Pool-X introduces fixed and flexible ZIL Staking products
Pool-X’ will be rolling out Zilliqa (ZIL) fixed and flexible staking products following strong demand for ZIL on its Soft Staking platform.
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Pool-X will introduce “ZIL-7D” and “ZIL-Staking” on its platform on 8th July 2020 @ at 20:00 (UTC+8).
The subscription period for the next round of ZIL staking will start from 17th July 2020 @ 20:00 (UTC+8).
Eligilibity
To be eligible, users must hold at least 1,000 POL (excluding frozen POL) on KuCoin and Pool-X (based on the snapshot that will be taken at 23:59:59 on July 7, 2020 UTC+8).
The hard cap of the whole platform is limited, and participation is on a first-come, first-served basis.
ZIL: Fixed Staking (7-day)
Users who stake the fixed product “ZIL-7D” will receive a share of the POL mining rewards every day during the staking period in addition to the staking benefit from the project.
The estimated annual staking reward for ZIL-7D is expected to be 5% + POL.
ZIL: Flexible Staking
In the meantime, users who stake the flexible product “ZIL-Staking” will only be eligible to receive a share of the POL mining rewards every day during the staking period.
Further information may be found on Pool-X website.
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