Dear Users,


AscendEX's 5-month PLOT Pre-Staking Program is about to conclude. To support the ongoing growth of PlotX (PLOT), AscendEX will launch the second PLOT Pre-Staking Program. Users who have participated in the first PLOT Pre-Staking Program will earn rewards as usual without further operations. Details are as follows:


Time: Apr 29, 12 a.m. UTC - May 31, 12 a.m. UTC, 2021


PLOT Pre-Staking

Est. APR12%
Minimum Delegation Amount100 PLOT
Maximum Delegation AmountNone
Minimum Staking PeriodUnstake anytime
Reward Calculation Starting TimeT+1 Day
Reward Distribution Starting TimeT+2 Day
Reward Distribution CycleEvery Day
Regular Unbonding Period14 Days
Instant UnbondingSupported
Instant Unbonding Fee5%
Minimum Undelegation Amount100 PLOT
Staked Assets as Margin CollateralNot Available Now
Compound ModeSupported


PC: Click here to participate in PLOT Pre-Staking

App: Click [Staking] on the homepage to participate.


This program is different from traditional airdrops or deposit rewards. Under the staking program, AscendEX users will be required to lock up tokens in order to earn rewards. Also users have the flexibility to unstake anytime, which is different from term-deposit. While unstaking requires an unbonding period, AscendEX offers instant unbonding service that allows users to claim back staked tokens immediately for a small fee.


We truly appreciate your continued support.


AscendEX Team

Apr 28, 2021




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