Dear BitMax.io Users,
BitMax.io will launch THORChain (RUNE) Staking Service with a promotional event. Users participating in RUNE Staking will be eligible for total of 50% est. annualized return. Details are as follows:
Starting Time: June 24th, 10:00 a.m. EDT, 2020
|Est. Annualized Return||36.4%|
|Minimum Delegation/Undelegation Amount||10 RUNE|
|Reward Calculation Starting Time||T+1 Day|
|Reward Distribution Starting Time||T+2 Day|
|Reward Distribution Cycle||Every Day|
|Regular Unbonding Period||No Bounding Period|
|Instant Unbonding||Not Applicable|
|Staked Asset as Margin Collateral||Not Available|
Stake RUNE for Total of 50% Est. Annualized Return for a Limited Time Only
The event will run from June 24th, 10:00 a.m. EDT to July 9th, 10:00 a.m. EDT.
During the event, users who meet the following three requirements will be eligible for total of 50% est. annualized return (36.4% for Regular Staking Return + 13.6% for Additional Staking Bonus):
- Stake RUNE
- 15-Day Average Staking Quantity ≥ 300 RUNE, and
- Do not unstake RUNE tokens during the event
1. 36.4% Regular Staking Return will be calculated and distributed per Delegation Rules. 13.6% Additional Staking Bonus will be distributed within 7 business days after the event. The total staking bonus amount of 75,000 RUNE will be distributed based on users' completion time of 300 RUNE staking, until it's fully distributed.
2. If a user unstakes before the conclusion of the event, then the user will not be eligible for additional staking bonus. However, distributed regular staking return will not be affected.
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 24, 2020
Telegram Group: https://t.me/BitMaxioEnglishOfficial