BitMart Will Support OUD TOKEN (OUD) Staking
BitMart
Связанный тип: Others
2021-10-29 15:46
Dear BitMart Users,
We are pleased to announce that OUD TOKEN (OUD) staking will be available on BitMart Staking starting from November 1, 2021. Through BitMart, every user can stake OUD and earn up to 15%(APY) OUD rewards.
I. How to Participate
- OUD Staking is available to BitMart registered users only.
- Deposit at least 5,000 OUD into your BitMart OUD wallet.
- The estimated annual yield of up to 15%.
- OUD Staking will available on BitMart Staking on November 1, 2021.
Deposit OUD | Buy OUD
II. Staking Rewards Calculation
Starting from 2021/11/1, BitMart will begin taking live snapshots of user OUD balances.
OUD Staking distribution will be calculated as follows:
OUD generated by each user = Total OUD staking rewards received by BitMart User OUD holdings ratio.
User OUD holdings ratio = Average user OUD holdings / Average total OUD staked by BitMart.
III. Staking Rewards Distribution
The initial distribution of OUD staking rewards will be calculated each month, the first session is from 2021/11/1 to 2021/11/30, with the total amount distributed equally to the staking rewards accrued during the period.
OUD 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
October 29, 2021