Dear OKEx users
OKEx will support Sushiswap liquidity mining on December 24, 2020 (UTC). You can go to "Earn" on our website to participate in mining and get SUSHI rewards.OKEx will bear all on-chain transfer costs for you;
How to participate?: You can apply to participate in mining at any time, and the mining funds will be sent to Sushiswap at 03:00 (UTC) the next day to start mining and get SUSHI rewards.
Income calculation: After the official chain, OKEx will calculate the income at 04:00 (UTC) every day and divide the gain according to the proportion of individuals in the total mining funds.
Reward distribution: the mining reward SUSHI is automatically distributed to the fund account at 04:30 (UTC) every day.
Reserve to redeem: You can reserve to redeem your mining funds at any time, and the redeemed mining funds will arrive in your fund account at 04:30 (UTC) the next day.
Support mining currencies: ETH-USDT, ETH-SUSHI, ETH-WBTC.
● SUSHI mining rewards are distributed to the fund account every day, and the Sushiswap project team will issue twice the mining rewards in six months. For example, if you have a total mining income of 10 SUSHI within seven days, the Sushiswap project will award another 20 Sushi to your capital account after six months. See the official announcement of Sushiswap for details.
● Since liquidity mining is based on the AMM automatic market-making model, the two currencies you invest in mining will fluctuate in number. Loss of value due to changes in quantity and price is called impermanence loss.
Sushiswap is an Ethereum-based asset exchange protocol that promotes the automatic exchange between ETH and ERC20 tokens and provides liquidity for digital assets on the Ethereum chain.
OKEx will always provide excellent products and services for you!
December 21, 2020 (UTC)