HELP CENTER
Launch of Beyond Finance (BYN)Pre-Staking with 101.389% Est. APR
Publish on 2021-04-20
Dear Users,
To support the ongoing growth of Beyond Finance (BYN), AscendEX has launched a 3-month BYN Pre-Staking Program. AscendEX users will get an exclusive first look at BYN token open-staking, and have a great chance to earn 101.389% est. APR. Details are as follows:
BYN Pre-Staking
Token | BYN |
Est. APR | 101.389% |
Minimum Delegation Amount | 200 BYN |
Maximum Delegation Amount | None |
Minimum Staking Period | Unstake anytime |
Reward Calculation Starting Time | T+1 Day |
Reward Distribution Starting Time | T+2 Day |
Reward Distribution Cycle | Every Day |
Regular Unbonding Period | 14 Days |
Instant Unbonding | Supported |
Instant Unbonding Fee | 2% |
Minimum Undelegation Amount | 200 BYN |
Staked Assets as Margin Collateral | Not Available Now |
Compound Mode | Supported |
PC: Click here to participate in BYN Pre-Staking
App: Click [Staking] on the homepage to participate.
This program is different from traditional airdrops or deposit rewards. Under the pre-staking program, AscendEX users will be required to lock up tokens in order to earn rewards, the same as with official on-chain staking. Also, users have the flexibility to unstake anytime, which is different from term-deposits. While unstaking requires an unbonding period, AscendEX offers an instant unbonding service that allows users to claim back staked tokens immediately at a small price.
We truly appreciate your continued support.
AscendEX Team
Apr 20, 2021
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