Dear BitMart Users,
We are pleased to announce that Manaio (MNI) staking will be available on BitMart Staking starting from September 1, 2021. Through BitMart, every user can stake MNI and earn up to 20%(APY) MNI rewards.
I. How to Participate
- MNI Staking is available to BitMart registered users only.
- Deposit at least 20,000 MNI into your BitMart MNI wallet.
- The estimated annual yield of up to 20%.
- MNI Staking will available on BitMart Staking on September 1, 2021.
II. Staking Rewards Calculation
Starting from 2021/09/01, BitMart will begin taking live snapshots of user MNI balances.
MNI Staking distribution will be calculated as follows:
MNI generated by each user = Total MNI staking rewards received by BitMart * User MNI holdings ratio.
User MNI holdings ratio = Average user MNI holdings / Average total MNI staked by BitMart.
III. Staking Rewards Distribution
The initial distribution of MNI staking rewards will be calculated each month, the first session is from 2021/09/01 to 2021/09/30, with the total amount distributed equally to the staking rewards accrued during the period.
MNI 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!
August 20, 2021