OKX Jumpstart mining will commence on July 29, 2024, at 6:00 AM UTC. BTC and ETH holders can stake their assets to mine MAX tokens as rewards.
Staking Rules
- Supported Tokens: Bitcoin (BTC) and Ethereum (ETH)
- Reward Token: MAX
- Total MAX Tokens Available: 20,000,000 across BTC & ETH pools
- Mining Period: July 29, 2024 (6:00 AM UTC) – August 5, 2024 (6:00 AM UTC)
- Minimum Stake per User: None
- Maximum Stake per User: 0.3 BTC or 3.5 ETH
- Staking Flexibility: Stake/unstake anytime
- Trading Start Date: August 5, 2024 (exact time TBA)
Eligibility Criteria
- Restricted Regions: Mainland China, Hong Kong, and Korea are excluded.
- KYC Requirement: Identity verification must be completed.
Reward Calculation
- Real-Time Rewards: Earned tokens are calculated minute-by-minute and can be withdrawn anytime.
Formula:
User’s Minute Reward = (Staked Amount / Total Staked Amount) × Tokens Released per MinuteExample:
If you stake 0.1 BTC/ETH while the total pool is 1,000 BTC/ETH and 10,000 MAX tokens are released per minute:Reward = (0.1 / 1,000) × 10,000 = 1 MAX per minute.
How to Stake/Unstake
🔹 Staking Steps
- Deposit: Transfer BTC/ETH to your OKX funding account before mining starts.
- Navigate: Go to Grow > Jumpstart in the OKX app.
- Stake: Click "Stake," enter your amount, and confirm.
🔹 Unstaking Steps
- Click "Unstake" to release your BTC/ETH instantly. Funds return to your funding account.
👉 Start staking now to maximize your MAX rewards!
About Matr1x (MAX)
Matr1x is a cutting-edge Web3 entertainment platform merging gaming, AI, and esports. It aims to revolutionize digital content through blockchain and AI.
FAQs
❓ Can I stake both BTC and ETH?
✅ Yes! You can stake either or both, up to 0.3 BTC and 3.5 ETH.
❓ When will MAX trading begin?
⏳ Trading starts on August 5, 2024—details to be announced.
❓ Are rewards compounded automatically?
🔁 No, rewards are distributed per-minute and must be manually claimed.
❓ Is there a lock-up period?
🔓 No! Stake/unstake anytime during the event.
👉 Learn more about Matr1x’s innovative ecosystem here!
Stake your BTC/ETH today and earn MAX tokens with OKX Jumpstart!