Dear users,
AscendEX will roll out new Staking products for Algorand (ALGO) on Aug. 18 at 2:00 a.m. UTC. Details are as follows:
PC: Click HERE to participate
App: Click [Staking] on the homepage to participate
| Staking Project | Algorand（ALGO） |
| Deposit Token | ALGO |
| Reward Token | ALGO |
| Minimum Deposit Amount | 20 ALGO |
| Maximum Deposit Amount | N/A |
| Deposit Term | Deposit and redeem anytime |
| Reward Calculation Starting Time | T+1 Days |
| Reward Distribution Starting Time | T+2 Days |
| Reward Distribution Cycle | Daily |
| Minimum Redemption Amount | 20 ALGO |
| Regular Redemption Period | 5 Days |
| Instant Redemption （Real-time Arrival） | Supported |
| Instant Redemption Fee | 2% |
| Compound Mode | Not Available Now |
| Staked Assets used as Margin Collateral | Supported |
We truly appreciate your continued support.
The AscendEX Team
Website: https://ascendex.com/
Twitter: https://twitter.com/_AscendEX
Telegram Group: https://t.me/AscendEXEnglish
