OKX Announces Addition of Notcoin to Jumpstart Mining
OKX, a leading cryptocurrency exchange, announced the addition of Notcoin (NOT) to its Jumpstart Mining program. TON holders will be able to stake their tokens and earn NOT in return starting May 13, 2024 at 6:00 AM (UTC).
Details of the Notcoin Staking Agreement
According to the announcement, TON will be the token for staking and users will not earn any profits in rewards. There are a total of 1,283,990,271 NOT tokens available for mining in the NOT staking pool. The mining period will run from 6:00 AM UTC on May 13, 2024 to 6:00 AM UTC on May 16, 2024. There is no set minimum staking amount per person, but the maximum staking amount per person in TON is limited to: 4,000. Users can begin trading mined tokens to stake and unstake at any time starting May 16, 2024 until further notice.
Staking Terms and Participation
Participants from Mainland China, Hong Kong, and Korea are not eligible to participate in this campaign. Participants must complete identity verification to participate in the staking process. Staking rewards are calculated in real time and users can withdraw them at any time. A user’s per minute reward is calculated by dividing the amount of tokens staked by the total amount of tokens staked and then multiplying by the amount of tokens released per minute.
Introduction to Notcoin (NOT)
Ton’s community token, Notcoin, was widely distributed through a viral game on Telegram that already had 35 million players. The current phase is focused on building an ecosystem around NOT, including a gaming platform and web3 project exploration tools. The total supply of Notcoin is 102,719,221,714.
Terms of Use
OKX Jumpstart Mining limits its services in certain locations due to local laws and regulations. As a result, if you do not meet these eligibility requirements, you will not be able to use the OKX Services. OKX reserves the right to disqualify or suspend any participant’s account and confiscate all rewards from any participant found to have engaged in dishonest or abusive behavior. Additionally, participants are advised that the value of the prize may fluctuate due to market changes and that all taxes and fees associated with the prize are the sole responsibility of the recipient.
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