WAN staking launches this week on KuCoin’s Pool-X staking platform

Stake your WAN through Pool-X’s WAN-30 Days product to earn staking rewards in WAN & POL.

Noah Maizels

Published in

Wanchain

2 min readFeb 14, 2020

The staking product WAN-30 Days launches on KuCoin’s Pool-X staking platform today, February 14th.

Product Details

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

How to participate:

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.

Notes:

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WAN may not be withdrawn during the lock up period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.

About Pool-X

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.

Pool-X official Channels:

Telegram group
Twitter
Customer Support
Business Cooperation

About Wanchain

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).