AOFEX saving product Staking has been officially launched on March 9, 2021. With the mission of “including more people into the digital finance”, AOFEX Staking is intended to create higher returns from users’ digital assets. Now FIL Staking is live, with the APR up to 32%. Earn profits at anytime and anywhere with AOFEX Staking.
Subscription time of staking FIL
Time: from 15:00, March 30（GMT+8）
Users can participate in the activity through the advertising space on the home page of PC/APP, the top of PC [Financing&Mining] - [Staking], the app functional zone [Staking], the activity icon and the pop-up window.
Locked period and estimated APR
Estimated APR for 30 days: 18%
Estimated APR for 60 days: 24%
Estimated APR for 90 days: 32%
Trading rules of staking FIL
1. Users can purchase FIL from 1 to unlimited, with the total available amount of 50,000 FIL;
2. The staking reward is the coin clocked and will be distributed once a month. If a user deposits the coin at 23:59:59 (GMT+8) in the day, the returns will begin at 00:00 (GMT+8) next day and be distributed after 30 days for that month;
3. The APR for locked staking is estimated and the actual benchmark interest rate is dynamic. The returns for subscription will be distributed according to the actual yield of FIL;
4. The locked staking will be fixed in terms of the period and will be unlocked immediately once the staking is due. Advanced redemption is not available during the locked period.
Individual’s claim= (purchased amount of individuals*actual APR) * (staking days/365)
For example: product A is FIL locked staking product with an estimated APR of 32% for 90 staking days. If one user puts 20,000 FIL in this product, then:
The user’s claim: (20,000 * 32%)* (90/ 365) = 1,578.08 FIL
For more Staking information and rules, please click: AOFEX's Financing and Mining Product Staking Allows Users to Enjoy Digital Financial Inclusion
AOFEX Staking product only guarantees the principal of the financial assets, but does not guarantee the floating of the claim. In the process of staking, the currency value may be subject to market fluctuations, so that the claim can not make up for the loss of the currency price, which is tolerated by the investors themselves. It is highly necessary to be aware of the risks by considering the experience and tolerance.
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March 29, 2021
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