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Announcements > News > Phemex Launchpool: Farm $PUFFY by Staking $PT! >

Phemex Launchpool: Farm $PUFFY by Staking $PT!

Author: Silvia Date: 2024-10-15 08:46:32

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Dear Users,

We're excited to announce the upcoming launch of our latest project on the Phemex Launchpool: Farm PUFFY by staking PT! Starting October 24, 2024, at 12:00 UTC, you can stake your PT and earn exclusive PUFFY rewards.

PUFFY:

The Meme Token on the Solana blockchain that’s all about fun, quality, and community. PUFFY isn’t just any token; it’s represented by Puffy, the pufferfish who guides YOU to hidden treasures, with PUFFY being the most valuable of all.

Project Details

Token Name: $PUFFY

Total Reward Pool: 64,000,000

Event Start Time: 12:00 UTC, October 24, 2024

First Distribution: 14:00 UTC, October 24, 2024

Event End Time: 12:00 UTC, October 29, 2024

Smart Contract: D9paufRCehpk2YGRPkzJPEUDsvQjaTFKNyFDqgd4xqd (sol)

Total and Max Supply of the Tokens: 4,444,353,597

Duration: 5 days

Terms: Advanced KYC verification required

Minimum Staking Amount: 10 PT

Go to Launchpool

Project Rules

  • 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.
  • Your hourly earnings in PUFFY are determined by your share of the total PT staked. Users can participate with on-chain staked PT, and it will be treated the same as non-on-chain staked PT when allocating rewards.
  • APY and total pool balance are updated every hour. Only the PT that remains staked for the entire hour qualifies for the hourly distribution.
  • For non-on-chain staked PT only: You can stake and withdraw PT at any time throughout the campaign.
  • Rewards can be checked and claimed in your spot wallet.
  • Once the project ends, staked assets will automatically return to your spot wallet, except for on-chain PT, which remains on-chain.


Important Notes

  • 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.
  • Completion of KYC verification before the start of the event is a must.
  • Phemex reserves the right to make any final and binding amendments to these rules.


Get ready to maximize your earnings with the Phemex Launchpool! Stay tuned for more updates and start staking on October 24th!

Happy Trading!

The Phemex Team

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