I have been staking on PoolX-kucoin a bit and got these POL tokens as reward. Any idea what is their purpose or what will be their purpose? I noticed you can do something with them at the PoolX exchange, but not sure how that works? Will the tokens be also on the Kucoin market sometime soon?


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Posted in Kucoin Reddit

2 Comments

  1. kucoin_moderator on 27. April 2020 at 5:14

    POL is serving the role of points/credits for users on Pool-X, POL is one of the most crucial components in the pool’s ecosystem. POL is the benchmark asset of liquidity pricing on the platform, as well as the medium for liquidity certificate records. It is for these reasons that it is named after Proof of Liquidity. Please read this [article](https://pool-x.zendesk.com/hc/en-us/articles/900000116003-The-FAQ-about-POL) to learn more about POL.
    Please be informed that you can now trade POL/USDT on KuCoin Exchange.

    Please join [Pool-X Telegram group](https://t.me/PoolXOfficial) and [news channel](https://t.me/PoolXNews) to be updated with the latest announcements.

     


  2. CrtSkunk on 27. April 2020 at 5:14

    Sorry i just checked again and there is a POL-USDT pair on Kucoin. So disregard that question. I am usually checking just the BTC pairs. Would be great to get some more in-depth info regard POL though. 🙂 Is it worth hodling.