Dear Users,

 

To support the growth of Akash (AKT) project, BitMax.io will make the official transition to Akash (AKT) on-chain staking after conclusion of the Akash (AKT) Pre-Staking Program, starting December 16, 7:00 p.m. EST, 2020.

 

  • Staking rewards will come from block rewards of Akash Network validators. And Regular Unbonding Period will also be adjusted in line with on-chain unstaking period. 
  • For current participants of Akash (AKT) Pre-Staking, you can continue to earn staking rewards. No extra actions are required!

 

As a result, Akash (AKT) Staking rules and mechanism will be updated as follows:

Akash (AKT) Staking
TokenAKT
Reward TokenAKT
Minimum Delegation Amount30 AKT
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 Period21 Days
Minimum Undelegation Amount30 AKT
Instant UnbondingSupported
Instant Unbonding Fee5%
Staked Assets as Margin CollateralNot Available Now
Compound ModeSupported

 

 PC: Click here to participate in AKT Staking

App: Click [Staking] on the homepage to participate.

 

We truly appreciate your continued support.

 

BitMax.io Team

Dec 16, 2020

 

Telegram Group: https://t.me/BitMaxioEnglishOfficial