Eligible HashKey users can participate in Launchpool projects. Participation requirements include compliance with the platform’s KYC (Know Your Customer) procedures and not being located in restricted countries or regions. Additionally, different projects may have additional eligibility requirements.
2.How to participate in HashKey Launchpool?
You can simply go to the Launchpool homepage and click on 'Lock to Earn Coins' in the relevant project to participate. Once successfully registered, you can proceed with locking for the respective project.
3.How is my yield calculated?
Your yield depends on the number of tokens you've staked to each pool in proportion to the total number of tokens staked to each pool by the respective participants. HashKey takes hourly snapshots of user holdings and the total holdings in the mining pool to calculate users' staking assets for mining rewards. Once staked, your hourly yield will be automatically calculated.
Let’s assume that you’ve staked token α to earn a new token β:
Your hourly yield for β = (the amount of α you’ve staked to the α pool / total number of α staked to the α pool by the all participants) * hourly β prize pool
Calculations for your yield will start on the next day (T+1) after you’ve staked tokens. Please note that no yield will be generated from the moment you unstake your staked tokens, and your yield will be updated every hour.
The yield you earned will be deposited into your Custody Account every 24 hours after the Launchpool starts.
Your last yield and staked tokens will be automatically credited to your Custody Account one hours after the event ends. Please note that there may be delays in the depositing of yields earned.
The maximum reward a Launchpool user can receive will not exceed 2% of the total reward pool.
4.When can I redeem tokens I've locked?
Your locked tokens can be redeemed anytime. They will be automatically credited to your Custody Account immediately once redeem. To redeem, please head to the order records on the Launchpool page.
5.Can I compound my yield?
Compound interest calculations are not currently supported. Your daily earnings will not be automatically reinvested to generate additional earnings. You must manually lock new assets in HashKey Launchpool.
6.What is the effective locking amount?
The effective locking amount refers to the amount of token you've locked and are currently being calculated for yield. Assuming that you’ve locked 100 USDT at 10:00 AM (UTC) on May 10, 2024, your effective locking amount will be updated to 100 USDT at 12:00 AM (UTC) on May 10, 2024.
7.How to participate in the "Refer a Friend" activity to earn rewards?
During the new Launchpool event, you can generate your exclusive invitation link/invitation code by clicking on Share. Friends who register and participate in the Launchpool project using your invitation link/code during the event period will be considered as successfully referred friends for the new Launchpool event.Each successfully referred friend can bring you additional rewards at the end of the Launchpool event! The rewards will be airdropped to your Custody Account after the end of the Launchpool event and you can claim them through your Custody Account. Please refer to the details on the Launchpool page for the breakdown of rewards.
Participating in the HashKey Launchpool generally does not require additional operation fees.
9. What are the consequences of withdrawing funds early?
If a user chooses to withdraw funds before the end of the lock-up period, they may face certain consequences, such as reduced earnings.
10. How is the security of HashKey Launchpool ensured?
11. Are there any investment limits?
Yes, each Launchpool project may have different investment caps and floors to ensure fairness and prevent market manipulation.
12. Which countries or regions are excluded from participating in HashKey Launchpool?
HashKey Global does not provide services to users from Hong Kong, the United States, Mainland China, and certain other jurisdictions,
13. How does HashKey Launchpool manage regulatory and compliance issues?
HashKey Global Launchpool operates under a Class F license issued by the Bermuda Monetary Authority, addressing regulatory and compliance issues.
14. What are the risks of participating in HashKey Launchpool?
Participation in HashKey Global's activities does not guarantee that you will qualify, be accepted, or receive any rewards, benefits, or incentives.
15. What is a Launchpool and how does it operate?
HashKey Launchpool supports users in earning new tokens by locking up their personal crypto assets.
16. What is the minimum token lock-up requirement for Launchpool?
Each Launchpool project has different minimum lock-up requirements.
17. Do different pools offer different airdrops?
Yes, different pools may distribute different airdrop rewards based on the type, amount, and nature of the tokens locked.
18. Can I lock tokens held in other products in the Launchpool projects?
Only tokens deposited in specific pools can be used to participate in Launchpool projects.
19. When will Launchpool tokens be listed on the HashKey platform?
The timing of token listings may vary based on the project and market conditions, with specifics typically announced in advance.
20. Can sub-accounts and corporate accounts participate in Launchpool projects?
Sub-accounts and corporate accounts are not eligible to participate.
21. What happens if I do not claim my accumulated airdropped tokens?
Airdropped tokens are automatically distributed; user intervention is not required to receive them.
22. I have staked USDT or other tokens but did not receive any rewards. Why?
If no rewards have been allocated, possible reasons include:
--The user did not meet the minimum staking requirements.
--The duration or amount of the stake did not meet the project's minimum criteria.
It is recommended that users review the project terms or contact the support team for specific details.
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