OKX Announces Notcoin Addition to Jumpstart Mining
OKX, a leading cryptocurrency exchange, has unveiled the addition of Notcoin (NOT) to its Jumpstart Mining program. Starting from 6:00 am UTC on May 13, 2024, TON holders will have the opportunity to stake their tokens and earn NOT in return.
Details of the Notcoin Staking Arrangement:
- Token for Staking: TON
- Rewards: Users will earn NOT as rewards for staking TON.
- Total Available NOT Tokens: There will be 1,283,990,271 NOT tokens available for mining in the NOT staking pool.
- Mining Period: The mining period will run from 6:00 am UTC on May 13, 2024, to 6:00 am UTC on May 16, 2024.
- Minimum/Maximum Staking: There is no set minimum staking per person, but the maximum staking per person for TON is capped at 4,000.
- Staking Flexibility: Users can stake and unstake at any time, with token trading commencing from May 16, 2024, until further notice.
Staking Conditions and Participation:
- Eligibility: Participants from Mainland China, Hong Kong, and Korea are ineligible for this campaign.
- Identity Verification: Participants need to complete identity verification to participate in the staking process.
- Reward Calculation: Staking rewards are calculated in real-time, and users can withdraw them at any time. Per minute rewards are calculated based on the amount of staked tokens divided by the total amount of staked tokens, multiplied by the amount of tokens released per minute.
About Notcoin (NOT):
- Distribution: Notcoin is a community token in Ton, distributed widely through a viral game on Telegram with 35 million players.
- Ecosystem Building: The current phase focuses on building an ecosystem around NOT, including a game platform and web3 projects exploration tools.
- Total Supply: The total supply of Notcoin stands at 102,719,221,714.
Terms and Conditions:
- Location Restrictions: OKX Jumpstart Mining services are restricted in certain locations due to local laws and regulations.
- Participant Disqualification: OKX reserves the right to disqualify or suspend accounts of any participant found to be involved in dishonest or abusive behavior.
- Value Fluctuation: Participants are reminded that the value of prizes may fluctuate due to market changes, and any applicable taxes and fees associated with rewards are the sole responsibility of the recipient.
