Last updated on April 14th, 2022 at 11:17 am
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OKEx has announed the introduction of Gods Unchained on OKEx Jumpstart starting at 6:00 (UTC) on October 22, 2021. OKB holders can stake OKB to mine GODS tokens in return.
The maximum amount of OKB per account is 2000 OKB. There is only 2,000,000 GODS available for mining which ends on 29th October. Only level 2 KYC account is qualified and they can stake and unstake anything within the mining period.
II. Calculation Rule of Staking Rewards
1. The staking rewards are GODS tokens acquired by participating in OKEx Jumpstart Mining. The staking rewards is calculated in real time and can be withdrawn at any time.
2. Hourly User’s Rewards = the amount of personal OKB staked / the total amount of OKB staked*newly released tokens per hour
For example: If the amount of user’s OKB staked is 100, and the total amount of OKB staked at that time is 100,000 along with the amount of GODS released per hour is 10,000, then:
The user’s hourly rewards=100/100,000*10,000 = 10 GODS
3. When the project confirms the time of GODS on-chain transfer, OKEx will release a new announcement for the time of GODS deposit, withdrawal and trade.
III. Tutorial on Stake and Unstake
1. Stake process:
Step 1: Before mining starts, transfer your OKB to the funding account in advance;
Step 2: Log in to the OKEx official website and click “Finance” – “Jumpstart”;
Step 3: After mining starts, click “Stake”, enter the amount of OKB and confirm.
After completing the above-mentioned three steps, you can start your mining!
2. Unstake process:
Step 1: Click “Harvest” to get staking rewards, which will be distributed to the funding account.
Step 2: Click “Unstake” to release OKB at any time, and the OKB unstaked will be automatically returned to the funding account.
IV. Project Introduction
Gods Unchained is a free play-to-earn trading fantasy card game with epic duels between players. The game uses the Ethereum blockchain so that players have true digital ownership over their items that can be turned into NFTs on the ERC-721 standard. Players can earn and sell their items for real money, use them in Gods Unchained and even embed them into third-party games and tools. This makes Gods Unchained completely different from the mainstream games.
For more details of the project, please refer to: Introduction of Gods Unchained-Project of OKEx Jumpstart Mining.
V. Others
1. Only OKB in the Funding Account can be used for staking. Please transfer your OKB to the funding account in advance. The OKB staked will be frozen and can be unstaked at any time. The OKB unstaked can be seen in the funding account.
2. After mining is completed, the remaining OKB unstaked will be automatically unfrozen. The rewards which are not harvested will be automatically transferred to the funding account.
3. Sub-accounts cannot participate in this event.
About OKEx
A world-leading cryptocurrency spot and derivatives exchange, OKEx offers the most diverse marketplace where global crypto traders, miners and institutional investors come to manage crypto assets, enhance investment opportunities and hedge risks.
We provide spot and derivatives trading — including futures, perpetual swap and options — of major cryptocurrencies, offering investors flexibility in formulating their strategies to maximize gains and mitigate risks.
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