Dear BitMart Users,
We are pleased to announce that iZOBi Token (IZOBI) staking will be available on BitMart Staking starting from October 1, 2021. Through BitMart, every user can stake IZOBI and earn up to 20%(APY) IZOBI rewards.
I. How to Participate
- IZOBI Staking is available to BitMart registered users only.
- Deposit at least 1,000 IZOBI into your BitMart IZOBI wallet.
- The estimated annual yield of up to 20%.
- IZOBI Staking will available on BitMart Staking on October 1, 2021.
II. Staking Rewards Calculation
Starting from 2021/10/01, BitMart will begin taking live snapshots of user IZOBI balances.
IZOBI Staking distribution will be calculated as follows:
IZOBI generated by each user = Total IZOBI staking rewards received by BitMart * User IZOBI holdings ratio.
User IZOBI holdings ratio = Average user IZOBI holdings / Average total IZOBI staked by BitMart.
III. Staking Rewards Distribution
The initial distribution of IZOBI staking rewards will be calculated each month, the first session is from 2021/10/01 to 2021/10/30, with the total amount distributed equally to the staking rewards accrued during the period.
IZOBI 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!
September 17, 2021