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 |
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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
Axion is not a bank, depository institution, custodian or fiduciary and all AXN tokens are not insured by any private or governmental insurance plan (including FDIC or SIPC), nor are they covered by any compensation scheme (including FSCS).
Holding, trading or using crypto assets carry significant risks, please carefully read our Disclaimer page. Axion does not provide any financial, legal or tax advice, nor should this website be viewed as an offer or inducement to make any financial decisions. You alone are responsible for any decisions you make.
** The dividend calculator is just an estimate based on current pool size. It is impossible to accurately predict the amount of dividends you will receive over the term of your stake, as it is based on many variables. We cannot hold any responsibility for miscalculations and reserve the right to update the formula used to produce these estimates at any time. wBTC divs are based on the Accelerator selling 100% of the bonus each day, and are therefore not guaranteed.
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