Dear OKX Users,
We're excited to announce the launch of our OKB staking mining program for TONCOIN through OKX Jumpstart, providing OKB holders with a new opportunity to earn rewards.
Staking Mining Rules
| Parameter | Detail |
|---|---|
| Staking Token | OKB |
| Mining Token | TONCOIN |
| Total Supply | 1,000,000 TONCOIN |
| Staking Period | 48-hour window |
| Individual Cap | 1,000 OKB |
| Staking Flexibility | Anytime deposit/withdraw |
| Eligibility | KYC2 verified users |
👉 Learn more about staking flexibility
Reward Calculation Mechanism
- Participants earn TONCOIN tokens proportional to their staked OKB amount, with real-time accrual and instant withdrawal capability.
- Hourly rewards = (Your staked OKB / Total staked OKB) × Hourly TONCOIN release
Example: If you stake 100 OKB when total staked OKB is 100,000, with 10,000 TONCOIN released hourly:
100 ÷ 100,000 × 10,000 = 10 TONCOIN/hour
- TONCOIN trading will commence after chain transfers are enabled by the project team, with exact timing communicated separately.
Step-by-Step Participation Guide
Staking Process
- Transfer OKB to your funding account before mining starts
- Navigate to: Financial Services → Jumpstart
- Click "Stake" and input your OKB amount when mining begins
Withdrawal Process
- Click "Claim" to receive mining rewards to your funding account
- Click "Unstake" to release OKB anytime (funds return automatically)
All staked assets and rewards will be distributed within 1 hour post-event.
Project Overview: TON Network
TON is a PoS Layer 1 network featuring:
- Infinite sharding capability
- Millions of TPS capacity
- HyperCube technology for cross-chain interoperability
- Integrated decentralized storage, DNS, and site hosting
Originally initiated by Telegram in 2019, TON now thrives through open-source community development, aiming to become a comprehensive Web3.0 ecosystem.
👉 Discover TONCOIN's potential
Key Reminders
- Only OKB in funding accounts can be staked
- All unstaking occurs automatically post-event
- Sub-accounts cannot participate
- Rewards auto-credit to funding accounts
FAQ Section
Q: Is there a minimum staking amount?
A: No minimum - stake any OKB amount up to 1,000 OKB.
Q: When can I trade TONCOIN?
A: Trading begins after chain transfers are enabled, with exact date announced later.
Q: How often are rewards distributed?
A: Rewards accrue hourly and can be claimed anytime during the event.
Q: Can I unstake and restake during the event?
A: Yes - flexible staking allows unlimited adjustments.
Q: What happens to unclaimed rewards?
A: All remaining rewards auto-credit to funding accounts post-event.
Q: Why KYC2 requirement?
A: This ensures compliance while maintaining high security standards.
OKX continues to innovate with valuable opportunities for OKB holders. Stay tuned for more ecosystem developments!