What is Launchpool?
1. Eligibility for Launchpool Participation
- Market makers, institutional accounts, and users from restricted regions or countries are not eligible to participate in Launchpool events.
- A minimum staking amount is usually required, and staked assets are locked for the duration of the event.
- MX tokens staked in Launchpool can be used to participate in other events, such as Kickstarter.
2. How to Participate in Launchpool
2.1 How to Stake
2.2 How to Redeem Staked Tokens
2.3 How to Check Staking Rewards
3. Frequently Asked Questions
3.1 Can I redeem staked tokens anytime?
3.2 Can I redeem tokens after the staking period ends?
3.3 Can staked MX tokens be used to participate in other events?
3.4 How are daily rewards calculated?
3.4 When are rewards calculated and distributed?
- Hourly Distribution: Rewards for locked assets are calculated within T+1 hours and distributed every hour.
- Daily Distribution: Rewards are settled after T+1 days and transferred directly to Spot accounts.
- End-of-Event Distribution: All rewards are distributed within 1 hour of the event's conclusion.
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