Dear Users,

To support the growth of Router Protocol (ROUTE) project, AscendEX will make the official transition to Router Protocol (ROUTE) on-chain staking after conclusion of the Router Protocol (ROUTE) Pre-Staking Program, starting August 8, 3:00 p.m. UTC, 2024. Staking rewards will come from the block rewards of Router validators. And the regular unbonding period will be also adjusted according to the on-chain unstaking period. 

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

 PC: Click here to participate in ROUTE Staking

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

Please see Router Protocol (ROUTE) Staking's updated rules and mechanism as follows:

Router Protocol (ROUTE) Staking
TokenROUTE
Reward TokenROUTE
Minimum Delegation Amount200 ROUTE
Maximum Delegation AmountNone
Reward Calculation Starting TimeT+1 Day
Reward Distribution Starting TimeT+2 Day
Reward Distribution CycleEvery Day
Regular Unbonding Period22 Days
Minimum Undelegation Amount200 ROUTE
Instant UnbondingNot Supported
Instant Unbonding FeeN/A
Staked Assets as Margin CollateralNot Available Now
Compound ModeSupported

We truly appreciate your continued support.

The AscendEX Team

Website: https://ascendex.com/
Twitter: https://twitter.com/AscendEX_
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