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Are there any risks in staking to earn coins?
Staking and earning coins on the UBX platform is a low-risk investment method. The pledged crypto assets will be locked in the platform and generate income according to the agreed ratio and period. It is worth noting that although staking itself does not have trading volatility risk, if the market price of the pledged assets you choose (such as UBX) fluctuates, it may affect the market value of the assets. Therefore, when choosing pledged assets, it is recommended to understand the risk characteristics of each asset and make a choice based on your risk tolerance.
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How long do I need to lock my position to get returns when staking?
The UBX platform provides flexible staking period options. The specific lock-up period can vary depending on the staking product selected by the user. The staking period of UBX can be 3 days, 30 days, 90 days, 180 days and 360 days. When choosing the staking period, users can choose the appropriate period based on their personal investment strategy and liquidity needs.
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Can pledged assets be withdrawn in advance?
During the pledge period, once you pledge your assets, they are locked and cannot be withdrawn in advance. You must wait until the pledge period expires before you can unlock and withdraw your assets. If you are in urgent need of funds, it is recommended that you consider your own liquidity needs when choosing the pledge period.
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How can I check my staking income?
Users can view their pledged assets, pledge period and corresponding income in real time through the "Assets - Financial Accounts" page of the UBX platform. The platform will regularly issue pledge rewards to users, and users can also view the amount of rewards they have received on the income page.
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Is the income from staking coins fixed?
The income of UBX staking is based on the reward ratio set by the market conditions and is linked to factors such as the user's staking amount and staking period. The platform will provide a fixed annualized rate of return or periodic rewards, but it should be noted that the platform may adjust the reward ratio according to market conditions, so the income has a certain volatility.
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How are staking rewards calculated?
The calculation of staking rewards is based on the user's staked assets, lock-up period, and the annualized rate of return provided by the platform. The platform will calculate daily rewards based on the user's staked amount and stake period, and distribute them regularly.
The calculation formula is: Return = Principal × Annualized Rate of Return / 365 × Actual Days
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How to choose the appropriate pledge product and term?
Choosing the right staking product and period depends on your investment goals, risk appetite, and liquidity needs. If you prefer long-term stable returns, it is recommended to choose a product with a longer lock-up period and a higher annualized return. If you need greater flexibility, short-term staking may be more suitable for you. Each staking product provided by the platform will list detailed yields and lock-up periods, and you can make decisions based on this information.
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Can I participate in multiple staking products at the same time?
Yes, the UBX platform supports users to participate in multiple staking products at the same time. You can choose different asset combinations, staking ratios and lock-up periods to diversify your investments according to your needs, thereby optimizing returns and reducing risks.
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In what form are the rewards for staking and earning coins distributed?
UBX staking rewards are issued in the form of platform tokens (STUB), and STUB tokens are equal to UB tokens (STUB = UB). The specific form of rewards will be specified in the staking product description, and users can check their reward distribution on the platform.
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Will the income from the staking and earning products change?
Yes, the income from staking may change according to the market environment and platform policy adjustments. The platform will regularly release updates to inform users of income changes. It is recommended that users understand the current rate of return before staking and flexibly adjust their investment strategies according to market changes.