Together with KuCoin via Pool-X we are launching CUDOS Fixed Staking on 23rd of March 2021 at 10:00am UTC. Pool-X is an exchange that provides liquidity for pledged assets. Unlike traditional mining pools, Pool-X does not compete with exchange nodes.
Users are able to freely receive the benefits from the staking of the digital asset, plus a certain amount of the POL (Proof of Liquidity) that is generated each day. Users are also able to acquire liquidity by trading the staked crypto assets through the use of POL in the liquidity trading market, which lowers the barrier for staking and increases the staking rate while improving overall security.
Staking is now available via “CUDOS-30D” — Lock your tokens for 30 days on Pool-X and receive rewards! With an APR of 28% (excluding POL mining) this is an opportunity you may not want to miss especially considering that this offer is limited to 5 million tokens.
Things to take note of:
1. Users need to be registered on KuCoin or Pool-X to join this staking activity.
2. During the subscription period, no staking rewards of the staked assets and POL mining rewards will be generated.
3. Users can trade the staked assets on Pool-X Exchange to get asset liquidity (The trading on Pool-X Exchange will be unavailable 24 hours prior to the end of the staking campaign).
For more information regarding staking, CUDOS tokens or other areas of our project, please join our community via the links below and get in touch!