Dear OKX Users,
OKX is launching the SUI Chain-Based Staking Airdrop Event on April 19, 2024, at 14:00 (UTC+8), offering you dual benefits: staking rewards and airdrop opportunities.
Event Details
1. Participation Requirements
- Complete identity verification.
- Stake a minimum of 1 SUI during the event period.
2. Staking Rules
- A snapshot of your SUI holdings in OKX’s chain-based staking products will be taken at 14:00 (UTC+8) on April 19, 2024, to establish your baseline.
- Daily snapshots at 14:00 (UTC+8) will track your average additional staked amount above the baseline. This determines your reward share—earlier participation maximizes returns.
3. Reward Calculation
Your airdrop = (Your avg. additional staked amount / Total users’ avg. additional staked amount) × Prize pool.
Example:
- User A stakes 5 SUI initially, then 5 more on Day 1 (total: 10 SUI), and another 5 on Day 7 (total: 15 SUI).
- Avg. additional stake: 7.5 SUI.
- If total users’ avg. stake = 1,000 SUI, User A’s reward:
(7.5 / 1,000) × 10,000 SUI = 75 SUI.
4. Prize Pool
| Event Period | Prize Pool | Token |
|----------------------------------|----------------|-----------|
| Apr 19, 14:00 – Apr 26, 14:00 (UTC+8) | 10,000 SUI | SUI |
5. Distribution Rules
- Rewards distributed in spot SUI within 7 working days post-event.
- OKX may convert rewards to vouchers/USDT based on jurisdictional restrictions.
Key Notes
- Only main accounts eligible.
- Rewards subject to market volatility; OKX isn’t liable for value fluctuations.
- Terms may change without notice; OKX holds final interpretation rights.
👉 Maximize your staking rewards now
FAQs
Q1: Can I participate with a sub-account?
A: No, only main accounts qualify.
Q2: How is my average additional stake calculated?
A: Daily snapshots compare your stake to the baseline; the mean increase determines rewards.
Q3: What if I unstake during the event?
A: This reduces your avg. additional stake, lowering potential rewards.
Q4: Are there geographic restrictions?
A: Yes, users from certain jurisdictions (per OKX’s terms) may be ineligible.
👉 Learn more about staking strategies
Terms apply. Digital assets are volatile; invest responsibly.
OKX Team
April 19, 2024