Dear Users,

To support the ongoing growth of Sypool (SYP), AscendEX has launched Pre-Staking for SYP. AscendEX users can now stake SYP to earn rewards of 100% est. APR.


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


See below for Pre-Staking details:

SYP Pre-Staking

Est. APR100%
Minimum Delegation Amount500 SYP
Maximum Delegation AmountN/A
Minimum Staking PeriodUnstake Tokens Anytime
Reward Calculation Starting TimeT+1 Days
Reward Distribution Starting TimeT+2 Days
Reward Distribution CycleDaily
Regular Unbinding Period14 Days
Instant UnbindingSupported
Instant Unbinding Fee5%
Minimum Unbinding Amount500 SYP
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 earn rewards.
  2. Pre-staking permits users to unstake tokens at any time.
  3. 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


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