Dear Users,
To support the ongoing growth of Fire Protocol (FIRE), BitMax.io has launched FIRE Pre-Staking Program. BitMax.io users will get an exclusive first look at FIRE token open-staking, and have a great chance to earn 26% est. APR. Details are as follows:
FIRE Pre-Staking
| Token | FIRE |
| Est. APR | 26% |
| Minimum Delegation Amount | 5 FIRE |
| 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 | Supported |
| Instant Unbonding Fee | 2% |
| Minimum Undelegation Amount | 5 FIRE |
| Staked Assets as Margin Collateral | Not Available Now |
| Compound Mode | Supported |
PC: Click here to participate in FIRE Pre-Staking
App: Click [Staking] on the homepage to participate.
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 on-chain staking. Also, users have the flexibility to unstake anytime, which is different from term-deposits. While unstaking requires an unbonding period, BitMax.io offers an 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
March 19, 2021
Telegram Group: https://t.me/BitMaxio_English
