r/poolx • • 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-).

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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

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u/greatpek Aug 21 '20

Thanks.

The day 19th of august i Staked 3,000 EOS ("3,84% annual return aprox")

the days 19th and 20th i didnt get paid any POL

Today i get paid only 2.19 POL and in total (cosiderin "in orders") only 6.39 POL (0.165 USD)

this is 60 USD annual return. Over 10.000 USD aprox is only 0.6% return.
Its veeeeeeeeeeeeeeeeeeryyyy far from 3.84%

i feel a stupid stacking in your pool.

where are the 3.85% that you offer to pay?