KuCoin’s Pool-X 1.3 Goes Live Later Today

KuCoin’s Pool-X 1.3 Goes Live Later Today

An improved version of the soft-staking product from KuCoin will go live later today and with it comes improved revenue for users.

KuCoin have been busy with one of their newest products. Earlier this week announcing a high-interest promotion for those who stake COTI on the platform. Today, as a new post from the platform explains, they are going to ramp up and improve the service with the 1.3 version of Pool X that promises 3 new improvements.

These improvements are:

1. Asset transfer between KuCoin trading accounts and Pool-X accounts will be available.

2. Visual optimization of the “Staking’ webpage. The APR of staking rewards will now be composed of the staking rewards of the locked-up coin together with the POL mining reward amount converted into the corresponding staking rewards of the locked-up coin.

3. Pool-X will adjust the APR of Soft Staking

The latter of these updates will affect more than 20 stakeable tokens on the platform. In some cases, the adjustment has seen the expected APR to now as high as 7%. You can find a full list of these adjustments and start staking at KuCoin now.

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