[08-13]Bitroom.io Will Launch BNB Soft Staking ServiceDear Bitroom.io Community:
We are pleased to announce that Bitroom.io will launch staking service.
To maximize the benefits for our users, Bitroom.io has launched BNB Soft Staking Program.
What is soft staking?Soft taking means that users can earn interests by holding unlocked tokens. Users can trade freely on the Bitroom.io platform, deposit and withdraw anytime . Soft staking interest is settled daily, that is, the interest is paid by Bitroom.io directly to the user's personal assets balance.
How to participate? Users deposit BNB into their personal Bitroom.io account can be share the staking interest. Soft taking means that the users can earn interest on deposits by holding tokens in an“unlocked position”way with daily settlement of interest, and the users can trade freely on the Bitroom.io platform, deposit and withdraw anytime.
The rules of soft staking: Time: 12:00 16th Aug. -- 12:00 16th Sep.（Hong Kong Time）
Staking rewards are calculated in APR 12%
User’s daily BNB rewards = user’s BNB balance *APR/365
Total staking pool: 1,000 BNB. First come, first service
Bitroom.io will randomly take a snapshot of BNB asset balances daily. Those who meet the conditions ( position ≥ 20 BNB per day) can divide the Staking reward; For individuals with more than 1000 BNB positions, the position quota is calculated by 1000BNB.
Staking distribute: staking reward every single day on 1pm. (Hong Kong Time)
For more info please check at bitroom.io Thanks for your support
Bitroom.io Team
08/13/2019
Bitroom.io twitter: https://twitter.com/room_bit
Official telegram: https://t.me/bitroom_english
