OKX Jumpstart Participation Guide

CN
9 hours ago

What is OKX Jumpstart?

OKX Jumpstart is a platform where users can earn new tokens by staking their digital assets, typically OKB or BTC. It provides an opportunity to participate in new projects and receive rewards.

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Detailed introduction to the Animecoin (ANIME) in this OKX Jumpstart event:

Animecoin is a "cultural token" aimed at transforming the anime industry into a community-owned digital ecosystem. Its goal is to enable one billion anime fans worldwide to collectively shape and own the future of anime. Animecoin is built on the community of Azuki, a leading Web3 anime brand launched in January 2022. Users can earn newly issued ANIME tokens by staking their existing crypto assets, namely OKB or BTC, through the OKX Jumpstart event.

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Detailed Participation Steps

1. Register and verify your OKX account: Access the OKX official website and register an account.

Complete the identity verification (KYC) process. This usually involves submitting identification documents to ensure you meet the verification level required for specific projects. Please note that users from Hong Kong and South Korea are not eligible to participate in the ANIME Jumpstart.

2. Acquire OKB or BTC: Purchase on OKX: Buy OKB or BTC directly using other cryptocurrencies (like USDT) on the OKX exchange.

  • Transfer: Transfer OKB or BTC from another exchange or wallet to your OKX account. You can do this by going to the "Assets" page, clicking "Deposit," and then selecting the desired cryptocurrency.
  • Amount: The amount of OKB or BTC you hold may affect your participation limit.

3. Check Jumpstart announcements: Find the Jumpstart section.

On the OKX platform, locate the Jumpstart section to view the project details, and pay attention to the project's start and end times.

For the ANIME Jumpstart, the start time is January 20, 2025, at 14:00 (HKT), and the end time is January 23, 2025, at 14:00 (HKT).​​​​​​​​​​​​​​

4. Participate in the project: Staking: At the start of the project, go to the Jumpstart page and click "Participate" or "Stake."

  • Enter amount: Input the amount of OKB or BTC you wish to stake. For the ANIME Jumpstart, there is no minimum staking limit. The individual staking cap for OKB is 600 OKB, and for BTC, it is 0.3 BTC.
  • Confirm: Confirm the operation. The OKB or BTC you stake will be locked and unavailable until the project ends.

After completing these steps, you can start staking for mining! The OKX Jumpstart mining rewards are calculated per minute, and it is recommended to confirm the event start time in advance and set an alarm to participate as soon as the event begins, aiming for maximum profit.

5. Wait for token allocation: After the project ends, the platform will allocate the corresponding project tokens based on your staking amount.

  • For the ANIME Jumpstart, tokens will be distributed on January 23, 2025, at 16:00 (HKT).
  • Check rewards: Check your OKX account to see the allocated tokens.
  • Unlock period: Please note that some projects may have a release period, during which tokens will be gradually unlocked.

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Estimated Earnings

BTC Pool Estimate

Based on past events, the total staking amount in the BTC pool is expected to be around 7,500 BTC, with an estimated staking of 0.3 BTC potentially earning 0.003% to 0.004% of the total pool.

Based on these predictions, staking 0.3 BTC could earn between 800 to 1,067 ANIME tokens.

If the predicted price of ANIME is $0.09 each, the earnings would range from $72 to $96.

If the predicted price of ANIME is $0.18 each, the earnings would range from $144 to $192.

If the predicted price of ANIME is $0.25 each, the earnings would range from $200 to $267.

OKB Pool Estimate

Based on past events, the total staking amount in the OKB pool may be around 683,000 OKB, with an estimated staking of 600 OKB potentially earning 0.004% to 0.006% of the total pool.

Based on these predictions, staking 600 OKB could earn between 2,133 to 3,200 ANIME tokens.

If the predicted price of ANIME is $0.09 each, the earnings would range from $192 to $288.

If the predicted price of ANIME is $0.18 each, the earnings would range from $384 to $576.

If the predicted price of ANIME is $0.25 each, the earnings would range from $533 to $800.

ANIME price estimate: Before the launch, the pre-trading price of ANIME is approximately $0.072.

Other Factors Affecting Earnings

Staking time: Since rewards are calculated per minute, the earlier you stake your tokens, the higher the potential earnings.

Staking amount: The more tokens you stake, the more rewards you may receive.

Number of participants: If there are fewer participants, the rewards may be higher. Market volatility: The cryptocurrency market is highly volatile, and the value of ANIME tokens may fluctuate.

Borrowing to participate: Some participants may borrow funds to stake. This method may carry higher risks, but it could also yield higher returns if the staked tokens appreciate.

Hedging strategies: Some participants may use futures contracts during the Jumpstart event to hedge against price volatility risks of the underlying staked assets.

Historical Earnings

The annualized returns of past OKX Jumpstart projects have varied widely, ranging from +65% to as high as +16,827%. However, these are historical data and do not guarantee future performance.

Some historical projects and their annualized returns include:

  • $MAX (+65%)
  • $UTLI (+398%)
  • $NOT (+2,092%)
  • $RUNECOIN (+614%)
  • $MSN (+294%)
  • $ZK (+116%)
  • $GPT (+1,469%)
  • $ACE (+882%)
  • $SPURS (+2,303%)
  • $BRWL (+16,827%)
  • $RAY (+239%)
  • $SIS (+577%)
  • $WOO (+300%)
  • $TONCOIN (+897%)
  • $GODS (+244%)

Important Note: These are only estimated values. Actual earnings will depend on the number of participants, staking amounts, and the market price of ANIME tokens. The cryptocurrency market is highly volatile, and the value of ANIME may fluctuate significantly.

Specific Information on ANIME (Animecoin) Jumpstart

Project Goal: Animecoin is a cultural token aimed at transforming the anime industry into a community-owned digital space.

Staking Options: You can stake OKB or BTC. Reward Pool: The total reward for the OKB pool is 53,333,334 ANIME. BTC Pool: The total reward for the BTC pool is 26,666,666 ANIME.

Staking Reward Calculation: Rewards are calculated per minute. Your rewards are proportional to the amount you stake and the total amount staked by all participants.

Staking/Unstaking: You can stake or unstake your tokens at any time. If you do not unstake before the mining period ends, your staked tokens and rewards will be automatically credited to your account within 2 hours after the event ends.

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Distribution of Animecoin:

  • The total supply of ANIME tokens is 10,000,000,000.
  • The distribution of ANIME includes: Azuki community, foundation, team and advisors, community incentives, Azuki parent company, partner community, and OKX Jumpstart event.
  • The reward pool for the Jumpstart event is 53,333,334 ANIME tokens.
  • The Jumpstart event allocates 0.80% of the total supply.

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Important Notes

  • Risks: Please note that Jumpstart projects carry market risks, and you should participate according to your risk tolerance.
  • Fees: Generally, participation does not incur additional fees, but you will face price fluctuations of OKB and/or BTC.
  • Lock-up period: Please be aware of any lock-up periods, as staked tokens will be unavailable during this time.
  • Terms and Conditions: You should carefully read the terms and conditions of each Jumpstart event. Participation indicates that you acknowledge your understanding and acceptance of these terms.
  • Regional Restrictions: Certain regions are unable to participate, including Hong Kong and South Korea.
  • Funding Account: Only OKB or BTC in your funding account can be used for staking. Please ensure to transfer your tokens to your funding account before staking.
  • Sub-accounts: Sub-accounts cannot participate.
  • Market Volatility: The value of rewards may fluctuate.
  • Taxes: You are responsible for any taxes related to the rewards.

Disclaimer: The above content does not constitute investment advice.

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