Dear ApolloX User,
From 16th July 2022 onwards, users who stake APX will no longer enjoy boosting multipliers for APX rewards. Instead, from the same period, the Power Value obtained by users who stake APX in DAO to get veNFT will correspond to different Boost Acceleration tiers. Details as follows:
Power Value |
Boost Acceleration |
50,000 < Power =< 100,000 |
1.5 |
100,000 < Power =< 300,000 |
2 |
Power > 300,000 |
2.5 |
Note:
- The Boost Acceleration is calculated from the current total power value accumulated by users. Users’ power value will linearly depreciate as the lock-up time reduces.
- Stake APX has launched the unlock function. Users can unlock their staked APX and start staking in the DAO according to their preferences. After users have unlocked their staked APX, the APX will be returned to their futures account. Users will need to withdraw APX to their wallets to activate DAO staking.
For more details, please refer to:
Thank you for supporting ApolloX!
Risk Warning: Crypto futures trading carries a substantial risk. All trading activities are done at your discretion and at your own risk. The information here should not be regarded as financial or investment advice from ApolloX. ApolloX will not be liable for any loss that might arise from your use of ApolloX.