Pool-X Supports ETH2.0 Migration

ETH2.0 Staking started on December 1, 2020 (UTC+8).

Users can get ETH2 Staking rewards and POL mining rewards by holding ETH2 assets in the Main account, Trading account or Pool-X account. Also, users will be able to trade freely on KuCoin through the ETH2/ETH trading pair for liquidity!

How to participate:

Web: Login Pool-X, click the ETH 2.0 on the page, and click “Start ETH 2.0 Staking” button, then Deposit/transfer ETH to Pool-X account to exchange ETH-anchored ETH2 tokens at a ratio of 1:1.

App:

1. Pull down the homepage then you can enter ETH2.0 page.

2. Click “Staking” on the app homepage, and then enter ETH2.0 page by clicking “ETH2”at the bottom of the page.

3. Click “Assets” on the page and withdraw ETH to the designated address “ETH2” to obtain the ETH-anchored ETH2 tokens.

Note:

1. Starting time for rewards calculation: 20:00:00 on December 1, 2020 (UTC+8).
2. APR of ETH2 excluding POL rewards: 5%-20%, which will be distributed based on the on-chain rewards. The final rewards are subject to the actual receipt.
3. ETH2 assets are only valid on the KuCoin platform.
4. The exchange of ETH to ETH2 is a one-way behavior with a fixed exchange rate of 1:1. The minimum amount to exchange: 0.01ETH.
5. The rewards are settled daily and will be distributed to the user’s Pool-X account on a monthly basis.
6. Users can trade on KuCoin through the ETH2/ETH trading pair of which the price is determined by the market. After the successful transaction, the relevant rewards will be transferred accordingly.
7. Since the time that the ETH2.0 mainnet goes online and the transfer services open has not yet been determined, the exchange time of the ETH2-anchored tokens on the ETH2.0 mainnet is currently uncertain.

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