OKX Jumpstart mining begins at 10:00 AM UTC on January 30, 2024. BTC and OKB holders can stake their assets to mine ZETA tokens.
Staking Rules
| Parameter | BTC Pool | OKB Pool |
|---|---|---|
| Staking Token | BTC | OKB |
| Reward Token | ZETA | ZETA |
| Total Reward Pool | 5,250,000 ZETA | 5,250,000 ZETA |
| Mining Period | Jan 30, 10:00 UTC - Feb 1, 00:00 UTC 2024 | |
| Minimum Stake | None | None |
| Maximum Stake Per User | 0.3 BTC | 200 OKB |
| Staking Flexibility | Stake/unstake anytime |
👉 Learn how to maximize your staking rewards
Participation Requirements
- Eligible Countries: Korea, Turkey, Russia, Ukraine, Georgia, Belarus, Kazakhstan, Uzbekistan, Armenia, Moldova, Azerbaijan, Tajikistan, Kyrgyzstan, Turkmenistan
- KYC Verification: Must be completed
Reward Calculation
- Rewards are calculated in real-time and can be claimed anytime.
- Formula:
User's minute reward = (User's staked amount / Total staked amount) * Tokens released per minute
Example: If you stake 100 OKB in a pool with 100,000 total OKB staked, and 10,000 ZETA are released per minute, your reward would be: (100 / 100,000) * 10,000 = 10 ZETA/minute
How to Stake/Unstake
Staking Process
- Transfer BTC/OKB to your funding account before mining begins.
- Log in to OKX App → Grow → Jumpstart.
- Click "Stake," enter amount, and confirm.
Unstaking Process
- Click "Unstake" to release assets (returns to funding account).
- Unclaimed rewards auto-credit within 2 hours post-event.
About ZetaChain (ZETA)
ZetaChain is an omni-chain blockchain enabling interoperable dApps across networks (Ethereum, Bitcoin, etc.), unifying crypto assets.
Token Allocation
| Category | Allocation |
|---|---|
| Jumpstart | 0.50% |
| User Growth Pool | 9.50% |
| Ecosystem Growth Fund | 12.00% |
| Core Contributors | 22.50% |
| Purchasers | 16.00% |
| Liquidity Incentives | 5.50% |
| Validator Incentives | 10.00% |
| Protocol Treasury | 24.00% |
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FAQ
Q1: Can I unstake my tokens anytime?
A1: Yes, staking is flexible with no lock-in period.
Q2: When will ZETA trading begin?
A2: Trading opens on February 1, 2024 (exact time TBA).
Q3: Is there a minimum stake amount?
A3: No minimum stake requirement for either pool.
Q4: How are rewards distributed?
A4: Rewards auto-credit to your funding account post-mining.
Q5: Which countries are eligible?
A5: See the "Participation Requirements" section above.
Q6: What’s ZetaChain’s unique value?
A6: It enables cross-chain dApps, integrating assets like Bitcoin and Ethereum seamlessly.