Launch of Dafi Protocol (DAFI) Pre-Staking with 20% Est. APR

Dear Users,

To support the ongoing growth of Dafi Protocol (DAFI), BitMax.io will launch DAFI Pre-Staking Program beginning March 18th, at 2:00 p.m. UTC. BitMax.io users will get an exclusive first look at DAFI token open-staking, and have a chance to earn 20% est. APR prior to the official launch of on-chain, dynamic staking reward mechanism by Dafi team. Details are as follows:

DAFI Pre-Staking

Token	DAFI
Est. APR	20%
Minimum Delegation Amount	5000 DAFI
Maximum Delegation Amount	None
Minimum Staking Period	Unstake anytime
Reward Calculation Starting Time	T+1 Day
Reward Distribution Starting Time	T+2 Day
Reward Distribution Cycle	Every Day
Regular Unbonding Period	21 Days
Instant Unbonding	Supported
Instant Unbonding Fee	2%
Minimum Undelegation Amount	100 DAFI
Staked Assets as Margin Collateral	Not Available Now
Compound Mode	Supported

PC: Click here to participate in DAFI Pre-Staking

App: Click [Staking] on the homepage to participate.

This program is different from traditional airdrops or deposit rewards. Under the pre-staking program, BitMax.io 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, BitMax.io offers an instant unbonding service that allows users to claim back staked tokens immediately at a small price.

We truly appreciate your continued support.

BitMax.io Team

March 18, 2021

Telegram Group: https://t.me/BitMaxio_English