OKX Jumpstart Launches Staking for Notcoin (NOT)

OKX Jumpstart Initiates Notcoin Staking

OKX, a prominent digital asset exchange, has announced the launch of Notcoin (NOT) staking on its OKX Jumpstart platform. Beginning from 6:00 am UTC on May 13, 2024, TON holders will be able to stake their TON tokens to earn NOT tokens.

Staking Details

The staking pool comprises 1,283,990,271 NOT tokens, and the mining period runs from 6:00 am UTC on May 13, 2024, until the same time on May 16, 2024. There is no minimum staking limit, but the maximum staking per person for TON is capped at 4,000 TON. Users can stake and unstake at any time, and trading of mined tokens will commence on May 16, 2024, until further notice.

Participation Conditions

To participate in the campaign, users must complete identity verification. However, users from Mainland China, Hong Kong, and Korea are ineligible for this campaign.

Staking Rewards Calculation

The staking rewards, which refer to tokens acquired by participating in OKX Jumpstart Mining, are calculated in real-time and can be withdrawn at any time. The formula for calculating users' per minute rewards is the amount of their staked token divided by the total amount of staked tokens, multiplied by the number of tokens released per minute.

About Notcoin

Notcoin is a community token in Ton. It gained wide distribution through a viral game on Telegram, attracting 35 million players. The current phase focuses on building an ecosystem around NOT, including a game platform and web3 projects exploration tools. The total supply of NOT is 102,719,221,714. More details about Notcoin can be found on their official website and twitter page.

Distribution

The distribution ratio for Jumpstart is 1.25%, with a further 20.75% for Airdrop and development, and 78.00% for Airdrop.

Additional Information

Only TON in your funding account can be used for staking. The staked TON will be frozen but can be unstaked at any time. Unstaked TON can be seen in your funding account. Sub-accounts cannot participate in this event. After the mining is done, any remaining TON that is staked will automatically be unstaked and unfrozen. Rewards will be automatically transferred to your funding account within 2 hours.

Terms and Conditions

OKX Jumpstart Mining is not eligible for users from certain countries, including Mainland China, Hong Kong, and South Korea. This project will only be available to eligible participants as determined by OKX at its sole discretion. OKX reserves the right to disqualify or suspend accounts of any participant involved in any dishonest or abusive behavior in this activity.