OKX Jumpstart is a platform designed to support new cryptocurrency projects by connecting them with early-stage investors. It offers users opportunities to engage with promising digital assets through various mechanisms.
The platform primarily operates through two models: token sales and staking mining. Token sales often use a lottery system, allowing a limited number of participants to purchase tokens at an early, potentially lower price. Staking mining, on the other hand, rewards users based on the amount and duration of tokens they lock in the pool, making it accessible to all eligible participants.
The current Jumpstart event focuses on staking mining for the ACE Fusionist token.
Introduction to ACE Fusionist
ACE Fusionist is a standalone Web3 game built with Unity and HDRP technology, delivering AAA-quality graphics and gameplay. To ensure fairness, it utilizes backend protocols like KCP and Flatbuffer to minimize cheating. The game supports both PC and mobile devices via Unity WebGL, broadening its accessibility.
A key innovation is the Endurance blockchain, which uses $ACE as its native token. This EVM-compatible ecosystem includes wallet services, game publishers, and developer tools, creating a robust infrastructure for gaming applications.
Benefits of Participating in OKX's $ACE Mining
- Exclusive access for users in East Asia (excluding China, Hong Kong, Macau, Mongolia, North Korea, and Japan), primarily targeting Taiwan and South Korea.
- Low initial token circulation, which may positively impact price dynamics.
- High anticipated returns from staking mining.
- Growing interest in GameFi and a recovering market.
- Support from major exchanges like Binance, indicating strong market confidence.
- Accessibility for small and medium investors due to favorable staking conditions.
The overall expected return on participation is notably high.
OKX Jumpstart $ACE Staking Mining Rules
The $ACE staking mining event begins on December 13 at 14:00 UTC.
| Parameter | Value |
|---|---|
| Project | Fusionist ($ACE) |
| Mode | Staking Mining |
| Staking Tokens | 0.3 BTC or 200 OKB |
| Duration (UTC) | Dec 13 14:00–18 14:00 |
| Token Distribution | Dec 18 16:00 |
| BTC Pool Rewards | 1,176,000 ACE |
| OKB Pool Rewards | 294,000 ACE |
| Initial Circulation | 21,969,520 ACE |
| Total Token Supply | 147,000,000 ACE |
Historical Jumpstart Mining Returns
| Token | Highest Annualized Yield |
|---|---|
| $SPURS | 1,559% |
| $TAKI | 1,497% |
| $BRWL | 16,827% |
| $RAY | 239% |
| $SIS | 577% |
| $WOO | 300% |
| $DEVT | 546% |
| $TON | 897% |
| $GODS | 244% |
| $OKT | 710% |
How to Participate in OKX $ACE Staking Mining
- Complete OKX KYC verification and ensure eligibility based on geographic restrictions.
- Choose a staking pool (BTC or OKB) starting December 13 at 14:00 UTC. You can join both.
- The staking period ends on December 18 at 14:00 UTC.
- Tokens will be distributed on December 18 at 16:00 UTC.
To mitigate price volatility risks during staking, consider these strategies:
- Token Collateral Loan: Use OKX’s loan feature to borrow BTC or OKB against other assets like USDT. This requires paying interest but avoids selling your holdings.
- Futures Hedging: Purchase BTC or OKB spot and simultaneously open a short position in perpetual futures to lock in the entry price. Note that this involves funding rate costs.
Using token collateral loans is generally more straightforward and cost-effective than futures hedging, especially since OKB perpetual contracts are not available on OKX. For most users, borrowing tokens is the simpler option.
👉 Explore staking strategies and tips
Conclusion and Risks
- Token collateral loans carry liquidation risk if the collateral value drops significantly. Monitor your collateral ratio closely.
- Binance has announced an earlier listing for $ACE, which may affect selling opportunities immediately after the mining event concludes.
Using a collateralized loan allows participants to engage in mining with minimal risk, making it an attractive opportunity for eligible OKX users.
Frequently Asked Questions
What is OKX Jumpstart?
OKX Jumpstart is a platform that allows users to stake cryptocurrencies and earn rewards from new token projects. It supports both token sales and staking mining models.
Who can participate in the $ACE mining event?
Users who have passed OKX KYC and are located in eligible regions, including Taiwan and South Korea, can participate. Several East Asian countries are excluded.
What are the risks involved?
Primary risks include token price volatility during staking, potential liquidation if using leveraged strategies, and market timing risks due to exchange listing schedules.
Can I participate in both BTC and OKB pools?
Yes, users can stake in both pools simultaneously if they hold the required amounts of BTC and OKB.
When will I receive my $ACE tokens?
Tokens will be distributed on December 18 at 16:00 UTC, after the staking period concludes.
Is there a minimum staking amount?
Yes, the minimum is 0.3 BTC for the BTC pool and 200 OKB for the OKB pool.