Launch of Bonfida (FIDA) Pre-Staking - Great Chance to Earn 26% Est. APR for the First Week

Dear Users,

To support the ongoing growth of Bonfida (FIDA), BitMax.io has launched FIDA Pre-Staking Program. BitMax.io users will get an exclusive first look at FIDA token open-staking, and have a great chance to earn 26% est. APR for the first week. After the 1st week, the est. APR for FIDA Pre-Staking will be adjusted to 4%. Details are as follows:

FIDA Pre-Staking

Token	FIDA
First Week Est. APR%	26% (50% paid out as unlocked FIDA; remaining 50% as locked FIDA)
After First Week Est. APR%	4% (50% paid out as unlocked FIDA; remaining 50% as locked FIDA)
Minimum Delegation Amount	10 FIDA
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	20 Days
Instant Unbonding	Supported
Instant Unbonding Fee	1%
Minimum Undelegation Amount	10 FIDA
Staked Assets as Margin Collateral	Not Available Now
Compound Mode	Supported

PC: Click here to participate in FIDA 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 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

Dec 22, 2020

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