Dear Users,
AscendEX is thrilled to announce the listing of Frontier (FRONT) under the trading pair of FRONT/USDT. Details are as follows:
Deposit & Withdrawal: Dec 22, 9:00 p.m. EST
Trading: Dec 23, 9:00 a.m. EST
Project Introduction of Frontier (FRONT)
To support the ongoing growth of Frontier (FRONT), BitMax.io will launch FRONT Pre-Staking Program starting Dec 23, 10:00 a.m. EST, 2020. BitMax.io users will get an exclusive first look at FRONT token open-staking, and have a great chance to earn 36.4% est. APR. Details are as follows:
FRONT Pre-Staking
| Token | FRONT |
| Est. APR | 36.4% |
| Minimum Delegation Amount | 10 FRONT |
| 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 |
| Instant Unbonding | Supported |
| Instant Unbonding Fee | 3% |
| Minimum Undelegation Amount | 10 FRONT |
| Staked Assets as Margin Collateral | Not Available Now |
| Compound Mode | Supported |
PC: Click here to participate in FRONT Pre-Staking
App: Click [Staking] on the homepage to participate.
This program is different from traditional airdrops or deposit rewards. Under the pre-staking program, BitMax.io users will be required to lock up tokens in order to earn rewards, the same as with official on-chain staking. Also users have the flexibility to unstake anytime, which is different from term-deposits. While unstaking requires an unbonding period, BitMax.io offers instant unbonding service that allows users to claim back staked tokens immediately at a small price.
We truly appreciate your continued support.
AscendEX Team
Dec 22, 2020
Telegram Group：https://t.me/BitMaxioEnglishOfficial