AscendEX's 5-month PLOT Pre-Staking Program is about to conclude. To support the ongoing growth of PlotX (PLOT), AscendEX will launch the second PLOT Pre-Staking Program. Users who have participated in the first PLOT Pre-Staking Program will earn rewards as usual without further operations. Details are as follows:
Time: Apr 29, 12 a.m. UTC - May 31, 12 a.m. UTC, 2021
|Minimum Delegation Amount||100 PLOT|
|Maximum Delegation Amount||None|
|Minimum Staking Period||Unstake anytime|
|Reward Calculation Starting Time||T+1 Day|
|Reward Distribution Starting Time||T+2 Day|
|Reward Distribution Cycle||Every Day|
|Regular Unbonding Period||14 Days|
|Instant Unbonding Fee||5%|
|Minimum Undelegation Amount||100 PLOT|
|Staked Assets as Margin Collateral||Not Available Now|
App: Click [Staking] on the homepage to participate.
This program is different from traditional airdrops or deposit rewards. Under the staking program, AscendEX users will be required to lock up tokens in order to earn rewards. Also users have the flexibility to unstake anytime, which is different from term-deposit. While unstaking requires an unbonding period, AscendEX offers instant unbonding service that allows users to claim back staked tokens immediately for a small fee.
We truly appreciate your continued support.
Apr 28, 2021
Telegram Group: https://t.me/AscendEXEnglish