Dear Users,

 

To support the growth of Nimiq (NIM) project, AscendEX will make the official transition to Nimiq (NIM) on-chain staking after conclusion of the Nimiq (NIM) Pre-Staking Program, starting December 6, 2:00 p.m. UTC, 2024. Staking rewards will come from the block rewards of Nimiq validators. And the regular unbonding period will be also adjusted according to the on-chain unstaking period. 

 

For the current participants of Nimiq (NIM) Pre-Staking, you can continue to earn staking rewards. No extra actions are required!

 

 PC: Click here to participate in NIM Staking

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

 

Please see Nimiq (NIM) Staking's updated rules and mechanism as follows:

Nimiq (NIM) Staking
TokenNIM
Reward TokenNIM
Minimum Delegation Amount5000 NIM
Maximum Delegation AmountNone
Reward Calculation Starting TimeT+1 Day
Reward Distribution Starting TimeT+2 Day
Reward Distribution CycleEvery Day
Regular Unbonding Period7 Days
Minimum Undelegation Amount5000 NIM
Instant UnbondingSupported
Instant Unbonding Fee3%
Staked Assets as Margin CollateralNot Available Now
Compound ModeSupported

We truly appreciate your continued support.

 

The AscendEX Team

 

Website: https://ascendex.com/

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