Dear users,

In appreciation of your continued support, AscendEX is rolling out the 2nd round of the “Stake & Earn” program.

Users who invest in any AscendEX Earn investment product will be eligible to join a lucky draw. Additionally, in celebration of the launch of Convex-MIM yield farming, users who participate in DeFi yield farming can earn rewards in both CRV and CVX by depositing the stablecoin MIM, to earn up to a 110% APR increase.

Period: Mar. 17, 12 a.m. UTC – Mar. 27, 12 a.m. UTC
Click HERE to sign up for the event

Event One: Invest in AscendEX Earn to Win Lucky Draw Rewards

Users who invest in any investment product of AscendEX Earn while maintaining an investment amount of at least 300 USDT will be eligible to join a lucky draw to win a share of 10,000 USDT in rewards based on the following lucky draw rules:

  • 200 lucky users will be selected to receive 20 USDT worth of rewards each. If the lucky user is a *new investor, the user will be rewarded 40 USDT.
  • The other eligible users missing out on the lucky draw rewards will win an equal share of the remaining rewards.

*New investors refers to the users who have not invested in any investment product on AscendEX since they registered after April 2020.

Event Two: Join Convex-MIM Yield Farming to Earn Up to a 110% APR Increase

① 10% APR increase is available for all participants
Users who participate in Convex-MIM Yield Farming can earn a limited-time APR increase of 10% by depositing the stablecoin MIM. The APR will return to the original level after the event’s conclusion.

② Refer friends to earn up to an extra 100% APR increase
Users who refer their friends to register on AscendEX and participate in Convex-MIM Yield Farming will earn an extra APR increase. A referrer who makes an *eligible referral will be eligible to earn an extra APR increase of 5% for each referral, with a maximum of 100%.
*The eligible referral refers to the referee who sign up on AscendEX via the referrer’s referral link and participate in Convex-MIM Yield Farming.

Please note:

1. Only the investments added between Mar. 17, 12 a.m. UTC and Mar. 27, 12 a.m. UTC will count towards the event. Investments made before the event will not be calculated towards the event.
2. The AscendEX Earn portion of the event involves offerings of Staking, ASD Ecosystem, DeFi Yield Farming and DOT Slot Auctions. The investment amount will be calculated in USDT and will be subject to the closing price of the pair of the deposit TOKEN/USDT at the event’s conclusion.
3. The lucky draw rules for the first event: The last digit of the first BTC block hash after the event’s conclusion will be the lucky draw number and the last number of a user’ UID will be the draw code. If a user’s draw code matches the lucky draw number, the user will win in the lucky draw. If the number of winners exceeds 200, users who make more investments on AscendEX Earn will receive their rewards first.
For instance, assume that the first BTC block hash after 12:00 a.m. UTC, Mar. 27 is 0000000000000000000cb9fb7105a87574da6a048a95cbe73aa44d374969b22d, the last digit of the hash value is 2. If A’s UID is U0437496922, A’s draw code is 2. Since the lucky draw number is the same as the draw code, A wins in the lucky draw.
4. Users who participate in Convex-MIM Yield Farming event will be joining 2nd round of the program and no extra signup is required. If users want to join the first event as well, they are required to sign up for the event first.
5. Rewards for the second event are capped at 20,000 USDT and each qualified user will be eligible to win up to 200 USDT. Rewards will be distributed based on users’ investments rankings in descending order on a first-come-first-served basis. Rewards = Users’ investment amount (USDT) during the event * Est. APR Increase * (Number of investing Days during the Event / 365).
6. Users will not be eligible for the event rewards if they withdraw their assets before the conclusion of the event. Rewards earned and received will not be affected.
7. The normal staking returns will be calculated and distributed according to the regular staking rules, and the event rewards will be distributed to winners’ accounts in USDT within 15 days after the event’s conclusion.

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 events. AscendEX reserves the final rights to interpret and adjust these Terms and Conditions.

Thank you for your continued support!

The AscendEX Team

Website: https://ascendex.com 
Twitter: https://twitter.com/AscendEX_Global   
Telegram Group: https://t.me/AscendEXEnglish