AscendEX Launches Divergence (DIVER) Pre-Staking Program, Earn 100% APR for the First Week and Share 40,000-USDT Pooled Rewards | Help Center

AscendEX Launches Divergence (DIVER) Pre-Staking Program, Earn 100% APR for the First Week and Share 40,000-USDT Pooled Rewards 진행 중

AscendEX Support

업데이트 2023-05-31

Dear Users,
To support the ecological development of Divergence (DIVER), AscendEX will launch DIVER Pre-Staking
Program. This program is designed to provide AscendEX users an exclusive first look at the DIVER token open-staking offering, and provide users a chance to earn 100% est. annualized return in the first week of the program. The staking APR will be adjusted to 30% following the first week.
In celebration of the launch of DIVER Pre-Staking, AscendEX will also roll out several promotional events, delivering users a chance to share 40,000 USDT worth of pooled rewards. Details are as follows:
PC Clients: Please click HERE to participate in the DIVER Pre-Staking
APP Clients: Please click “Staking” on the homepage to participate

DIVER Pre-Staking

Token	DIVER
Est. APR% for the First Week	100%
Est. APR% Following the First Week	30%
Minimum Staking Amount	50 DIVER
Maximum Staking Amount	No limits
Minimum Staking Period	Stake and redeem anytime
Start Time of Reward Calculation	T+1 days
Start Time of Reward Distribution	T+2 days
Return Distribution Cycle	Daily
Regular Unstaking Period	7 days
Instant Unstaking	Supported
Instant Unstaking Fees	3%
Minimum Unstaking Amount	50 DIVER
Staked Assets as Margin Collateral	Not supported now
Compound Mode	Supported

Event One: Staking Invitational Tournament
Period: 2:00 p.m. Oct. 13 – 12:00 a.m. Oct. 27 UTC
Users can refer their friends to participate in the DIVER Pre-staking Program to share 10,000 USDT in
DIVER rewards. Users who make an effective staking referral* will be eligible for 5 USDT worth of DIVER tokens for each referral. The maximum reward an eligible user can receive is 200 USDT in DIVER. The rewards will be capped at 10,000 USDT and will be distributed based on the number of effective staking referrals on a first-come-first-served basis.

*An Effective staking referral requires a referee to participate in DIVER Staking while maintaining a staking amount of at least 1,000 DIVER after signing up on AscendEX via the referral link of the referrer
Event Two: Complete Tasks to Share in a 30,000-USDT Prize Pool
Period: 2:00 p.m. Oct. 13 – 12:00 a.m. Oct. 27 UTC
Users who complete the following tasks will be eligible to share a 30,000 USDT worth of DIVER rewards
pool. Details are seen as below:

Task 1	Maintain a DIVER net buying amount (buys-sells-withdrawals) of at least 1,000 DIVER
Task 2	Participate in DIVER Pre-Staking and stake DIVER for at least 7 days while maintaining 14-day average staking amount of 10,000 DIVER or more
Task 3	Follow AscendEX and Divergence Twitter Accounts and retweet the posts for the event Click HERE to submit task completion information
Task 4	Join AscendEX and Divergence Telegram communities Click HERE to submit task completion information

Rewards

Users who complete any of the above two tasks will be eligible to evenly share 5,000 USDT worth of DIVER rewards
Users who complete any of the above three tasks will be eligible to evenly split 10,000 USDT worth of DIVER rewards
Users who complete any of the above four tasks will be eligible to win an equal share of 15,000 USDT worth of DIVER rewards

Terms and Conditions:

If a user unstakes before the conclusion of the event, the user will not be eligible for the
additional reward. However, the distribution of the regular staking returns will not be affected.
14-day average staking amount = Total DIVER staking amount in 14 days / 14
Users must have a verified AscendEX account to be eligible to participate in the events.
Users cannot join this event using a sub-account. Sub-accounts' trading volume will be included in the parent account's trading volume.
Rewards will be distributed to the accounts of the winners within 15 days after the events’ conclusion.

AscendEX will strictly enforce all the related rules. Any participants found violating AscendEX’s rules, such as the use of duplicate or false accounts, will be removed from the events. AscendEX reserves the final rights to interpret and adjust these Terms and Conditions.

Thank you for your continued support!
The AscendEX Team

Website: https://ascendex.com
Twitter: https://twitter.com/AscendEX_Global
Telegram Group: https://t.me/AscendEXEnglish