Dear Phemex Users,
We're excited to announce the upcoming launch of our latest project on the Phemex Launchpool: Farm $77,000 XAUT by staking PT & USDR!
Staking Start Time: August 13, 2025, at 09:00 UTC
Farming period: August 13, 2025, at 11:00 UTC – August 18, 2025, at 11:00 UTC
Staking Pool 1 - PT
| Total XAUT Pool | 16 XAUT |
| Maximum PT Staking Amount | 30,000 PT |
| Minimum PT Staking Amount | 5 PT |
Staking Pool 2 - USDR
| Total XAUT Pool | 7 XAUT |
| Maximum USDR Staking Amount | 15,000 USDR |
| Minimum USDR Staking Amount | 5 USDR |
Project Details
- Token Name: Tether Gold (XAUT)
- Launchpool Reward Pool: 23 XAUT
- Smart Contract: 0x68749665FF8D2d112Fa859AA293F07A622782F38
- About the project: Backed by physical gold, Tether Gold (XAUT) is a digital asset offered by TG Commodities Limited. One XAUt token represents one fine troy ounce of gold on a London Good Delivery (LBMA) gold bar. The fractionalisation of XAUt tokens is possible up to six decimal places (i.e. in increments as small as 0.000001 fine troy ounces).
Project Rules
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Hourly snapshots of participants' locked volumes will be taken, with the airdrops distributed accordingly. The first distribution will start two hours after the event begins.
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Your hourly earnings at XAUT are determined by your share of the total PT stake. Users can participate with on-chain staked PT, and it will be treated the same as non-on-chain staked PT when allocating rewards.
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APY and total pool balance are updated every hour. Only the PT that remains staked for the entire hour qualifies for the hourly distribution.
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For non-on-chain staked PT only: You can stake and withdraw PT at any time throughout the campaign.
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Rewards can be checked and claimed in your spot wallet.
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Once the project ends, staked assets will automatically return to your spot wallet, except for on-chain PT, which remains on-chain.
Important Notes
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Users are only eligible to participate with a single account. If we detect multiple accounts with the same IP addresses or same devices, all offending accounts will be disqualified.
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Completion of KYC verification before the start of the event is a must.
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Phemex reserves the right to make any final and binding amendments to these rules.
Happy Trading!
The Phemex Team
