Guide to Receiving Notcoin (NOT) on OKX Jumpstart

OKX cryptocurrency exchange has announced an event where users can receive Notcoin (NOT) by simply staking TON.

The event will take place from 6:00 AM UTC on May 13, 2024, and will end at 6:00 AM UTC on May 16, 2024.

The total reward pool for users is 1,283,990,271 NOT.

Receiving Notcoin (NOT) on OKX Jumpstart

How to Stake and Unstake

Staking Process

Step 1: Before starting staking, transfer TON to your Funding account.

Step 2: Log in to the official OKX app, go to the Grow section, and click on Jumpstart.

Step 3: Once the staking process begins, click on Stake, enter the amount of TON you wish to stake, and confirm. After completing these three steps, you will start staking!

Unstaking Process

Click on Unstake to release your TON at any time, and TON will be automatically returned to your Funding account.

Note: If you do not unstake before the end of the staking process, when the staking process completes, the token designated as a reward will be automatically distributed to your Funding account within 2 hours after the event ends.

How Rewards are Calculated during Staking

User’s reward per minute = Their staked token amount / Total staked token amount * Total token issued per minute.

For example, if a user has staked 0.1 TON, the total TON staked at that time is 1,000 TON, and the number of NOT tokens issued per minute is 10,000, then the user’s reward per minute will be calculated as follows:

User’s reward per minute = (0.1 / 1,000) * 10,000 = 1 (NOT).

Related:TON Foundation Establishes Ecosystem Development Fund

Introduction to Notcoin

Notcoin is a leading game on Telegram that has attracted the interest of over 35 million users in a short period. It allows people to participate in earning profits for free through a very simple “Tap to Earn” mechanism on the Telegram messaging app. Currently, Notcoin is awaiting the time for users to claim rewards for their previous participation in “Tap to Earn” and is ready for listing.