To support the growth of Gather (GTH) project, AscendEX will make the official transition to Gather (GTH) on-chain staking after conclusion of the Gather (GTH) Pre-Staking Program, starting June 17, 1:00 p.m. UTC, 2022. Staking rewards will come from the block rewards of Gather validators. And the regular unbonding period will be also adjusted according to the on-chain unstaking period.
For the current participants of Gather (GTH) Pre-Staking, you can continue to earn staking rewards. No extra actions are required!
PC: Click here to participate in GTH Staking
App: Click [Staking] on the homepage to participate.
Please see Gather (GTH) Staking's updated rules and mechanism as follows:
Gather (GTH) Staking
|Minimum Delegation Amount||4,000 GTH|
|Maximum Delegation Amount||None|
|Minimum Staking Period||Unstake anytime|
|Reward Calculation Starting Time||T+1 Day|
|Reward Distribution Starting Time||T+2 Day|
|Reward Distribution Cycle||Every Day|
|Regular Unbonding Period||1 Day|
|Minimum Undelegation Amount||4,000 GTH|
|Instant Unbonding Fee||2%|
|Staked Assets as Margin Collateral||Not Available Now|
|Compound Mode||Not Supported|
We truly appreciate your continued support.
The AscendEX Team