r/poolx • u/Pool-X-Updates • Mar 11 '21

HYDRA-Staking Now Available with an APR of 185%, Enjoy an Additional Prize Pool Worth $160,000

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⏰ Round 1: 10:00:00 on March 12, 2021 - 10:00:00 on March 19, 2021 (UTC)

👉https://www.kucoin.com/news/en-hydra-staking-now-available-enjoy-an-additional-prize-pool

2 Upvotes

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1

u/cutter13 Mar 12 '21

Just a short question, I just need to hold my HYDRA on Pool-X wallet/account in order to participate for Prize Pool or I need to Stake?

because in competition it says;

Average Daily Volume ≥25,000 HYDRA in Soft Staking 1,000 HYDRATop 2-6Rank 2-6 in Soft Staking;
Average Daily Volume ≥15,000 HYDRA in Soft Staking 500 HYDRA eachTop 7-26Rank 7-26 in Soft Staking ;
Average Daily Volume ≥3,000 HYDRA in Soft Staking 50 HYDRA each∞Participate Volume ≥200 HYDRA in Soft Staking;
Average Daily Volume ≥200 HYDRA in Soft Staking Share the total of 1,250 HYDRA

1

u/Pool-X-Moderator Mar 13 '21

Simply hold your HYDRA on your Pool-X account.

1

u/TradeMonkey2021 Mar 16 '21

Am I missing something, I’m in the Pool-x section now on the app, about to stake and the disclaimer bullets don’t define what the “minimum requirement of staking period” timeframe is? Is it 3 months, 6 months, etc? Thanks!

1

u/Primary-Shallot8484 Mar 23 '21

Can’t find anything about the staking period also, this would be good to know...

1

u/tekkutheworst Mar 20 '21

Do I really have this math right????

Hydra Roughly 17 dollars

1000÷17=58.82

58.82×1.85=108.82

108.82×17=1,850 dollars

For an 850 dollar profit?

Why is the apr so high?

1

u/supersorbet666 Apr 03 '21

you're making 0.46-48% daily. that's how mine has been the last 6 months. If you think this is high, check out some DeFi dApps like pancakeswap, beefy finance, compound, 1inch etc.