Deposits / Withdrawals & Other Comms
Official Transition to Akash (AKT) On-Chain Staking
Publish on 2020-12-16
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|
|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 Fee||5%|
|Staked Assets as Margin Collateral||Not Available Now|
PC: Click here to participate in AKT Staking
App: Click [Staking] on the homepage to participate.
We truly appreciate your continued support.
Dec 16, 2020
Telegram Group: https://t.me/BitMaxioEnglishOfficial