Dear Users,

Phemex will be releasing our Launchpool for VOLT tokens at 12:00 UTC on July 29, 2022. You’ll be able to stake VOLT to farm VOLT tokens and earn high returns! This launchpool project will last for 14 days.

Project Details

Volt Inu ($VOLT) is a hyper-deflationary token whose aim is to invest in multiple asset classes such as NFTs, nodes, altcoins, staking & farming of stablecoins. This investment diversity allows to mitigate the risk while taking advantage of the possible non-correlated growth of the trending assets.

• Token Name: VOLT (1K)
• Total Reward Pool:  50,000,000 VOLT(1K)
• Start Time: 12:00 UTC on July 29, 2022
• End Time: 12:00 UTC on August 12, 2022
• Period: 14 Days
• Terms: KYC verification required and no limitations
• Minimum Staking Amount: 0.001 VOLT(1K)

Project Rules

• Every hour, Phemex takes the minimum staking assets of Launchpool project’s participants as valid deposit assets, and calculates rewards based on this.
• Assuming you stake token α to earn new token β, your hourly earnings (β) = (the amount of α you staked in the α pool / the total number of α staked in the α pool by all participants) * β per hour prize pool. Exact earnings will be based on the amount sent to your spot wallet.
• Each pool’s annual percentage yield (APY) and total pool balance will be updated every hour.
• Users can lock and unlock VOLT (1K) at any time during the campaign. You can check your reward tokens in your spot wallet. (updated every hour)
• You will only receive rewards of  ≥ 0.0001 VOLT(1K), please note that the rewards you earn may be delayed to your account.
• When all tokens in the pool have been mined, assets of all participants will automatically return to their spot wallets. However, unclaimed rewards must be manually claimed on the Launchpool page.

Note

• The following actions will result in immediate disqualification：batch account registration, profits from market manipulation, self-dealing or wash trades.
• Phemex reserves the right to make any final, binding amendments to these terms.