Dear BitMax.io Users,
BitMax.io will launch Harmony (ONE) Staking Service. Users can stake ONE to earn regular staking rewards AND to share 2,000,000 ONE (worth around 6,000 USDT) as bonuses. Details are as follows:
Stake ONE to Earn Regular Staking Rewards
|Minimum Delegation/Undelegation Amount||2000|
|Reward Calculation Starting Time||T+1 Day|
|Reward Distribution Starting Time||T+3 Day|
|Reward Distribution Cycle||Every 2 Days|
|Regular Unbonding Period||0 Days|
|Staked Assets as Margin Collateral||Supported|
Event: Stake ONE to Earn Bonus with up to 30% Est. APR
The event will run from May 20, 10:00 a.m. EDT to June 19th, 10:00 a.m. EDT.
During the event, users with Average Staking Quantity ≥ 25,000 ONE 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 2,000,000 ONE is depleted:
|Rank||Additional Est. APR of Staking Bonuses||Bonus Cap per Participant|
|Top 1-5||+30%||100,000 ONE|
|Top 6-15||+10%||50,000 ONE|
|Top 16-N||+5%||20,000 ONE|
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
May 20, 2020
Telegram Group: https://t.me/BitMaxioEnglishOfficial