Dear BitMax.io Users, 

 

To support the ongoing growth of PowerTrade (PTF), BitMax.io will launch a 3-month PTF pre-staking program. BitMax.io users will get an exclusive first look at PTF token open-staking. During the first week of the program, BitMax.io users can stake PTF tokens for staking rewards at a 50% est. APR. As to the est. APR after the 1st week, please stay tuned for further announcement.

 

Time: Oct 2, 11:00 a.m. EDT, 2020 - Jan 2, 10:00 a.m. EST, 2021

 

PTF Pre-Staking

TokenPTF
First Week Est. APR%50%
Minimum Delegation Amount10 PTF
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 Period7 Days
Instant UnbondingSupported
Instant Unbonding Fee5%
Minimum Undelegation Amount10 PTF
Staked Assets as Margin CollateralNot Available Now
Compound ModeSupported

 

Click here to participate in PTF Pre-Staking. 

 

This program is different from traditional airdrops or deposit rewards. Under the pre-staking program, BitMax.io users will be required to lock up tokens in order to earn rewards, the same as with official staking. Also users have the flexibility to unstake anytime, which is different from term-deposits. While unstaking requires an unbonding period, BitMax.io offers instant unbonding service that allows users to claim back staked tokens immediately at a small price. 

 

We truly appreciate your continued support.

 

BitMax.io Team

Oct 2, 2020