To support the ongoing growth of iTrust.finance (ITG), AscendEX has launched Pre-Staking for ITG. AscendEX users can now stake ITG and earn 50% est. APR. Users who participate in ITG Pre-Staking between August 17, 2:00 p.m. UTC and August 31, 12 a.m. UTC, 2021 will also have a chance to win a share of 5,000 USDT worth of ITG rewards.
App: Click [Staking] on the homepage to participate in Pre-Staking.
See below for Pre-Staking details:
|Minimum Delegation Amount||20 ITG|
|Maximum Delegation Amount||None|
|Minimum Staking Period||Unstake Assets Anytime|
|Reward Calculation Starting Time||T+1 Day|
|Reward Distribution Starting Time||T+2 Day|
|Reward Distribution Cycle||Daily|
|Regular Unbinding Period||14 Days|
|Instant Unbinding Fee||3%|
|Minimum Undelegation Amount||20 ITG|
|Staked Assets as Margin Collateral||Not Available Now|
Promotional Event: Stake ITG to Share a 5,000 USDT Prize Pool
Event Period: August 17, 2:00 p.m. UTC - August 31, 12 a.m. UTC
The first 500 ITG Staking users ranked by first-time delegation time who delegate and maintain at least a 400 ITG delegation will be eligible to win an equal share of 5,000 USDT pooled rewards on a first-come-first-served basis.
Event Terms and Conditions:
- Rewards Distribution: 50% est. APR for Staking will be calculated and distributed based on Staking rules. Rewards for the promotional event will be distributed to users’ accounts within 15 days of the event’s conclusion.
- If a participant chooses to undelegate their assets before the event’s conclusion, the participant will not be eligible for the event rewards., However, the Staking profits the participant earned will not be affected.
- Users must have a verified account to be eligible to participate in the event.
- AscendEX will strictly enforce all the related rules. Any participants found violating AscendEX’s rules, such as the use of duplicate or false accounts, will be removed from the event. AscendEX reserves the final rights on the interpretation and adjustment of these Terms and Conditions.
- By participating in a pre-staking project, users will be required to lock up their tokens to earn rewards.
- Pre-staking permits users to unstake tokens at any time.
- Pre-staking projects offer an instant unbinding service that allows users to claim staked tokens immediately with a small fee even during the unbinding period.
We truly appreciate your continued support.
The AscendEX Team