BKEX Flexible Mining will add SQUID as the participation currency at 20:00 on December 3, 2021 (UTC+8). Users can invest SQUID in Flexible Mining business. Details are as follows:
|Minimum deposit amount||Currency of earnings||Est. APY||Unlocking cycle (day)|
- BKEX Global will take snapshots of users' daily position balance deposited into Smart Pool products to calculate the daily average position (the sum of hourly snapshots / 24 hours), and calculate the customer's position proportion according to the daily average position of each currency in Smart Pool product, and issue earnings according to this proportion;
- If the user transfers fund from Smart Pool, the fund will no longer be calculated by the continuous snapshot as the daily average position;
- 70% of the daily earnings will be distributed to the participants' account according to the proportion of the average daily positions of the participants in each currency in the total participants of the currency. Among them, the 10% of the daily earnings will be distributed to the participants' accounts according to the proportion of the average daily BKK positions of the participants in the total BKK positions of all participants of the currency;
- 20% of the daily earnings will be used as the handling fee and commission, which belongs to the platform.
- Users can't get earnings after the tokens are in unlocking cycle.
- The parameters of Flexible Mining will be adjusted according to the market.
BKEX Flexible Mining: professional, flexible, secure and reliable. Users can get the mining earnings through one click.
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