Dear users, 

AscendEX will roll out new Staking products for Algorand (ALGO) on Aug. 18 at 2:00 a.m. UTC. Details are as follows:

PC: Click HERE to participate
App: Click [Staking] on the homepage to participate

Staking ProjectAlgorand(ALGO)
Deposit TokenALGO
Reward TokenALGO
Minimum Deposit Amount20 ALGO
Maximum Deposit AmountN/A
Deposit TermDeposit and redeem anytime
Reward Calculation Starting TimeT+1 Days
Reward Distribution Starting TimeT+2 Days
Reward Distribution CycleDaily
Minimum Redemption Amount 20 ALGO
Regular Redemption Period5 Days
Instant Redemption (Real-time ArrivalSupported
Instant Redemption Fee2%
Compound ModeNot Available Now
Staked Assets used as Margin CollateralSupported

We truly appreciate your continued support.

The AscendEX Team

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