Launch of Fire Protocol (FIRE) Pre-Staking with 26% Est. APR

Dear Users,

To support the ongoing growth of Fire Protocol (FIRE), BitMax.io has launched FIRE Pre-Staking Program. BitMax.io users will get an exclusive first look at FIRE token open-staking, and have a great chance to earn 26% est. APR. Details are as follows:

FIRE Pre-Staking

Token	FIRE
Est. APR	26%
Minimum Delegation Amount	5 FIRE
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	14 Days
Instant Unbonding	Supported
Instant Unbonding Fee	2%
Minimum Undelegation Amount	5 FIRE
Staked Assets as Margin Collateral	Not Available Now
Compound Mode	Supported

PC: Click here to participate in FIRE 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.

AscendEX Team
March 19, 2021
Telegram Group: https://t.me/BitMaxio_English