Dear BitMart Users,
We are pleased to announce that ZOE CASH (ZOE) staking will be available on BitMart Staking starting from July 7, 2021. Through BitMart, every user can stake ZOE and earn up to 89%(APY) ZOE rewards.
I. How to Participate
- ZOE Staking is available to BitMart registered users only.
- Deposit at least 4,000 ZOE into your BitMart ZOE wallet.
- The estimated annual yield of up to 89%.
- ZOE Staking will available on BitMart Staking on July 7, 2021.
II. Staking Rewards Calculation
Starting from 2021/07/07, BitMart will begin taking live snapshots of user ZOE balances.
ZOE Staking distribution will be calculated as follows:
ZOE generated by each user = Total ZOE staking rewards received by BitMart * User ZOE holdings ratio.
User ZOE holdings ratio = Average user ZOE holdings / Average total ZOE staked by BitMart.
III. Staking Rewards Distribution
The initial distribution of ZOE staking rewards will be calculated each month, the first session is from 2021/07/07 to 2021/07/31, with the total amount distributed equally to the staking rewards accrued during the period.
ZOE rewards are calculated daily and distributed monthly. Distributions will be completed before the 9th of each month.
Move your coins to BitMart from anywhere and enjoy hassle-free staking rewards.
ATTENTION: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. BitMart will make its best effort to list only high-quality coins, but will not be responsible for your investment losses.
Thank you for supporting BitMart!
July 6, 2021