The OKX Jumpstart Mining event offers CHZ and OKB holders the opportunity to stake their tokens and earn SPURS, the official fan token of Tottenham Hotspur Football Club. Below is a detailed guide to participation, staking rules, and key project information.
Staking Rules
| Token Staked | CHZ/OKB |
|---|---|
| Token Earned | SPURS |
| CHZ Pool Allocation | 400,000 SPURS |
| OKB Pool Allocation | 100,000 SPURS |
| Mining Period | Oct 23, 2023 (6:00 AM UTC) – Oct 26, 2023 (6:00 AM UTC) |
| Minimum Staking | None |
| Maximum CHZ Staking per User | 150,000 CHZ |
| Maximum OKB Staking per User | 200 OKB |
| Staking Flexibility | Stake/unstake anytime |
| Trading Start Date | Oct 26, 2023 |
👉 Learn more about OKX Jumpstart
Participation Requirements
- Eligibility: Available to users in East Asia (excluding China, Hong Kong, Macau, Mongolia, North Korea, and Japan).
- KYC Verification: Must complete identity verification.
Reward Calculation
- Real-Time Rewards: Tokens are calculated per minute and can be withdrawn anytime.
- Formula:
[
\text{Per Minute Rewards} = \frac{\text{Your Staked Tokens}}{\text{Total Staked Tokens}} \times \text{Tokens Released per Minute}
]
Example: If you stake 100 OKB when the pool totals 100,000 OKB and 10,000 tokens are released per minute, your reward is 10 SPURS/minute.
How to Stake/Unstake
Staking Steps
- Transfer CHZ/OKB to your OKX funding account.
- Navigate to Grow → Jumpstart in the OKX app.
- Click Stake, enter the amount, and confirm.
Unstaking
- Click Unstake to release tokens instantly.
- Rewards are auto-distributed to your funding account within 2 hours post-event.
About SPURS Fan Token
$SPURS empowers Tottenham Hotspur fans via Socios, offering:
- Exclusive Polls: Vote on club decisions.
- Predictions & Rewards: Earn points for match predictions and engagements.
- Unique Experiences: Redeem points for VIP club events.
Tokenomics
- Total Supply: 40,000,000 SPURS
Distribution:
Category Allocation Jumpstart/FTO 1.25% each Global Launch 5.50% Fan Marketing 10.00% Ecosystem Development 10.00% Fan Rewards & Engagement 72.00%
👉 Explore Tottenham Hotspur’s official site
FAQs
Q1: Can I unstake my tokens before the mining period ends?
A: Yes, unstake anytime with no penalties.
Q2: Are rewards automatically credited?
A: Yes, they’re sent to your funding account within 2 hours post-event.
Q3: Which countries are eligible?
A: East Asia (excludes China, Hong Kong, Macau, Mongolia, North Korea, and Japan).
Q4: Is there a minimum staking amount?
A: No, but maximum limits apply (150,000 CHZ or 200 OKB per user).
Q5: When does SPURS trading begin?
A: October 26, 2023, post-mining.
Terms & Conditions
- OKX reserves the right to disqualify fraudulent participants.
- Rewards are subject to OKX’s terms and risk disclosure.
Risk Warning: Digital assets are volatile and uninsured. Conduct independent research before participating.