal and trading will be announced later.

      V. Introduction
      About SPURS
      $SPURS is the fan token of Tottenham Hotspur Football Club, launched by Socios. Fan Token holders can engage on Socios by predicting the score, choosing favourite players in a team selector, checking-in and voting in official team polls – all of this yields rewards points, which leads to exclusive club experiences.

      Distribution

      CategoryRatio
      Jumpstart1.25%
      Fan Token Offering (FTO)1.25%
      Global Launch5.50%
      Fan marketing10.00%
      Fan ecosystem developement10.00%
      Fan Rewards & Fan Engagement72.00%

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      Approval:96% Votes:310
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