Dear Users,

To support the growth of Cudos (CUDOS) project, AscendEX will make the official transition to Cudos (CUDOS) on-chain staking after conclusion of the Cudos (CUDOS) Pre-Staking Program, starting June 30, 2:00 p.m. UTC, 2022. Staking rewards will come from the block rewards of Cudos validators. And the regular unbonding period will be also adjusted according to the on-chain unstaking period. 

For the current participants of Cudos (CUDOS) Pre-Staking, you can continue to earn staking rewards. No extra actions are required!

 PC: Click here to participate in CUDOS Staking
App: Click [Staking] on the homepage to participate.

Please see Cudos (CUDOS) Staking's updated rules and mechanism as follows:

Cudos (CUDOS) Staking
Reward TokenCUDOS
Minimum Delegation Amount3,500 CUDOS
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 Period24 Days
Minimum Undelegation Amount3,500 CUDOS
Instant UnbondingSupported
Instant Unbonding Fee2%
Staked Assets as Margin CollateralNot Available Now
Compound ModeNot Supported

We truly appreciate your continued support.

The AscendEX Team

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