To support the ongoing growth of the XCAD Network (XCAD), AscendEX has launched Pre-Staking for XCAD. AscendEX users can now stake XCAD and earn 30% est. APR. Users who participate in XCAD Pre-Staking between July 8, 2:00 p.m. UTC and July 22, 12 a.m. UTC, 2021 will also have a chance to win a share of 10,000 USDT worth of XCAD rewards.
See below for Pre-Staking details:
|Minimum Delegation Amount||5 XCAD|
|Maximum Delegation Amount||None|
|Minimum Staking Period||Unstake Assets Anytime|
|Reward Calculation Starting Time||T+1 Day|
|Reward Distribution Starting Time||T+2 Day|
|Reward Distribution Cycle||Daily|
|Regular Unbinding Period||7 Days|
|Instant Unbinding Fee||5%|
|Minimum Undelegation Amount||5 XCAD|
|Staked Assets as Margin Collateral||Not Available Now|
Promotional Event: Stake XCAD to Share a 10,000 USDT Prize Pool
Event Period: July 8, 2:00 p.m. UTC - July 22, 12 a.m. UTC
Participants who delegate XCAD while maintaining the minimum delegation amount of 200 XCAD or more will be eligible to earn 30% est. APR and win a share of the XCAD rewards pool worth 10,000 USDT.
Event Terms and Conditions:
1. Rewards Distribution: 30% est. APR for Staking will be calculated and distributed based on Staking rules. Rewards for the promotional event will be distributed to users’ accounts within 15 days of the event’s conclusion.
2. If a participant chooses to undelegate their assets before the event’s conclusion, the participant will not be eligible for the event rewards. However, the Staking profits the participant earned will not be affected.
3. Users must have a verified account to be eligible to participate in the event.
4. AscendEX will strictly enforce all the related rules. Any participants found violating AscendEX’s rules, such as the use of duplicate or false accounts, will be removed from the event. AscendEX reserves the final rights on the interpretation and adjustment of these Terms and Conditions.
PC: Click here to participate in XCAD Pre-Staking
App: Click [Staking] on the homepage to participate in XCAD Pre-Staking.
By participating in the pre-staking project, users will be required to lock up their tokens to earn rewards.
Pre-staking permits users to unstake tokens at any time.
Pre-staking projects offer an instant unbinding service that allows users to claim staked tokens immediately with a small fee even if they unstake during the unbinding period.
We truly appreciate your continued support.
The AscendEX Team