ASD Investment Multiple Card
As AscendEX launched ASD Staking Product, the original Reward Distribution Multiple Card is converted to ASD Investment Multiple Card. With 1 ASD Investment Multiple Card, up to 10,000 ASD on your account will be multiplied by 5 in the calculation of the ASD Staking profit.

Card Information
Issuance Schedule: Every 10 days with 2 releases
Release Time: 0:00 UTC and 12:00 UTC
Price: Set at the time of purchase and subject to dynamic change
Valid Period: 10 days
Total Supply per Issuance: Subject to dynamic change
Quota per User Account: 15 cards each time
Payment Method: ASD
Users need to purchase ASD Investment Multiple Card with ASD. With 1 Multiple Card, up to 10,000 ASD in user’s account will be multiplied by 5 in the calculation of the individual share of platform distribution pool. As a result, 10,000 ASD with Multiple Card has the same individual share as the investment of 50,000 ASD. When user’s balance is less than 10,000 ASD, the actual balance will be used in the calculation.

Example 1:
Assume that you have 101,000 ASD in your account and the current price of ASD Investment Multiple Card is 1,000 ASD. When 1,000 ASD is paid for one ASD Investment Multiple Card, your individual share of the platform distribution pool will be based on the new effective ASD investment quota calculated as below:

            90,000 ASD + 10,000 ASD *5 = 140,000 ASD

Therefore, you will receive equal amount of investment return as 140,000 ASD Staking holders.

Example 2:
Assume that you have 9,000 ASD in your account and the current price of ASD Investment Multiple Card is 1,000 ASD. When 1,000 ASD is paid for one ASD Investment Multiple Card, your individual share of the platform distribution pool will be based on the new effective ASD Staking quota calculated as below:

8,000 ASD *5 = 40,000ASD

Therefore, you will receive equal amount of investment return as 40,000 ASD Staking holders.

Rules

  1. ASD Investment Multiple Card will be automatically activated and applied to the account the next day upon the purchase.
  2. Card sale is scheduled every 10 days with two release at 0:00 UTC and 12:00 UTC.
  3. ASD Investment Multiple Card will only be valid for 10 days. The purchase quota is capped at 15 cards per account each time. One purchase per user is allowed.
  4. ASD within the scope of ASD Investment Multiple Card cannot be redeemed early or used for circulation. Upon expiration, those ASD tokens are subject to auto-subscription to regular Staking.
  5. ASD Investment Multiple Cards cannot be combined in order to be applied to the same ASD investment quota.
  6. The price and total supply for ASD Investment Multiple Card will be set at the time of purchase and subject to change.
  7. The multiplied investment quota (5 times) of ASD will be counted in the calculation of Aggregation of Total User Effective ASD Subscription Quota.
  8. All ASD tokens used for the purchase of ASD Investment Multiple Card will be deemed as consumption.
  9. AscendEX reserves the final right of adjustment and interpretation of ASD Investment Multiple Card rules.

Click here to purchase ASD Investment Multiple Card