OKX Jumpstart To Launch NOT (Notcoin) Mining
OKX Jumpstart to Launch NOT Mining
OKX Jumpstart, a leading cryptocurrency exchange, has announced the commencement of Notcoin (NOT) mining. The process will begin at 6:00 am UTC on May 13, 2024. TON token holders will be able to stake their tokens and earn NOT in return.
Staking Rules
The staking rules for this new initiative have been outlined. The token to be staked is TON, and the token to be earned is NOT. The amount of mineable tokens available in the NOT staking pool is 1,283,990,271. TON holders can stake and unstake at any time, with no minimum staking per person. However, the maximum staking per person for TON is 4,000 TON. The mining period is set from 6:00 am UTC on May 13, 2024, to 6:00 am UTC on May 16, 2024. The opening time for mined token trading will be on May 16, 2024, until further notice.
Participation Conditions and Staking Rewards Calculation
Mainland China, Hong Kong, and Korea are excluded from this campaign. To participate, users need to complete identity verification. The staking rewards are calculated in real-time and can be withdrawn at any time. Users' per minute rewards are determined by the amount of their staked token divided by the total amount of the staked token, multiplied by the amount of tokens released per minute.
About Notcoin (NOT)
Notcoin is a community token in Ton. It was widely distributed through a viral game on Telegram, which already had 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 tokens.
Token Distribution
The token distribution plan for NOT includes 1.25% for Jumpstart, 20.75% for further Airdrop and development, and 78.00% for Airdrop.
Additional Information
Only TON in your funding account can be used for staking. Please transfer your TON to your funding account in advance. The TON staked will be frozen but can be unstaked at any time. Unstaked TON can be seen in your funding account. 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.