HELP CENTER
Official Transition to Akash (AKT) On-Chain Staking
Publish on 2020-12-16
Dear Users,
To support the growth of Akash (AKT) project, BitMax.io will make the official transition to Akash (AKT) on-chain staking after conclusion of the Akash (AKT) Pre-Staking Program, starting December 16, 7:00 p.m. EST, 2020.
- Staking rewards will come from block rewards of Akash Network validators. And Regular Unbonding Period will also be adjusted in line with on-chain unstaking period.
- For current participants of Akash (AKT) Pre-Staking, you can continue to earn staking rewards. No extra actions are required!
As a result, Akash (AKT) Staking rules and mechanism will be updated as follows:
| Akash (AKT) Staking | |
| Token | AKT |
| Reward Token | AKT |
| Minimum Delegation Amount | 30 AKT |
| 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 | 21 Days |
| Minimum Undelegation Amount | 30 AKT |
| Instant Unbonding | Supported |
| Instant Unbonding Fee | 5% |
| Staked Assets as Margin Collateral | Not Available Now |
| Compound Mode | Supported |
PC: Click here to participate in AKT Staking
App: Click [Staking] on the homepage to participate.
We truly appreciate your continued support.
BitMax.io Team
Dec 16, 2020
Telegram Group: https://t.me/BitMaxioEnglishOfficial
