roll out three limited-time promotional events up to 40k usdt in Rewards

AscendEX and the Persistence team are thrilled to announce three limited-time promotional events that will give players the opportunity to win a piece of a $40,000 USDT prize pool. Please see the following for more information about the event:

Event One: XPRT Net Buy Contest

Event Period: July 21, 1:00 a.m. UTC — July 28, 12:00 a.m. UTC

The amount of XPRT Net Buy (Buy — Sell — Withdrawal) will be used by AscendEX to rank participants. Participants who have a Net Buy Amount of 20 XPRT or more will be eligible to receive one of the following prizes:

Grand Prize: Top 25 ranked participants will receive a proportional share of an XPRT rewards pool worth 7,000 USDT.
Participation Prize: Eligible participants after 25th place will receive an equal share of an XPRT rewards pool worth 3,000 USDT.

Event Two: Stake XPRT to Share 10,000 USDT of Rewards

Event Period: July 21, 1:00 a.m. UTC — August 4, 12:00 a.m. UTC

On a first-come-first-served basis, the first 600 new XPRT Staking users who delegate and maintain at least a 25 XPRT delegation will be eligible to earn an equal part of 9,000 USDT pooled awards. Each winner will receive 15 USDT worth of XPRT tokens.

Extra Lucky Rewards:
20 qualified participants will be selected at random by AscendEX’s lucky draw to receive an additional $50 USDT worth of rewards.

Event Three: Delegate More XPRT for a Higher Est. APR of Up to 64.85%

Event Period: July 21, 1:00 a.m. UTC — August 4, 12:00 a.m. UTC

Participants with a trailing 14-day average of 30 or more delegated XPRT tokens will be ranked higher on the platform. Based on their rankings, eligible participants will receive a higher APR %. The APR-Increase rewards pool will be capped at 20,000 USDT and will be awarded in XPRT tokens. XPRT will be distributed on a first-come, first-served basis.

PC: Click HERE to participate in XPRT Staking

APP: Click on [Staking] on the homepage to participate in XPRT Staking.

  1. Only tokens delegated between 1:00 a.m. UTC on July 21 and 12:00 a.m. UTC on August 4 will be eligible for awards.
  2. The sum of daily XPRT delegation/14 is used to compute the trailing 14-day average amount of delegated XPRT tokens.
  3. The trailing 14-day average amount of delegated XPRT tokens * (APR-Raise/365) * delegation days is used to calculate APR-raise incentives.
  4. Estimated reward distribution: 34.34 percent Staking APR shall be calculated and distributed in accordance with Staking guidelines. Within 15 days following the event’s conclusion, event awards will be issued to users’ accounts.
  5. If a participant chooses to undelegate their assets before the end of the event, they will be ineligible for event incentives. The participant’s Staking gains, on the other hand, will be unaffected.
  6. To be eligible to participate in the activities, users must have a confirmed account.
  7. A sub-account cannot be used to register for events. The trading volume of sub-accounts will be added to the parent account’s trading volume.
  8. All associated rules will be strictly enforced by AscendEX. Participants who are found to be breaking AscendEX’s regulations, such as using duplicate or fraudulent accounts, will be kicked out of the events. AscendEX maintains the right to interpret and amend these Terms and Conditions in its sole discretion.


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