OKX announces Phase 3 of its OKB Jumpstart staking mining program, enabling OKB holders to earn MXT rewards through flexible participation.
🔹 Staking Mining Key Details
Parameter | Specification |
---|---|
Staking Asset | OKB |
Reward Token | MXT |
Total Rewards Pool | 750,000,000 MXT |
Duration | 14 days |
Min Stake | None |
Max Stake per User | 2,000 OKB |
Global Cap | No limit |
Staking Window | Sep 24, 14:00-18:00 (HKT) |
Eligibility | KYC Level 2 Verified Users |
MXT Trading Starts | Sep 25, 14:00 (HKT) |
🔹 How Rewards Are Calculated
- Real-Time Accrual: MXT rewards update hourly and can be claimed anytime.
- Formula:
Your Hourly MXT = (Your OKB Staked ÷ Total OKB Staked) × Hourly MXT Release
Example:
If you stake 100 OKB when the pool totals 100,000 OKB and 10,000 MXT are released hourly:
Reward = (100 ÷ 100,000) × 10,000 = 10 MXT/hour
🔹 Step-by-Step Participation Guide
▶ Staking Process
- Prepare: Transfer OKB to your Funding Account before staking begins.
- Stake: During the 4-hour window (Sep 24, 14:00-18:00 HKT):
- Navigate to Finance > Jumpstart on OKX.
- Enter your OKB amount and confirm.
▶ Withdrawing Rewards & Unstaking
- Claim MXT: Click “Extract” to send rewards to your Funding Account.
- Unstake OKB: Click “Unstake” anytime—OKB returns to your Funding Account.
🔹 Project Spotlight: MixTrust (MXT)
- Protocol: Ethereum-based decentralized synthetic asset platform enabling cross-chain trading and collateralized loans.
- Reward Rate: $0.002 per MXT
- Total Allocation: 750M MXT
- Trading Pair: MXT/USDT launches Sep 25, 14:00 HKT
🔹 Important Reminders
✅ Global Access: Available to users worldwide.
✅ Funds Management: Only OKB in Funding Accounts can be staked. Staked OKB are frozen until manually unstaked.
❌ Sub-Accounts: Not eligible for this program.
After mining ends, unstaked OKB and unclaimed MXT auto-return to your Funding Account.
FAQ
❓ Can I stake after the 4-hour window?
No—staking is ONLY possible during the specified window (Sep 24, 14:00-18:00 HKT).
❓ Are rewards compounded automatically?
No, rewards must be manually claimed but accrue hourly.
❓ Is there a penalty for early unstaking?
None—unstake OKB anytime without fees.
❓ How is MXT’s value determined?
The $0.002 rate is fixed for mining; market trading begins Sep 25.
❓ Can I participate with multiple OKX accounts?
No—only one KYC-verified account per user.
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