Dear Users,

To support the ongoing growth of the Polkalokr (LKR), AscendEX has launched Pre-Staking for LKR. AscendEX users can now stake LKR and earn 100% est. APR. Users who participate in LKR Pre-Staking between July 12, 1:00 p.m. UTC and July 26, 12 a.m. UTC, 2021 will also have a chance to win a share of 3,000 USDT worth of LKR rewards. See below for Pre-Staking details:


Pre-Staking Details: 

Token LKR
Est.APR 100%
Minimum Delegation Amount 5,000 LKR
Maximum Delegation Amount None
Minimum Staking Period Unstake Assets Anytime
Reward Calculation Starting Time T+1 Day
Reward Distribution Starting TimeT T+2 Day
Regular Unbinding Period 14 Days
Instant Unbinding Supported
Instant Unbinding Fee 3%
Minimum Undelegation Amount 5,000 LKR
Staked Assets as Margin Collateral Not Available Now
Compound Mode Supported

Promotional Event: Stake LKR to Share a 3,000 USDT Prize Pool

Event Period: July 12, 1:00 p.m. UTC - July 26, 12 a.m. UTC

Participants who delegate LKR while maintaining the minimum delegation amount of 5,000 LKR or more will be eligible to earn 100% est. APR and win a share of the LKR rewards pool worth 3,000 USDT.

Event Terms and Conditions:

  1. Rewards Distribution: 100% 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 LKR Pre-Staking

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

Please note:

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

We truly appreciate your continued support.

The AscendEX Team

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