Dear Users,

AscendEX is excited to announce the launch of Convex - MIM Yield Farming. By depositing the stablecoin MIM, users can earn rewards both in Curve (CRV) and Convex (CVX). The DeFi Yield Farming product features flexible redemption of principal allocations and daily distribution of earnings.

See below for Convex - MIM Yield Farming details:
PC: Click HERE to start DeFi Yield Farming
App: Click [DeFi Yield Farming] on the homepage to participate

Deposit tokenMIM
Reward tokenCRV + CVX
Minimum deposit amount500 MIM
Maximum deposit amount250,000 MIM
Minimum redemption amount500 MIM
Reward calculation starting timeT+1
Reward distribution starting timeT+2
Reward distribution cycleDaily
Redemption cycle1 day
Instant redemptionNot supported

AscendEX’s DeFi Yield Farming explained:

1. Transaction day (or “T Day”) is a natural day based on the UTC. If users deposit their assets by 12 p.m. UTC on T Day, then their rewards will be calculated from T+1 Day and rewards distribution will start from T+2 Day.
2. AscendEX provides users with easy and convenient DeFi yield farming products, with users bearing no fees and enjoying all profits.
3. Risks come with every DeFi yield farming project. As mining services providers, AscendEX only provides proxy mining services. Please carefully select investment projects and make independent market research before engaging in any investment.

For more information or any question, please refer to DeFi Yield Farming Guide or contact Customer Support for help.

Thank you for your continued support!

The AscendEX Team

Website: https://ascendex.com
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