Dear Users,

Phemex will be releasing our Launchpool for TKB at 10:00 UTC on August 10, 2022. You’ll be able to stake three different types of tokens – USDT, USDC, and TKB – to farm TKB and earn high returns! This launchpool project will last for 14 days, so hurry and join now!

TokenBot® is a tokenized private cross-exchange liquidity trading network that connects algorithmic investment strategies to all participating exchanges available on the network.

• Token Name: TKB
• TokenBot Website & Whitepaper
• Total Reward Pool: 5,000,000 TKB
• Start Time: August 10, 2022 12:00:00 UTC
• End Time: August 24, 2022 12:00:00 UTC
• Period: 14 Days
• Terms: KYC verification required and no limitations

Staking USDT:

• Reward Pool: 1,000,000 TKB (20% of total)
• Minimum Staking Amount: 0.001 USDT

Staking USDC:

• Reward Pool: 1,000,000 TKB (20% of total)
• Minimum Staking Amount: 0.001 USDC

Staking TKB:

• Reward Pool: 3,000,000 TKB (60% of total)
• Minimum Staking Amount: 0.001 TKB

Prize Structure:

• 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 USDT, USDC, and TKB 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 ≥ 0.00000001 TKB, 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.

Terms and Conditions

• To qualify for this event you must complete required actions from announcement page
• Users are only eligible to participate with a single account. If we detect multiple accounts with the same IP addresses or UIDs, all offending accounts will be disqualified.
• This promotion is available for only users who trade within the campaign period.
• To receive rewards, users must ensure they have provided an accurate Phemex UID that is identical to their email. Users must also respond to the winners announcement email within 14 days in order to claim their reward.
• The following actions will result in immediate disqualification: batch account registration, profits from market manipulation, self-dealing or wash trades.
• Only main-accounts are allowed in this competition, sub-accounts will not be counted.
• Users in the following regions/countries India, Venezuela, Indonesia, Bangladesh, Pakistan, Philippines and Vietnam are eligible to participate or receive bonuses from the event only if they meet a requirement of $100 USD worth of trade on Phemex during the campaign period.
• Phemex reserves the right to make any final and binding amendments to these rules.