AscendEX Pre-Staking Program For Easyfi Network EZ is Now LIVE!

Published on: 20.05.2021
AscendEX Pre-Staking Program For Easyfi Network $EZ is Now LIVE!

Users can now Stake EZ to Farm EZ tokens.

To support the ongoing growth of  EasyFi (EZ), AscendEX  launched a 3-month EZ Pre-Staking Program on May 20 at 2:00 p.m. UTC, 2021. AscendEX users can get an exclusive first look at EZ token open-staking and have a great chance to earn 25% est. APR. Details are as follows:

EZpcEN.jpg

TokenEZ
Est. APR25%
Minimum Delegation Amount5 EZ
Maximum Delegation AmountNone
Minimum Staking PeriodUnstake anytime
Reward Calculation Starting TimeT+1 Day
Reward Distribution Starting TimeT+2 Day
Reward Distribution CycleEvery Day
Regular Unbonding Period7 Days
Instant UnbondingSupported
Instant Unbonding Fee2%
Minimum Undelegation Amount5 EZ
Staked Assets as Margin CollateralNot Available Now
Compound ModeSupported

 

PC: Click here to participate in EZ Pre-Staking

 

This program is different from traditional airdrops or deposit rewards. Under the pre-staking program, AscendEX users will be required to lock up tokens in order to earn rewards, the same as with official on-chain staking. Also, users have the flexibility to unstake anytime, which is different from term-deposits. While unstaking requires an unbonding period, AscendEX offers an instant unbonding service that allows users to claim back staked tokens immediately at a small price.


About EasyFi

EasyFi is a universal layer 2 lending protocol built for DeFi focused on scalability, composability, and
adoption. It has been designed as an open network infrastructure to run on public networks to facilitate
an end to end lending & borrowing of digital assets and related financial products.


About AscendEX

AscendEX (formerly BitMax) is a leading global digital asset financial platform founded by a group of Wall Street quantitative trading veterans in 2018, servicing retail and institutional clients in over 200 countries and regions of the world.

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