Introducing SPURS (Tottenham Hotspur) on OKX Jumpstart

The OKX Jumpstart Mining will commence at 6:00 am UTC on Oct.23, 2023. CHZ and OKB holders can both stake CHZ and OKB to mine Spurs tokens in return.

I. Staking Rules

Ⅱ. Conditions of Participation

1. Exclusive to countries in East Asia, excluding Chinese mainland, Hong Kong, Macau, Mongolia, North Korea and Japan
2. Need to complete KYC verification

III. Calculation of staking rewards

1. The staking rewards refer to the tokens acquired by participating in OKX Jumpstart Mining, which are calculated in real time and can be withdrawn at any time.

2. Users' per minute rewards = The amount of their staked token / Total amount of staked token * The amount of tokens released per minute
   For example: If the amount of a user's OKB staked is 100, the total amount of OKB staked at that time is 100,000, and the amount of tokens released per minute is 10,000, then the user's per minute rewards is 100 / 100,000 * 10,000 = 10 (tokens).

IV. Staking and unstaking directions

1. Staking process
   Step 1: Before the mining starts, transfer your CHZ or OKB to your funding account.
   Step 2: Log in to the OKX official APP, go to the Grow section and click Jumpstart.
   Step 3: After the mining starts, click Stake, enter your desired amount of CHZ or OKB and confirm. After completing these three steps, you will start mining!

2. Unstaking process
   Click Unstake to release your CHZ or OKB at any time, and the CHZ or OKB will be automatically returned to your funding account.

3. If you don't unstake early before the end of mining. When the mining is done, the tokens staked as rewards will be automatically distributed to your funding account within 2 hours after the event ends.

4. The time to enable deposit, withdrawal and trading will be announced later.

V. Introduction
About SPURS
$SPURS is the fan token of Tottenham Hotspur Football Club, launched by Socios. Fan Token holders can engage on Socios by predicting the score, choosing favourite players in a team selector, checking-in and voting in official team polls – all of this yields rewards points, which leads to exclusive club experiences.

• Project name: Tottenham Hotspur
• Total supply: 40,000,000
• Official website: https://www.tottenhamhotspur.com/
• Twitter: https://x.com/SpursOfficial

Distribution

VI. Others

1. Only CHZ or OKB in your funding account can be used for staking. Please transfer your CHZ or OKB to your funding account in advance. The CHZ or OKB staked will be frozen but can be unstaked at any time. Unstaked CHZ or OKB can be seen in your funding account.

2. After the mining is done, any remaining CHZ or OKB that is staked will automatically be unstaked and unfrozen. Rewards will be automatically transferred to your funding account within 2 hours.

3. Sub-accounts cannot participate in this event.

Terms and Conditions:
1.This project will only be available to eligible participants as determined by OKX at its sole discretion.
2.OKX reserves the right to disqualify or suspend accounts of any participant and confiscate all rewards of any participant who is found to be involved in any dishonest or abusive behaviour in this activity, including but not limited to click farming, violation of any applicable rules or policies of OKX or any campaign or project rules or terms and conditions or announcements (as amended and restated from time to time) in connection with the project, violating local regulatory rules or any engaging in other activities with the intent or result of abusing, disrupting or undermining the legitimate operation of the project, as determined by OKX at its sole discretion.
3.OKX reserves the right of final decision to interpret the applicable rules and policies in connection with this project and determine all matters related to this project and related promotions. OKX reserves the right to amend the rules to this project at any time at its sole discretion. OKX's decision is always final.
4. The sale and purchase of SPURS under OKX Jumpstart shall be subject to separate OKX's terms of service, privacy policy, as well as the jumpstart risk disclosure statement.

OKX
Oct.20, 2023 (UTC)

Risk Warning: This activity does not constitute and shall not be considered to be (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy or sell digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can lose value, and can become worthless. Digital assets are not insured. Past performance does not guarantee future results. You should consider the risks, and consult with your legal / tax / investment professionals, before deciding to trade or hold digital assets.