Dear OKX Users,
We're excited to announce that CFX Simple Earn products will officially launch on April 27, 2023, at 11:00 HKT. With this new feature, you can effortlessly stake your CFX tokens in locked positions to generate passive income.
Product Details
| Staking Asset | Duration | Total Subscription Limit | Minimum Purchase per User | Maximum Purchase per User | Estimated APR |
|---|---|---|---|---|---|
| CFX | 3 days | 8,000,000 CFX | 0.01 CFX | 160,000 CFX | 4.84% |
| CFX | 30 days | 6,000,000 CFX | 0.01 CFX | 90,000 CFX | 9.69% |
| CFX | 60 days | 4,000,000 CFX | 0.01 CFX | 40,000 CFX | 11.64% |
| CFX | 90 days | 2,000,000 CFX | 0.01 CFX | 10,000 CFX | 13.60% |
| CFX | 120 days | 1,000,000 CFX | 0.01 CFX | 2,500 CFX | 15.55% |
How to Participate
- Web: Navigate to Financial Services > Earn, then search for CFX.
- App: Go to Finance > Earn, then search for CFX.
Why Choose OKX Earn?
- Flexible Terms: Choose lock-up periods ranging from 3 to 120 days.
- Competitive APRs: Earn up to 15.55% annually on long-term staking.
- Low Barriers: Participate with as little as 0.01 CFX.
FAQs
What is CFX Simple Earn?
CFX Simple Earn allows users to stake CFX tokens in fixed-term deposits to earn interest. Your assets remain locked until maturity, after which both principal and rewards are released.
How are rewards calculated?
Rewards are based on the staked amount, duration, and APR. For example, staking 10,000 CFX for 90 days at 13.60% APR yields approximately 34 CFX.
Can I unstake early?
No, CFX Simple Earn requires assets to remain locked until the term ends. Early unstaking is not permitted.
👉 Explore more crypto earning opportunities
Final Notes
OKX remains committed to delivering innovative financial products and exceptional user experiences. Stay tuned for further updates!
OKX Team