Earn Passive Income with ACXT Staking
Celebrating the listing of ACXT, we empower our users to make passive income with the new staking feature. Stake ACXT to earn ACXT.
Hello ACXT supporters,
We thank you all for standing with us along the way, from the public beta launch to the listing of ACXT. Your support is of paramount importance to us, encouraging us to keep on innovating to cater to your trading needs.
To express our gratitude, we are pleased to announce the ACXT Staking Program which allows ACXT token holders to earn additional ACXT with staked ACXT.
How does ACXT staking work?
ACXT staking works simple. You stake ACXT with us, and every 4 weeks we will payout ACXT rewards to anyone who has staked ACXT anytime in the previous 4 weeks. The funds are derived from our token allocation for marketing and ecosystem.
How to stake?
We provide a very user-friendly interface to stake ACXT. Follow the steps below:
- Access the trading portal on https://www.acdx.io/
2. Locate the arrow on the upper right corner, and then click ‘ACXT Staking’
3. Enter the amount of ACXT tokens you want to stake, and click ‘Stake ACXT Tokens’
How are staking rewards calculated?
Staked tokens are immediately considered for the next pay period. The ACXT staking rewards are distributed in a pro-rata manner. This implies that all payouts will be distributed every 4 weeks according to how many ACXT tokens (staked amount) and how long (days staked) they were staked while the annual percentage yield (APY) is 100%.
Payout = Staked Amount * 100% * (Days staked / 365)
Payouts are in ACXT and are done every 4 weeks (midnight UTC time).
To ensure accuracy, ACDX will run the calculations every minute to confirm the staked amount and days staked. Staked ACXTs are automatically rolled over to the next period.
How to unstake?
You can submit the unstake request anytime by entering the unstaked amount and clicking ‘unstake ACXT tokens’. However, the request is not processed immediately. It will only be processed after the payouts every 4 weeks.
Closing thoughts
As ACDX starts to get more exposure and scale, we hope to share the yields with our devoted supporters because none of this would be possible without your support. By launching the ACXT Staking Program, we believe you can enjoy the value of ACXT with us since you — deserve it.
Disclaimer: This material should not be taken as the basis for making investment decisions, nor be construed as a recommendation to engage in investment transactions. Trading digital assets involves significant risk and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.
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