1.What is new coin staking?
XT platform will obtain high-quality STAKING projects from time to time, and the project will issue a coin with fixed quota in return. Users can obtain the proceeds of the project party through the pledged asset.
2.How to purchase new coin staking?
- During the warm-up period, you can see the coin obtained and the pledged assets. Users can go around with it or buy the pledged coins before the activity starts.
- Once the activity starts, you may click on the pledge button and pledge the corresponding coin to obtain income.
3.How to obtain and calculate income?
- If the pledge is successful by 23:00 hours on the same day, the income will be paid at 23:00 hours on the day, and the pledged coin will be successfully released at 23:00 hours the next day.
- Real-time annualization of a pledged coin = the day's income of the coin (change to USDT) / the value of the locked amount of coin (change to USDT) * 365 *100%, of which the daily income is fixed, so real-time annualization changes in real-time with the total locked amount and exchange rate changes.
- Daily income of users of coin A = (real-time annualization of coin A/365) * total locked amount in coin A of the user on the same day.
For example, user A pledged XT and 100 USDT worth 1000 USDT at 15:00 hours, and the XT's real-time annualization was 10000%, USDT was 1000%. As the lock-up volume increased over time, on that day of releasing income, XT real-time annualization became 3650%, USDT became 365%, so user A gets revenue worth (3650%/365)*1000+(365%/365)*100=110USDT in the new coin.
4.How to play STAKING differently?
Let's say XT platform has launched a new coin STAKING activity, with the coin being TRX and the pledged coin being XT, USDT, TRX.
- During the warm-up period, the corresponding yields of the pledged currency are: 6666%, 6666%, and 666%. At this time, users can purchase coin (XT) with a higher yield to snap up when the activity starts.
- Once the activity started and realized that the number of people buying XT was higher, resulting in a 555% drop in the rate of return, while the USDT caught no interest, and its rate of return was still 6666%. At this time, users can purchase USDT to obtain high returns.
- After obtaining daily income, you can re-use the income to pledge to obtain higher income, or you can go to the market to trade.
After adding the redemption function: observe the rate of return in real-time, redeem the pledged coin with a low rate of return, and buy the coin with a high rate of return at the same time.