Dear OKEx Users,
OKEx Jumpstart Staking will commence on December 07, 2021, at 14:00 (HKT). OKB holders can stake their OKB to earn DEVT tokens as rewards.
Staking Rules & Details
1. Staking Mechanics
- Participants must stake OKB from their funding accounts.
- Staked OKB remains locked but can be unstaked anytime.
2. Reward Calculation
Rewards are distributed in DEVT tokens, calculated hourly based on proportional staking.
Formula:
Hourly Reward = (Your OKB Staked / Total OKB Staked) ร Hourly DEVT ReleaseExample:
If you stake 100 OKB out of 100,000 total staked OKB, with 10,000 DEVT released hourly:Hourly Reward = (100 / 100,000) ร 10,000 = 10 DEVT- Rewards accrue in real-time and can be claimed anytime.
3. Token Transactions
- DEVT deposits, withdrawals, and trading will be enabled once chain transfers are activated by the project team. Stay tuned for updates.
Step-by-Step Participation Guide
โถ How to Stake OKB
- Prepare: Transfer OKB to your funding account before the event starts.
- Navigate: Log in to ๐ OKEx Official Website, go to Finance > Jumpstart.
- Stake: Click "Stake," enter OKB amount, and confirm.
โถ Unstaking & Claiming Rewards
- Claim Rewards: Click "Extract" to send DEVT rewards to your funding account.
- Unstake OKB: Click "Unstake" to release OKB, which returns to your funding account.
- Post-Event: All staked OKB and unclaimed rewards auto-distribute within 1 hour after the event ends.
Project Overview: DeHorizon
DeHorizon is a multi-chain metaverse gaming ecosystem featuring:
- DeVerse: Team-based battles.
- DeTournament: Battle royale gameplay.
- DeQuidditch: Dragon-racing competitions.
Vision: Create an open, cross-chain metaverse where players "Play for Fun and to Earn" while building their second lives.
๐ Learn more about DEVT (DeHorizon)
Key Terms
- OKB: OKExโs utility token.
- DEVT: Native token of DeHorizon.
- Jumpstart: OKExโs launchpad for staking projects.
FAQ Section
โ Can I unstake OKB mid-event?
โ Yes! Unstake anytime, and OKB returns to your funding account.
โ How often are rewards calculated?
โณ Rewards update hourly and can be claimed instantly.
โ When will DEVT trading begin?
๐ Trading starts once DeHorizon enables chain transfers. OKEx will announce the date.
โ Are sub-accounts eligible?
โ No, only master accounts can participate.
Final Notes
- Only OKB in funding accounts is eligible.
- Post-event, remaining OKB auto-unstakes, and unclaimed rewards auto-distribute.
OKEx Team
December 06, 2021 (HKT)