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

Token

SYP

Est. APR

100%

Minimum Delegation Amount

500 SYP

Maximum Delegation Amount

N/A

Minimum Staking Period

Unstake Tokens 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

Supported

Instant Unbinding Fee

5%

Minimum Unbinding Amount

500 SYP

Staked Assets used as Margin Collateral

Not Available Now

Compound Mode

Supported

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

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