Listing of Band Protocol (BAND) & Launch of BAND Staking Service
Publish on 2020-06-08
Dear BitMax.io Users,
BitMax.io will list Band Protocol (BAND) under the trading pair of BAND/USDT . The platform will also launch BAND Staking Service and a promotional event for BAND Staking. Details are as follows:
Deposits & withdrawals will start on June 8th, 10:00 p.m. EDT, 2020.
Trading will start on June 10th, 10:00 a.m. EDT, 2020.
Project Introduction of Band Protocol (BAND)
Starting Time: June 10th, 10:00 a.m. EDT, 2020
|Minimum Delegation/Undelegation Amount||3|
|Reward Calculation Starting Time||T+1 Day|
|Reward Distribution Starting Time||T+2 Day|
|Reward Distribution Cycle||Every Day|
|Regular Unbonding Period||21 Days|
Click here to participate in BAND Staking
Event: Deposit BAND for Staking Bonus with up to 30% Est. APR
The event will run from June 10th, 10:00 a.m. EDT to June 20th, 10:00 a.m. EDT.
During the event, users with Net Deposit of BAND (Deposit - Withdrawal) ≥ 50 BAND will be ranked and eligible to earn additional staking bonuses on top of regular staking rewards per the following schedule, until the total bonus amount of 3,250 BAND is fully distributed:
|Rank||Est. APR of Staking Bonuses||Bonus Cap per Participant|
|Top 1-5||+30%||200 BAND|
|Top 6-15||+15%||100 BAND|
|Top 16-N||+8%||50 BAND|
Staking Bonus = Average Staking Quantity During the Event * (Est. APR of Staking Bonuses/365 Days)*Staking Period During the Event
Staking bonuses will be calculated and distributed within 7 business days after the event.
BitMax.io reserves the final right to interpret and adjust these Terms and Conditions. For any abusive or suspicious activity detected, BitMax.io will take action and disqualify the user from the event.
We truly appreciate your continued support.
The BitMax.io Team
June 8, 2020
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