Dear Users,

To support the ongoing growth of the XCAD Network (XCAD), AscendEX has launched Pre-Staking for XCAD. AscendEX users can now stake XCAD and earn 30% est. APR. Users who participate in XCAD Pre-Staking between July 8, 2:00 p.m. UTC and July 22, 12 a.m. UTC, 2021 will also have a chance to win a share of 10,000 USDT worth of XCAD rewards.

Staking____-en.jpg

See below for Pre-Staking details:

Token

XCAD

Est. APR

30%

Minimum Delegation Amount

5 XCAD

Maximum Delegation Amount

None

Minimum Staking Period

Unstake Assets Anytime

Reward Calculation Starting Time

T+1 Day

Reward Distribution Starting Time

T+2 Day

Reward Distribution Cycle

Daily

Regular Unbinding Period

7 Days

Instant Unbinding

Supported

Instant Unbinding Fee

5%

Minimum Undelegation Amount

5 XCAD

Staked Assets as Margin Collateral

Not Available Now

Compound Mode

Supported

 

Promotional Event: Stake XCAD to Share a 10,000 USDT Prize Pool

Event Period: July 8, 2:00 p.m. UTC - July 22, 12 a.m. UTC

Participants who delegate XCAD while maintaining the minimum delegation amount of 200 XCAD or more will be eligible to earn 30% est. APR and win an equal share of the XCAD rewards pool worth 10,000 USDT.

Event Terms and Conditions:

  1. Rewards Distribution: 30% est. APR for Staking will be calculated and distributed based on Staking rules. Rewards for the promotional event will be distributed to users’ accounts within 15 days of the event’s conclusion.  
  2. If a participant chooses to undelegate their assets before the event’s conclusion, the participant will not be eligible for the event rewards. However, the Staking profits the participant earned will not be affected.
  3. Users must have a verified account to be eligible to participate in the event. 
  4. AscendEX will strictly enforce all the related rules. Any participants found violating AscendEX’s rules, such as the use of duplicate or false accounts, will be removed from the event. AscendEX reserves the final rights on the interpretation and adjustment of these Terms and Conditions.

PC: Click here to participate in XCAD Pre-Staking
App: Click [Staking] on the homepage to participate in XCAD Pre-Staking.

Please note:
By participating in the pre-staking project, users will be required to lock up their tokens to earn rewards.
Pre-staking permits users to unstake tokens at any time.
Pre-staking projects offer an instant unbinding service that allows users to claim staked tokens immediately with a small fee even if they unstake during the unbinding period.

We truly appreciate your continued support.
The AscendEX Team

Website: https://ascendex.com/
Twitter: https://twitter.com/AscendEX_Global 
Telegram Group: https://t.me/AscendEXEnglish