BitMart Will Support DeFi Coin (DEFC) Staking
BitMart
Jenis terkait: Others
2021-08-02 19:23
Dear BitMart Users,
We are pleased to announce that DeFi Coin (DEFC) staking will be available on BitMart Staking starting from August 3, 2021. Through BitMart, every user can stake DEFC and earn up to 65%(APY) DEFC rewards. I. How to Participate
- DEFC Staking is available to BitMart registered users only.
- Deposit at least 2,500 DEFC into your BitMart DEFC wallet.
- The estimated annual yield of up to 65%.
- DEFC Staking will be available on BitMart Staking on August 3, 2021.
Deposit DEFC | Buy DEFC
II. Staking Rewards Calculation
Starting from 2021/08/03, BitMart will begin taking live snapshots of user DEFC balances.
DEFC Staking distribution will be calculated as follows:
DEFC generated by each user = Total DEFC staking rewards received by BitMart User DEFC holdings ratio.
User DEFC holdings ratio = Average user DEFC holdings / Average total DEFC staked by BitMart.
III. Staking Rewards Distribution
The initial distribution of DEFC staking rewards will be calculated each month, the first session is from 2021/08/03 to 2021/09/03, with the total amount distributed equally to the staking rewards accrued during the period.
DEFC rewards are calculated daily and distributed monthly. Distributions will be completed before the 9th of each month.
Move your coins to BitMart from anywhere and enjoy hassle-free staking rewards.
ATTENTION: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. BitMart will make its best effort to list only high-quality coins, but will not be responsible for your investment losses.
Thank you for supporting BitMart!
BitMart Team
August 2, 2021