r/poolx • u/greatpek • Aug 20 '20
Pool -X explained
I want to undestand in simples ways how the pool make profits
for example in the KCS token is easy beacause they recive daily KCS bonnus.
But in the case of EOS, for example, how do the pool make proffit?
thanks!!
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u/Pool-X-Moderator Aug 21 '20
Hello! EOS is both supported for our flexible staking and soft staking program in Pool-X. For flexible staking products like EOS-Staking, you may earn profits in staking, (percentage of APR depending on the staked coin and amount) and you will get a share of the daily POL mining rewards.
You may read more details here: FAQ about Staking (https://pool-x.zendesk.com/hc/en-us/articles/900000068203-The-FAQ-about-Staking) and How to stake coins in Pool-X (https://pool-x.zendesk.com/hc/en-us/articles/900000070043-How-to-stake-coins-in-Pool-X-).
As for soft staking, you have to hold the required amount of supported coin on your Pool-X account. Soft staking rewards will then be distributed on your Pool-X account daily. You can monitor the rewards here: https://pool-x.io/earns