CYBEX will launch the event - Lock Up PCX Tokens to Mine PCX on July 3 14:00, which means locking up for 23 days to enjoy 20% benefits from mining PCX.
Event Time: July 3, 2019 14:00 - July 5, 2019 14:00
Participation Threshold: The minimum lock up amount is 30 PCX.
Time for Unlocking PCX: July 28, 2019
Bonus Releasing Time: July 29, 2019
Expected Profits: 20%
①. Deposit PCX on CYBEX Exchange, and then, click to participate in the event - Lock up PCX Token to Mine PCX during the event time.
② Users can add lock up more PCX for multiple times before the expiration of the event on July 5 14:00.
③ CYBEX will record the lock-up amount after the end of lock-up period and vote for mining PCX on ChainX. The lock-up period is 20 days, and the redemption time is 3 days, which is users can unlock the assets to claim PCX on July 28, and they can receive PCX benefits from locking up PCX tokens to mine PCX on July 29.
① The minimum lock-up amount is 30 PCX in the event. Please ensure that your account has enough CYB since the locking up will charge for a certain amount of CYB as processing fee.
② CYBEX will calculate the lock-up benefits on July 6 for the convenience, which means users can receive the benefit from locking up PCX tokens to mine PCX on July 29. Cybex will charge for 3% benefits from mining PCX as processing fee.
③ The Voting for Mining PCX was carried out by Hashquark, a witness node of ChainX commissioned by CYBEX.
④ ChainX is carrying out the first cycle of trust, opening BTC deposit and launching locking up PCX tokens to mine PCX. After that, power distribution and benefits will undergo huge changes, and the profits will fluctuate. The final profits are subject to the official.
⑤ Cryptocurrency investment is subject to high market risk. Please make your investments cautiously.
*CYBEX has the right of final interpretation of the event.
Description of the Event: PCX is the ecological (ECO) token of ChainX with a total amount of 21 million. ChainX is an asset inter-chain project based on Polkadot, and it is also an official cooperation project of Polkadot. It has already supported BTC inter-chain, and will gradually support ETH, EOS, BNB and other mainstream coins.
ChainX pioneered the voting mechanism to mine PCX, which refers to the PCX that the user mined can be used to manually vote for some validators, and PCX value and PXC vote are total weight for mining PCX of the user. Total weight of the user will be equally split, and the received PCX can continue to vote or wait for the increase in value of inter-chain assets to receive more mining weight.
However, due to the difficulty of voting for mining PCX, CYBEX Exchange has launched the event - Lock up PCX Token to Mine PCX. Users can lock up PCX tokens on CYBEX with a lock-up period of 23 days to enjoy the expected 20% PCX benefits!
July 03, 2019
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