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. FIL staking is widely favored and supported by users after its launch. Now AOFEX starts FIL Staking Phase 2, with the APR up to 32%. Earn profits at anytime and anywhere with AOFEX Staking.
Subscription time of staking FIL
Time: from 18:00, April 9（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 40,000 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 0:00 (GMT+8) next day and be distributed every 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 cannot 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.
Thanks for your support!
April 9, 2021