Dear CoinEx users,
To provide more trading options, after rigorous reviews, CoinEx will list KLAY at 03:00 on Jul 23, 2021 (UTC), and launch “KLAY Listing Campaign: Lock & Stake KLAY to mine 500,000 CET” event. The details are as follows:
KLAY Services
1. Deposit: 03:00 Jul 23 (UTC)
2. Withdrawal: 03:00 Jul 23 (UTC)
3. Trading pairs: KLAY/USDT, KLAY/BTC
4. Opening method: Call Auction
a. Call Auction
03:00-06:50 Jul 23, 2021 (UTC)
Orders can be placed and cancelled
06:50-07:00 Jul 23, 2021 (UTC)
Orders can be placed but cannot be cancelled
b. Trading
07:00 Jul 23, 2021 (UTC)
About KLAY
Website丨Explorer丨White paper
Klaytn is an enterprise-grade, service-centric platform. It combines the best features of both public blockchains (decentralized data & control, distributed governance) and private blockchains (low latency, high scalability) via an efficient 'hybrid' design. Klaytn is secured by participation from numerous highly-reputable brands around the globe, working together to create a reliable business platform atop a robust system of decentralized trust. Klaytn enables businesses and entrepreneurs today to capture value using blockchain technology. Klaytn is the future, designed by GroundX.
Blockchain Applications (BApps) are first-class citizens in Klaytn's world. We strive to offer the highest performance and the most productive environment that caters to a wide spectrum of engineering audience, from micro startups to enterprise divisions. With combination of Klaytn features, including low-latency network responsiveness, reliable yet powerful transaction throughput, flexible scalability through Service Chains, and transaction fee subsidization for end-users, BApp designers will be liberated to deliver the best experience for their customers. Further, Klaytn network's seamless interoperability with legacy enterprise assets (via Enterprise Proxy) offers quick onramp for teams planning to newly integrate blockchain features into their offerings.
The details of “KLAY Listing Campaign: Lock & Stake KLAY to Mine 500,000 CET” event are as follows:
Promotion duration
00:00 Jul 24, 2021 - 00:00 Aug 3, 2021 (UTC)
Promotion rules
During the promotion, users who stake KLAY on the promotion page can share 500,000 CET rewards. All participants can share hourly yields according to their shares of locked staking.
|
Lock & Stake |
KLAY |
|
Yield |
CET |
|
Total yield during promotion |
500,000 CET |
|
Hourly yield during promotion |
2,083.333 CET |
|
Min. staked asset per time |
100 KLAY |
|
Max. staked asset per user |
10,000 KLAY |
|
Upper limit of total staked asset |
Unlimited |
|
Requirement |
KYC verified (Sub-accounts are not included) |
Yield rules
(1) Yield calculation
During the promotion, you can lock and stake KLAY to share CET as rewards. Hourly snapshots will be taken on locked staking assets and all participants can share hourly yields according to their shares of locked staking. Hourly mining yields = Your locked staking assets / Total locked staking assets * Hourly yields
Example: According to the snapshot result of 12:00, the locked staking asset of User A is 1,000 KLAY, while the total locked staking KLAY at the time is 100,000, and the hourly yield is 10,000 CET, therefore:
Hourly yield (12:00) of User A = 1,000/100,000*10,000 =100 CET
(2) Yield allocation
Yields will be allocated to your account on an hourly basis. Please check amount and history on the promotion homepage.
(3) Yield withdrawal
After allocation, the yields are only available for manual withdrawal on promotion homepage. You can check the details in spot account. After the promotion, all mining yields will be automatically transferred to users’ spot account.
Mining instructions
(1) Lock and stake
Step 1: Buy KLAY and be ready for mining;
Step 2: Click HERE to check promotion homepage;
Step 3: Click “Stake”, enter KLAY amount and confirm.
You’ll be all set for stake mining after these procedures with ZERO risks of principal loss.
(2) Yield withdrawal
Click “Withdraw yield” on promotion homepage to withdraw yield to your spot account right away.
(3) Staking withdrawal
Click “Withdraw” on promotion homepage to unlock and withdraw KLAY to your spot account. These withdrawn asset will be frozen in 24 hours. After the promotion, all staked KLAY will be unlocked in 24 hours automatically.
*Notes:
1. CoinEx reminder: Crypto assets are innovative investment products with drastic price fluctuations and high investment risks. Before investment, we strongly advise you to fully understand project background, rationally judge the investment ability, and prudently make investment decisions.
2. CoinEx reserves the right of final interpretation of this announcement.
CoinEx Team
Jul 22, 2021
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