Official Transition to xDai (STAKE) On-Chain Staking

Dear Users,

To support the growth of xDai (STAKE) project, BitMax.io will make the official transition to xDai (STAKE) on-chain staking after conclusion of the three-month xDai (STAKE) Pre-Staking Program, starting August 10, 8:00 p.m. EDT, 2020.

On-chain staking rewards will be generated from Easy Staking, a decentralized staking product launched by xDai (STAKE) team recently.
For current participants of xDai (STAKE) Pre-Staking, you can continue to earn staking rewards. No extra actions are required!

As a result, xDai (STAKE) Staking rules and mechanism will be updated as follows:

xDai (STAKE) Staking
Token	STAKE
Minimum Delegation Amount	10 STAKE
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	1 Day
Minimum Undelegation Amount	10 STAKE
Instant Unbonding	Supported
Instant Unbonding Fee	2%
Staked Assets as Margin Collateral	Not Available Now
Compound Mode	Supported