Update on 2022-05-06
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. APR.
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:
|Minimum Delegation Amount||100 TRAXX|
|Maximum Delegation Amount||N/A|
|Minimum Staking Period||Add and redeem anytime|
|Reward Calculation Starting Time||T+1 Days|
|Reward Distribution Starting Time||T+2 Days|
|Reward Distribution Cycle||Daily|
|Regular Unbinding Period||14 Days|
|Instant Unbinding Fee||3%|
|Minimum Unbinding Amount||100 TRAXX|
|Staked Assets used as Margin Collateral||Not Available Now|
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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