Introduction:
Dear OKEx users,
OKEx is pleased to announce the official launch of KSM staking mining services on January 7, 2021, at 16:00 (HKT). With just one click, you can stake your KSM tokens and receive daily mining rewards, with an expected annualized yield of 14%. Final rewards will be based on actual on-chain returns.
Key Features of KSM Staking on OKEx
- Zero Infrastructure Costs: OKEx covers all node setup expenses.
- Full On-Chain Rewards: 100% of earnings are distributed to users.
- Automated Payouts: Rewards are credited to your account within T+1 days.
Participation Rules
- Reward Calculation: Daily earnings are proportional to your staked amount relative to the platform’s total staked KSM.
- Payout Schedule: Distributed daily at 11:00 (HKT) directly to your funding account.
- Minimum Stake: 0.1 KSM.
How to Participate
Web: Navigate to Financial Services > Earn and select KSM staking.
Mobile App: Access via the Earn section on the homepage.
FAQs
Q1: Is there a lock-up period for staked KSM?
A: No, rewards are calculated daily, and you can unstake anytime.
Q2: How are rewards taxed?
A: Tax implications vary by jurisdiction. Consult a local tax advisor.
Q3: Can I track my staking performance?
A: Yes, real-time data is available in your OKEx account.
Why Choose OKEx?
- Security: Industry-leading custody solutions.
- Transparency: On-chain verifiable rewards.
- User-Centric: Simplified processes for beginners and experts alike.
👉 Explore more earning opportunities
Last Updated: January 5, 2021 (HKT)
OKEx reserves the right to modify terms based on network conditions.
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