Dear Users,

To support the ongoing growth of PolkaCity (POLC), AscendEX has launched Pre-Staking for POLC. AscendEX users can now stake POLC to earn rewards of 150% est. APR.

PC: Click here to participate in POLC Pre-Staking
App: Click [Staking] on the homepage to participate in Pre-Staking

See below for Pre-Staking details:

POLC Pre-Staking
TokenPOLC
Est. APR150%
Minimum Delegation Amount100 POLC
Maximum Delegation AmountN/A
Minimum Staking PeriodUnstake Tokens Anytime
Reward Calculation Starting TimeT+1 Days
Reward Distribution Starting TimeT+2 Days
Reward Distribution CycleDaily
Regular Unbinding Period14 Days
Instant UnbindingSupported
Instant Unbinding Fee5%
Minimum Unbinding Amount100 POLC
Staked Assets used as Margin CollateralNot Available Now
Compound ModeSupported

Please note:

1. By participating in a pre-staking project, users will be required to lock up their tokens to earn rewards.
2. Pre-staking permits users to unstake tokens at any time.
3. Pre-staking projects offer an instant unbinding service that allows users to claim staked tokens immediately with a small fee even during the unbinding period.

We truly appreciate your continued support.

The AscendEX Team

Website: https://ascendex.com/
Twitter: https://twitter.com/AscendEX_Global
Telegram Group: https://t.me/AscendEXEnglish