Deposits / Withdrawals & Other Comms
Official Transition to EasyFi (EASY) On-Chain Staking
Publish on 2020-12-11
To support the growth of EasyFi (EASY) project, BitMax.io will make the official transition to EasyFi (EASY) on-chain staking after conclusion of the EasyFi (EASY) Pre-Staking Program, starting December 11, 7:00 p.m. EST, 2020.
- On-chain staking rewards will be generated from Dual Farming Program, a decentralized staking product launched by EasyFi team recently. And rewards will be distributed in MATIC tokens.
- For current participants of EasyFi (EASY) Pre-Staking, you can continue to earn staking rewards. No extra actions are required!
As a result, EasyFi (EASY) Staking rules and mechanism will be updated as follows:
EasyFi (EASY) Staking
|Minimum Delegation Amount||2 EASY|
|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||2 EASY|
|Instant Unbonding Fee||1%|
|Staked Assets as Margin Collateral||Not Available Now|
PC: Click here to participate in EASY Staking
App: Click [Staking] on the homepage to participate.
We truly appreciate your continued support.
Dec 11, 2020
Telegram Group: https://t.me/BitMaxioEnglishOfficial