You needn’t want upon a star to develop your Cosmos staking rewards. There’s one other, far more handy approach to enhance your ATOM yield. It’s known as the Cosmos Huge Six.
Have you ever began staking ATOM but? When you haven’t, now could be the time. From October 3 to October 16, 2022, you’ll have a possibility to extend your ATOM staking rewards. Along with the common 10% APY, you’ll obtain a bonus: from a minimal of fifty%, as much as an astonishing 200% yield.
Sound attention-grabbing? That is how one can take part:
- Spin the Cosmos Huge Six (hyperlink to the web page). You’ll obtain a seven-day enhance to your ATOM staking reward.
- Buy or deposit new ATOM.
- Maintain ATOM in your steadiness for at least seven days to extend your bonus.
To take part in any recreation, it’s important you understand the principles. Right here’s what you’ll want to find out about Cosmos Huge Six:
1. The promotion lasts from October 3 till October 16, 2022. The second the promo begins, you’ll have an opportunity to spin the wheel and improve your ATOM staking rewards by as much as 200%.
2. There aren’t any restrictions on what number of instances you may deposit ATOM throughout the promo interval. However you may’t spin the wheel greater than as soon as.
3. Solely verified CEX.IO clients are eligible for the promo. When you haven’t registered or verified your CEX.IO account, you received’t have the ability to take part. Subsequently, wait no extra and hurry to confirm your account!
4. The promotion applies to purchases and deposits made throughout the promo interval (October 3-October 16). Previous ATOM holdings is not going to qualify. Therefore, it’s a must to purchase or deposit new ATOM from October 3 till October 16, 2022, as a way to take part within the Cosmos Huge Six promo.
5. Each newly verified and present CEX.IO clients could participate within the promo. Nevertheless, do do not forget that solely new ATOM stakes qualify.
Let’s say that you simply had 2,000 ATOM in your account earlier than spinning the Cosmos Huge Six. You spin the wheel and obtain the bonus proportion. Afterward, you purchase an extra 1,000 ATOM. The bonus will apply to the additional ATOM you bought after you spun the Bix Six.
So as to start automated staking, you’ll want to have a minimal of 1 ATOM in your steadiness. You’ll be able to improve your rewards by staking greater than the required minimal, and they’re immediately proportional to the quantity of crypto staked and the staking interval. The extra you stake, the larger the rewards.
CEX.IO customers who’re absolutely verified can spin the Cosmos Huge Six any time ranging from October 3, till October 16, 2022. After you spin it, you’ll obtain a bonus within the 50%-200% vary, which will likely be despatched individually from the first staking reward. The brand new bonus will apply for 7 days following the acquisition or deposit of latest ATOM.
Whenever you stake ATOM with CEX.IO, you may usually yield rewards of as much as 10% APY. However the Cosmos Huge Six offers you an opportunity to spice up your ATOM staking APY by as much as 200%. In a single week, your 10% APY reward could greater than double with the bonus.
Any bonus you obtain throughout the Cosmos Huge Six promo will likely be a proportion of your present ATOM stake. Subsequently, the rewards will likely be calculated within the following manner:
10% common ATOM staking reward + 100% of the common staking APY (bonus) = 20% (general ATOM staking reward).
Therefore, acquiring a 200% bonus will earn you a 30% APY for the promo week.
Wait no extra — spin the Cosmos Huge Six to launch your stakes into area!