The OKX Jumpstart Mining event for RUNECOIN (RSIC•GENESIS•RUNE) begins at 7:00 am UTC on April 29, 2024. BTC holders can stake BTC to mine RUNECOIN tokens and earn rewards.
Staking Rules
| Parameter | Details |
|---------------------|----------------------------------|
| Staked Token | BTC |
| Earned Token | RUNECOIN |
| Mineable Tokens | 367,500,000 RUNECOIN |
| Mining Period | April 29, 2024 – April 30, 2024 |
| Minimum Staking | None |
| Maximum Staking | 0.3 BTC per user |
| Staking Flexibility | Stake/unstake anytime |
| Trading Start | April 30, 2024 (exact time TBA) |
Participation Requirements
- Excluded Regions: Mainland China, Hong Kong, and South Korea.
- Verification: Must complete KYC identity checks.
- Sub-Accounts: Not eligible for participation.
👉 Learn more about eligibility here
Reward Calculation
Rewards are distributed in real-time and can be withdrawn anytime.
Formula: User’s per-minute rewards = (Staked BTC / Total staked BTC) * Tokens released per minute
Example:
- Staked: 0.1 BTC
- Total pool: 1,000 BTC
- Tokens/minute: 10,000
- Reward:
(0.1 / 1,000) * 10,000 = 1 RUNECOIN per minute
How to Stake/Unstake
Staking:
- Transfer BTC to your OKX funding account.
- Navigate to Grow → Jumpstart in the OKX app.
- Click Stake, enter amount, and confirm.
Unstaking:
- Click Unstake to release BTC instantly.
Post-Mining:
- Rewards auto-credit to your funding account within 2 hours.
About RUNECOIN (RSIC•GENESIS•RUNE)
Built on the Runes Protocol, RUNECOIN is the first Pre-Rune airdrop for Ordinals early adopters, fostering Bitcoin ecosystem engagement.
- Total Supply: 21,000,000,000 (tribute to Bitcoin’s 21M cap)
- Symbolism: Incorporates the "lucky" number 8 (888 Satoshis airdrop).
Key Links:
Token Distribution:
| Category | Allocation |
|-------------|------------|
| Jumpstart | 1.75% |
| Liquidity | 1.25% |
| Team | 5.00% |
| Airdrop | 92.00% |
👉 Explore RUNECOIN’s future here
FAQs
Q1: Can I unstake my BTC mid-event?
A: Yes! Unstake anytime with no penalties.
Q2: When will RUNECOIN trading begin?
A: Trading starts April 30, 2024; exact time TBA.
Q3: Are there staking limits?
A: Yes—max 0.3 BTC per user.
Q4: How are rewards calculated?
A: Based on your stake’s proportion to the total pool.
Q5: Which countries are excluded?
A: Mainland China, Hong Kong, and South Korea.
Important Notes
- Only BTC in funding accounts is eligible.
- OKX reserves the right to disqualify abusive participants.
- Token values may fluctuate; OKX isn’t liable for market changes.
Risk Warning: Digital assets are high-risk and uninsured. Conduct independent research before participating.
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