Velo x KuCoin Staking Campaign

Velo Protocol
2 min readJul 27, 2021

Stake your VELO on KuCoin and Earn up to 45% APR

To express appreciation for the VELO community, users can stake their VELO tokens on KuCoin and earn up to 45% APR returns on their staked tokens (excluding POL mining).

For this offering, the subscription period will start from 27 July 2021 10:00 to 1 August 2021 15:59 (UTC).

Participants can stake VELO tokens in either of the three and earn up to 45% APR in return. Details are as follows:

1. Stake VELO for 30D

Subscription period: 5 days (27 July 2021, 10:00 (UTC) — 1 August 2021, 15:59 (UTC))

Expected APR: 35%

Staking period: 1 August 2021 16:00–31 August 2021 15:59 (UTC)

Soft cap per user: 100 VELO

Hard cap per user: 200,000 VELO

Hard cap for platform: 10,000,000 VELO

2. Stake VELO for 60D

Subscription period: 5 days (27 July 2021 10:00–1 August 2021 15:59 (UTC))

Expected APR: 40%

Staking period: 1 August 2021 16:00–30 September 2021 15:59 (UTC)

Soft cap per user: 100 VELO

Hard cap per user: 200,000 VELO

Hard cap for platform: 10,000,000 VELO

3. Stake VELO for 90D

Subscription period: 5 days (27 July 2021 10:00–1 August 2021 15:59 (UTC))

Expected APR: 45%

Staking period: 1 August 2021 16:00–30 October 2021 15:59 (UTC)

Soft cap per user: 100 VELO

Hard cap per user: 200,000 VELO

Hard cap for platform: 10,000,000 VELO

To participate in any of the KuCoin activities, visit: https://www.kucoin.com/news/en-velo-fixed-promotion-now-live

*During the staking period, in addition to the staking benefit from the project, users can also get a share of the POL mining rewards every day!

Note:

  1. To participate in the staking campaigns above, users need to be registered on KuCoin or Pool-X to join this promotion. Register here: https://www.kucoin.com/ucenter/signup?backUrl=https%253A%252F%252Ftrade.kucoin.com%252FVELO-USDT%253Ftype%253DTRADE&lang=en_US
  2. Only VELO tokens on Stellar network can be used for this staking event. Users can buy tokens here: https://trade.kucoin.com/VELO-USDT
  3. All campaigns are offerings from 3rd party platforms, Velo is only sharing the information and does not assume any responsibility for the actual campaign, please do your research before participating and ask the platform’s customer support personnel if you have any questions.

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Velo Protocol

A blockchain financial protocol enabling digital credit issuance and borderless asset transfers for businesses using a smart contract system