Summer Stakes

andy
21 July 2022

Summer Stake Promotion

For the next 4 weeks our Sizzling Summer Stake Promotion is open!

All qualifying stakes during this month-long period will get an opportunity to win either a Laptop, iPad or Smart Monitor, as well as the Summer Stake benefits.

Qualifying summer stakes:

Any stake of $150 and over is eligible for Summer Stake benefits when made during the promotional time-frame.

For example
A stake of $150 for at least 120 days - (8% APY - 2% Phoenix NFT - 1 Prize Draw entry)
A stake of $300 for at least 120 days - (8% APY - 3% Phoenix NFT - 2 Prize Draw entries)
A stake of $500 for at least 120 days - (8% APY - 4% Phoenix NFT - 4 Prize Draw entries)

Stake benefits:

- 8% APY
- Free entry into our Summer Stake Prize competition
- Free Phoenix NFT (2-4% future stake bonus - can be combined with Diamond NFTs for 6 months)
- Free Axion Branded Baseball Cap (the first 200 stakers only)

Phoenix NFTs

Phoenix NFTs will provide a 2-4% Axion staking bonus on future staking activity, based on the amount of a single stake during the promotional period.
Phoenix NFTs will be available to use at the end of the Summer Stake competition, and can also be combined with Diamond NFT bonuses for 6 months.

There are three different staking bands offering larger Phoenix NFT bonuses and Prize Draw entries ($150, $300 & $500).

Tiered Phoenix NFTs

Level One: (Standard Phoenix NFT) - $150
2% Phoenix NFT with a bonus towards future Accelerator staking.
1 Entry in the Summer Stake draw.
2% bonus can be combined with Diamond NFT (5%) = 7%

Level Two: (Metalic Silver Phoenix NFT) - $300
3% Phoenix NFT with a bonus towards future Accelerator staking.
2 Entries in the Summer Stake draw.
3% bonus can be combined with Diamond NFT (5%) = 8%

Level Three: (Metalic Gold Phoenix NFT) - $500
4% Phoenix NFT with a bonus towards future Accelerator staking.
4 Entries in the Summer Stake draw.
4% bonus can be combined with Diamond NFT (5%) = 9%

The prize draw will take place at the end of the 4 week promotional staking period and will be conducted via a live-stream with random selections to determine competition winners. The adjudicator's decision will be final.

Random Draw Prizes

1st Prize
HP 15.6" Laptop
2nd Prize
10.2-inch Apple iPad
3rd Prize
Samsung 32-Inch Smart Monitor
HP 15 15.6" HD Touchscreen Premium Laptop 2021 Apple 10.2-inch iPad (Wi-Fi, 64GB) Samsung 32-Inch FHD 1080p Smart Monitor


Terms & Conditions
- All qualifying stakes gain FREE entry into the prize draw
- Prize draw winners cannot win more than one prize
- Axion branded baseball caps are only available for the first 200 stakers
- Only one Axion branded baseball cap per staker
- Phoenix NFTs can be used after the Summer Stakes initiative has ended
- Phoenix and Diamond NFTs can be combined for 6 months (August 22nd 2022 until February 22nd 2023)
- Amazon gift cards could be offered as alternative prizes
- Axion reserves the right to offer alternative prizes of the same value, if products become unavailable
- Summer Stakes will run for 31 days (the end of the initiative will be displayed on the Axion website)
- The Prize Draw will be made on a livestream at the end of the Summer Stake initiative