Launch of Beyond Finance (BYN) Pre-Staking with 101.389% Est. APR

Dear Users,

To support the ongoing growth of Beyond Finance (BYN), AscendEX has launched a 3-month BYN Pre-Staking Program. AscendEX users will get an exclusive first look at BYN token open-staking, and have a great chance to earn 101.389% est. APR. Details are as follows:

BYN Pre-Staking

Token	BYN
Est. APR	101.389%
Minimum Delegation Amount	200 BYN
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	200 BYN
Staked Assets as Margin Collateral	Not Available Now
Compound Mode	Supported

PC: Click here to participate in BYN 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, 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.

We truly appreciate your continued support.

AscendEX Team

Apr 20, 2021

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