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Promo particulars
Earlier than you are taking your flip on the wheel, there are a number of guidelines to bear in mind:
The promo lasts from September 19 till October 2, 2022. As quickly because the promotion begins, you’ll have the ability to spin the wheel and enhance your DOT staking rewards by as much as 200%.
Chances are you’ll take part any time you want throughout this era. Nevertheless, you’ll be able to spin the wheel solely as soon as.
When you haven’t registered at CEX.IO or verified your account, please achieve this. Solely absolutely verified customers will likely be eligible to take part within the promo.
Solely DOT purchases and deposits made out of September 12 to October 2 qualify for enhanced rewards. Due to this fact, it’s worthwhile to purchase or deposit new DOT tokens throughout the promo interval to take part. Previous holdings is not going to be honored.
Each current and newly verified clients are eligible to affix the promo. However keep in mind that solely new DOT stakes qualify.
Suppose you might have been holding 1,000 DOT in your steadiness earlier than spinning the wheel. After you spin the wheel and obtain your bonus share, you then buy an additional 500 DOT. The bonus would solely apply to the extra 500 DOT you obtain after you spun the wheel.
To provoke automated staking, you have to have at the least 1 DOT in your steadiness. In fact, you’ll be able to maximize your rewards by staking greater than that quantity. The rewards are proportional to the variety of cash staked, in addition to the staking interval. The extra and the longer you stake, the larger the rewards.
Absolutely verified customers can spin the Polkadot Flip of Fortune any time from September 19 till October 2, 2022. Upon spinning the wheel, you’ll obtain a randomized bonus within the 50%-200% vary. That bonus will likely be added to your staking rewards and final for 7 days beginning if you deposit or buy new DOT.
DOT Staking
On an everyday day, staking DOT with CEX.IO can earn rewards of as much as 10% APY. Nevertheless, the Polkadot Flip of Fortune promo has the potential to dramatically enhance your DOT staking APY. The extra APY bonus may land anyplace between 50% to 200%. While you add the bonus to your customary staking 10% APY, your reward could greater than double for the week.
Any bonuses given out throughout the promo will likely be a share of the present DOT staking fee. As such, rewards will likely be calculated as follows:
10% common DOT staking reward + 100% of the common staking APY (bonus) = 20% (general DOT staking reward).
Due to this fact, a 200% bonus would end in a 30% enhance for the week.
Don’t hesitate — spin the Polkadot Flip of Fortune to floor your stakes!
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