Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Bitget PoolX is listing PIRATE NATION (PIRATE): Stake PIRATE to mine PIRATE

Bitget PoolX is listing PIRATE NATION (PIRATE): Stake PIRATE to mine PIRATE

Bitget Announcement2024/06/14 07:00
By:Bitget Announcement

Bitget PoolX is listing PIRATE NATION (PIRATE), Pirate Nation is a fully onchain pirate-themed role-playing game (RPG) on Proof of Play Apex (our own chain). PoolX, Bitget's latest stake-to-mine platform, allows users to stake specific coins to earn popular tokens. Each PoolX project will feature o

Bitget PoolX is listing PIRATE NATION (PIRATE), Pirate Nation is a fully onchain pirate-themed role-playing game (RPG) on Proof of Play Apex (our own chain).

 

PoolX, Bitget's latest stake-to-mine platform, allows users to stake specific coins to earn popular tokens. Each PoolX project will feature one or more mining pools, with token rewards distributed hourly based on participants' staking volume.

 

Mining pool details

PIRATE pool

282,500 PIRATE

Maximum PIRATE staking

2,825,000 PIRATE

Token allocation:

PIRATE pool rewards per user = user's staked PIRATE ÷ total staked PIRATE of all eligible participants × corresponding prize pool.

Mining period: 14 June, 8:00 - 24 June, 8:00 (UTC)

 

Rules:

            Token rewards from PoolX mining pools will be distributed hourly to participants based on their staking volume.

            Bitget will take a snapshot of each participant's stake every hour to determine their share and distribute rewards accordingly.

            Rewards are distributed hourly. When a user stakes during hour H, the staked amount is calculated at H+1 o'clock, and the rewards are distributed at H+2 o'clock. (For example, if a user stakes at 10:46 AM, the staked amount is confirmed at 11:00 AM, and the rewards are distributed to the user at 12:00 PM).

            When a user stakes before PoolX starts, the staked amount is calculated at the first hour, and the rewards are distributed at the second hour.

            The APR of each mining pool is calculated separately.

            Users can redeem their staked token from a mining pool at any time.

            Staked assets will be automatically returned to the user's spot account after the mining period ends.

 

Stake Now

 

Terms and conditions

1.          Participants must complete identity verification to be eligible for the promotion.

2.          All participants must strictly comply with Bitget's terms and conditions.

3.          Users must complete identity verification to participate in the promotion. Sub-accounts, institutional users, and market makers are not eligible for the promotion.

3.          Bitget reserves the right to disqualify any user from participating in the promotion and confiscate their rewards if any fraudulent conduct, illegal activities (e.g., using multiple accounts to claim rewards), or other violations are found.

4.          Bitget reserves the right to amend, revise, or cancel this promotion at any time without prior notice, at its sole discretion.

5.          Bitget reserves the right of final interpretation of the promotion. Contact customer service if you have any questions.

 

Disclaimer

Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users are strongly advised to conduct their own research and invest at their own discretion.

 

Join Bitget, the World's Leading Crypto Exchange and Web 3 Company

 

Sign up on Bitget now >>>

Follow us on Twitter >>>

Join our Community >>>

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Bitcoin dips below $100,000, memecoins plummet as market responds to US tariffs

The crypto market has dipped in response to President Trump’s plan to enact steep tariffs on imported goods from Canada, Mexico, and China beginning on Tuesday.Canada and Mexico have ordered retaliatory tariffs in response, while China promised “corresponding countermeasures” and said it would file a lawsuit with the WTO.Memecoins were particularly hard-hit by the downturn, with many top coins seeing double-digit percentage drops. Trump’s memecoin has fallen nearly 30% over the past week.

The Block2025/02/02 17:11

Ethereum Price Dips, Yet Increased Buying Activity Indicates Promising Future

Despite Bearish Trends, Increased Buying Activity Hints at Potential Breakout for Leading Altcoin, Ethereum

Coineagle2025/02/02 17:11

Overview: SOL vs ETH – Deciphering Key Aspects of the Solana-Ethereum Ratio

Untangling the SOL/ETH Dynamics: An In-Depth Look at Solana's Potential for Recovery Following Its Recent 25% Decline

Coineagle2025/02/02 17:11

Two Whales Messed Up on Two Different Altcoins – Forced to Sell at a Huge Loss on the Last Drop

According to Onchain data, two different crypto whales sold their positions after losing on two altcoins. Here are the details.

Bitcoinsistemi2025/02/02 17:00