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Coineal, A Global Reliable Crypto Trading Platform Starts Launchpool Service

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Coineal starts Launchpool as their new service from July 13th, 2021.

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Coineal has been working on the new products in response to the community’s overwhelming response for token farming and futures trading.

By using the Launchpool service, users will be able to stake their CNV into the pool to farm different tokens. 

グラフィカル ユーザー インターフェイス  自動的に生成された説明

Launchpool Overview / July 13th

This can be checked on the official website as well.

1. Coineal will take snapshots of the user balances and the total pool balances every hour, and calculate the user rewards.

2. Users will be able to accumulate their rewards (calculated each hour) and claim these rewards directly to their accounts at any time.

3. Users will be able to participate in multiple Launchpool at the same time. The staked CNV is in a frozen state and cannot be used in other pools or market exchanges.

4. Users will be able to redeem the CNV from the pool and participate in any other available pools.

5. The staked CNV in each pool and any unclaimed rewards will be automatically transferred to the user’s account at the end of each farming period.

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WYL Launchpool Details:

  • Farming Token: WYL (Wylive Token)
  • Staking Token: CNV
  • Farming Period: AM 09:00 (UTC) 13. JULY. 2021 ~ AM 09:00 (UTC) 13. AUG. 2021
  • Launchpool Token Rewards: 700 WYL
  • Staking Terms: 30CNV limit/1000CNV limit
  • Identity Verification (KYC) Required: Yes

For more details, please refer to WYL listing announcement.

CGA Launchpool Details:

  • Farming Token: CGA (Crypto Gaming Alliance Coin)
  • Staking Token: CNV
  • First farming period: PM 12:00 (UTC) 13. JULY. 2021 ~ PM 12:00 (UTC) 13. AUG. 2021
  • Launchpool Token Rewards: 6,600 CGA
  • Staking Terms: 30CNV limit/1000CNV limit
  • Identity Verification (KYC) Required: Yes

For more details, please refer to CGA listing announcement.

グラフィカル ユーザー インターフェイス, Web サイト  自動的に生成された説明

CEO’s Statement

The CEO of Coineal, Mr. Woo JongHo stated, “We are delighted to announce the new service: Coineal Launchpool. We continue providing many more services to broaden the base of users and aim to complete the Coineal specific digital ecosystem.”

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Sara K

Sara is steadily working on cryptocurrency evaluations, news, and fluctuations in digital currency prices. She is guest author associated with many cryptocurrencies admin and contributes as an active guide to readers about recent updates on virtual currencies.

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