Q: When will I get PIVX rewards?

• PIVX rewards are paid out every two days between 08:00 am – 10:00 am (UTC+8)
• If you deposit PIVX to the reward wallet before 08:00am (UTC+8), you will receive the reward two days after (T+2)
• If you deposit PIVX to the reward wallet after 08:00 am (UTC+8), the reward will be paid out three days after (T+3)

Q: How much PIVX rewards will I receive?

• PIVX reward amount = [lowest balance during the previous 48 hours] x [Daily reward rate]

     * The daily reward rate will be dynamically adjusted according to node fluctuations

Frequently Asked Questions (FAQs)

Q: How does the PIVX masternode distribute rewards?

• The exact reward amount is affected by three factors and is subject to change on a weekly basis.

The three factors are:

1. The number of masternodes in the PIVX network: The more masternodes, the fewer each masternode earns.
2. The traffic of the PIVX network: the more traffic (more blocks mined in a certain period ), the more each masternode earns.
3. Amount of PIVX you have in the reward wallet: Cobo has a tiered policy on the reward rate. It means that the more PIVX you deposit, the higher your reward rate. The tiers are approximately divided as follows:

• ≥ 8000 PIVX
• 6000 – 8000 PIVX
• 2000 – 6000 PIVX
• 2000 PIVX

Q: Is there a lock-up period?

Cobo does not have a lock-up period for PIVX. Users can transfer it out at any time.

• A minimum of 2 PIVX is required to participate.
• Any PIVX withdrawal will incur a fee of 1 PIVX (transferring PIVX from Rewards Wallet to Cloud Wallet).

Q: How to join the PIVX reward program?

If you are not yet a Cobo user, you can download the Cobo Wallet App from our website through this link. [Download Now]

If you already have the Cobo Wallet app, please refer to the following steps.

1. Select ‘Cloud Wallet’ and go to the ‘Assets’ page.
2. Tap on the plus sign at the top right of the page to add a coin.
3. Add PIVX to your wallet. You will see a checkmark once it’s added.
4. When you go back to the ‘Assets’ page, the PIVX wallet will show up.
5. Tap into the PIVX  wallet and you will see a purple box with ‘annual returns rate’.
6. Tap on the purple box to access the PIVX reward wallet.
7. Transfer PIVX to the reward wallet to start earning.