SDAX SAFE
Last updated
Last updated
The SDAX Safe feature allows users to effectively remove their SDAX tokens from the public market during a specified locking period. In return, users receive a Digital Reward in the form of additional SDAX tokens. This guide outlines the key details and requirements for using SDAX Safe.
Locking SDAX: By choosing to lock your SDAX tokens in the SDAX Safe, you ensure that they are not available for trading on the public market for the duration of the locking period.
Digital Reward: As an incentive for locking your SDAX, you will receive a daily Digital Reward in the form of additional SDAX tokens.
Flexible Withdrawals: You have the flexibility to unlock your SDAX at any time, allowing you to access your tokens when needed. However, please note that premature unlocking results in a 25% penalty.
Competitive APY: The SDAX Safe offers an attractive Annual Percentage Yield (APY) of 20%, allowing you to earn rewards on your locked SDAX.
To qualify for the SDAX Safe Reward, users must meet the following criteria:
Active Platform License: Users must possess an active Platform License.
Minimum SDAX Deposit: A minimum of 100,000 SDAX tokens must be deposited and locked in the SDAX Safe.
Ensure you have an active Platform License.
Deposit a minimum of 100,000 SDAX tokens into the SDAX Safe.
Choose your desired locking period, with a maximum duration of 365 days.
Start earning rewards through the SDAX Safe with a competitive APY.
You can unlock your SDAX tokens at any time, but be aware of the 25% penalty for premature unlocking.
