Q: What is Pool-X?
Pool-X is the next generation PoS mining pool, supporting lockup crypto transactions. Pool-X works on the core value of empowering digital asset staking. It is a single/multi-currency and multi-node trading platform that provides users with quick access to select high-quality staking pools and nodes. Based on the nature of the Pool-X mechanism, it also established a competitive system to offer a liquidity trading market, node integration and operational solutions.
Q: What is the relationship between the Pool-X and KuCoin?
Pool-X is an independently operated pool that is co-incubated by KuCoin and its partners.
Q: What is the background of Pool-X?
The tokens that are produced by POS mechanisms are respectively composed of two parts, free circulation, and locked positions. The staking rate of many existing POS/DPOS projects often occupy 50% of their total circulation, with some ecologically healthy and high-quality projects topping at 70% of total circulation. These trailblazers are the vitality of the ecosystem, for which there is a huge demand that has not yet been effectively explored or satisfied.
Pool-X is the next generation PoS mining pool, supporting lockup crypto transactions. In order to meet the demand for real-time liquidity supply of crypto assets that are currently held in staking, the trading market will be matched by both liquidity providers and bidders. This also enables the reduction of the friction cost for users joining the nodes. Ultimately, Pool-X facilitates the development of the staking ecosystem and drives more traffic to the market.
Q: What are the new features of Pool-X？
- Zero reservations of POL for decentralized points/credits are to be provided to the team or any individual upfront. POL is the medium for liquidity bidding in the liquidity trading market, driving the positive operation of the entire trading market. The total supply of POL consists of three major parts: LockDrop, Mining and the budget system. The more and earlier users participate in the staking of mining nodes, the more POL allocations users will get, which is fair and just.
- In addition to the regular return on staking, Pool-X also offers a certain amount of POL through POL mining to users.
- The liquidity evaluation system measures the liquidity of the corresponding cryptocurrency integrated with Pool-X nodes to adjust the allocation from staking mining.
Q: What are the advantages of Pool-X compared with other Pools?
Users can obtain the full mining income and POL, and staking tokens can be traded in the liquidity trading market.
Q: What is the vision of Pool-X?
POL-Chain development and upgrade.
Initiation of decentralized governance of liquidity certificates.
To promote the development of cryptocurrency and staking economies by making great contributions to them.
Q: How do users make profit from Pool-X？
- Users can get POL by making a transaction in the liquidity trading market.
- Users can secure the right of governance, voting and validation of the data, as well as the right to enjoy the PoS returns via staking POL with the nodes.
- Users can get regular returns from staking and a certain amount of POL.
Q: What is the roadmap of Pool-X?
Initiate the centralized platform and proceed production mode validation and service promotion
Launch the Liquidity Trading Platform 1.0
Launch the Liquidity Evaluation System
Integrate with more coins and nodes of high quality
Launch the decentralized test net
Launch the decentralized main net
Improve node integrating technology and operation schemes
Release all services and products on blockchain
Further improve the construction and operation of the product ecosystem