ProBit Exchange will launch the Stake BOLTT, Earn BOLTT Event starting from BOLTT’s listing on 26 July 2019, 14:00 KST.
Boltt Staking Rewards Explained
- By staking BOLTT, a user will be eligible to get annualized returns of BOLTT. To stake BOLTT, go to your ProBit wallet and click the Staking button.
- Stake BOLTT, Earn BOLTT Event will only be applicable to users who staked BOLTT from the listing date, July 26, 2019, 14:00 KST until August 2, 2019, 23:59 KST.
- A user can choose from 2 different plans with varying returns & staking duration:
- Plan 1: 50% annual return, 30 days staking period
- Plan 2: 100% annual return, 60 days staking period
- Staked BOLTT is subject to lock-up of the staking period. During the staking period, the user is unable to unstake or withdraw.
- Up to 1,000,000 BOLTT first staked by users will be eligible for reward for each of the plans. After 1,000,000 BOLTT has been staked, staking will be disabled.
- Rewards will be distributed after the end of every 30-day or 60-day staking period.
* ProBit Exchange reserves the right to amend the rules of this event at its sole discretion.