What is Jumpstart?
Jumpstart is OKX's innovative platform designed to help users access high-potential blockchain projects early. By holding OKB, participants can gain low-cost opportunities to acquire new tokens through curated launchpads.
๐ Discover how Jumpstart works
Strategic Participation Using Borrowed Assets
When market volatility concerns you but you still want to join Jumpstart campaigns, OKX's borrowing feature provides the perfect solution:
- Collateralize Your Assets: Pledge BTC or USDT as collateral
- Borrow OKB: Access the tokens needed for Jumpstart participation
- Retain Ownership: Keep holding your original assets while earning new project tokens
This method creates a powerful arbitrage opportunity - you maintain your portfolio's value while acquiring additional assets through Jumpstart rewards.
Platform Access Guide
Mobile App (Professional Mode Required)
- Switch to Pro interface
- Navigate to Finance โ Jumpstart
- Or use the quick-access menu (top-left home icon)
Web Portal
- Click "Finance" in navigation
- Select Jumpstart from dropdown
๐ Start your Jumpstart journey today
Key Benefits of This Strategy
- Risk Management: Hedge against price fluctuations
- Capital Efficiency: Utilize existing holdings productively
- Dual Earnings: Potential gains from both Jumpstart rewards and collateral assets
FAQ Section
Can I participate without owning OKB?
Yes! The borrow feature allows using other assets as collateral to obtain OKB for participation.
What's the minimum collateral required?
Requirements vary by asset. Check OKX's borrowing calculator for real-time figures.
How are Jumpstart rewards distributed?
Typically distributed proportionally based on your OKB commitment amount during the event period.
Is there a lock-up period for borrowed OKB?
No, but you'll need to maintain sufficient collateral coverage throughout your borrowing period.
What happens if my collateral value drops?
The system may issue margin calls. Maintain adequate collateral buffer to avoid liquidation.
Advanced Strategies
Seasoned participants often combine:
- Staking rewards
- Borrowing leverage
- Jumpstart allocations
This multi-pronged approach maximizes yield across OKX's ecosystem.
Important Considerations
- Monitor collateral ratios regularly
- Understand borrowing interest rates
- Research each Jumpstart project thoroughly
Remember: Crypto investments carry risk. Only participate with funds you can afford to potentially lose.
Disclaimer: This content is for informational purposes only. Crypto assets are volatile - conduct your own research before participating. Some services may not be available in your region.