Dear Users,

To support the ongoing growth of Token||Traxx (TRAXX), AscendEX has launched Pre-Staking for TRAXX.
AscendEX users can now stake TRAXX to earn rewards with 100% est. APY.

PC: Click here to participate in TRAXX Pre-Staking
App: Click [Staking] on the homepage to participate in Pre-Staking

See below for Pre-Staking details:

TRAXX Pre-Staking

Est. APY100%
Minimum Delegation Amount100 TRAXX
Maximum Delegation AmountN/A
Minimum Staking PeriodAdd and redeem anytime
Reward Calculation Starting TimeT+1 Days
Reward Distribution Starting TimeT+2 Days
Reward Distribution CycleDaily
Regular Unbinding Period14 Days
Instant UnbindingSupported
Instant Unbinding Fee3%
Minimum Unbinding Amount100 TRAXX
Staked Assets used as Margin CollateralNot Available Now
Compound ModeSupported

Please note:
1. By participating in a pre-staking project, users will be required to lock up their tokens to TRAXX rewards.
2. Pre-staking permits users to add and redeem tokens at any time.
3. Pre-staking projects offer an instant unbinding service that allows users to claim staked tokens immediately by paying a small fee even without the need to wait for the unstaking period.

We truly appreciate your continued support.

The AscendEX Team

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