The first event - Lock up BTC to Mine PCX has successfully ended with the annualized rate of return in 30 days of 14%. CYBEX will launch the second one to further provide more benefits.
CYBEX will launch the second event - Lock up BTC to Mine PCX on August 26 12:00. Users shall one-click lock up their BTC and wait for 30 days, to receive benefits from mining PCX. After the end of lock up period, the locked-up BTC will be automatically unlocked to the account, and the benefits from mining PCX will be automatically released.
- Event Details
Time for locking up your BTC: August 26, 2019 12:00 - August 27, 2019 23:59
Participation Threshold: The minimum lock up amount is 0.01 BTC, and the upper limit of locking up your BTC in each account is 10 BTC.
Lock up Period: August 28, 2019 - September 27, 2019
Time for unlocking your BTC: September 28, 2019
Bonus Releasing Time: September 30, 2019
For detailed calculation on the benefits, please refer to the link: https://github.com/chainx-org/ChainX/wiki/%E5%85%85%E5%80%BC%E6%8C%96%E7%9F%BF
- [Participation Process]
(1) Deposit BTC on CYBEX Exchange, and then, click to participate in the event - Lock up BTC to Mine PCX during the event time.
(2) Users can add lock up more BTC for multiple times before the expiration of the event on August 27. And total lock-up amount shall be no more than 10 BTC.
(3) CYBEX will record the lock-up amount after the end of lock-up period and deposit BTC to mine PCX on ChainX. The lock-up period is 30 days, and the redemption time is 3 days, which is users can unlock the assets to claim BTC on September 28, and they can receive PCX benefits from locking up BTC to mine PCX on September 30.
(1) The minimum lock-up amount is 0.01 BTC 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 August 28 for the convenience, which means users can receive the benefit from locking up BTC to mine PCX on September 30. Cybex will charge for 10% benefits from mining PCX as processing fee.
(3) Cryptocurrency investment is subject to high market risk. Please make your investments cautiously.
*CYBEX has the right of final interpretation 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.
Based on deposit mechanism to mine PCX of ChainX, the system will never generate PCX directly whatever users deposit BTC or map DOT. Instead, it will automatically convert deposited BTC to equal amount of PCX mining power on the basis of the rule, in order to receive bonus of every dividend cycle.
CYBEX launches the event - Lock up BTC to Mine PCX. Users can deposit and lock up BTC on CYBEX Exchange to receive the benefits from mining PCX.
Any questions, please contact CYBEX assistants.
Assistant A (CybexServiceA)
Assistant B (CybexServiceB)
Note: WeChat service time: 9:00 - 23:00
If you have any questions, please send an email to email@example.com. We will answer your questions within 24 hours.