Spin the Wheel to Receive a Boost to Your Zilliqa APY!

Summer may be wrapping up, but we’re keeping the good times rolling with our Zilliqa Wheel of Fortune. Right now, you can get a staking boost of 50-200% on your new Zilliqa (ZIL) holdings for seven days! 

How can you qualify for this event!?

• First things first! Join the CEX.IO platform and get verified if you are not a user (it takes less than 10 minutes).
• Spin the wheel here to get your seven-day ZIL staking boost! 
• Deposit or purchase ZIL tokens.
• Hold your ZIL on the CEX.IO platform for at least a week to maximize your bonus! 

Event details

We’re running this event from August 22 – September 4. Once this period begins, you can spin the wheel to get a boost for your staking rewards of up to 200%! 

Only ZIL purchases and deposits made from August 22 – September 4 qualify. 

All users with new ZIL holdings are eligible to receive this bonus. Please note, that you must either deposit ZIL or add more to your wallet from trading or purchases. New ZIL holdings must be added after August 22 to qualify for this staking boost. 

Before August ends, you’ll have the chance to spin the ZIL Wheel of Fortune and grant yourself a bonus that will last for seven days! Of course, the benefits of staking don’t stop there. Because staking with CEX.IO is automatic, keeping your ZIL staking in your wallet for the long term will maximize your holdings without you having to interact with it at all! This means more ZIL for you without trading or buying new tokens! 

You can make deposits that will count towards this promotion from August 22 – September 4. The bonus will be sent to your CEX.IO balance as a separate payment within 7 business days after the end of the staking period.

ZIL staking 

When you stake your ZIL with CEX.IO, you could expect potential staking rewards of up to 11% APY. With this Zilliqa Wheel of Fortune promotion, this figure can increase dramatically for the duration of the event. The staking APY boost may range anywhere from 50% to 200%. When you factor this into the standard 11% APY, your effective staking rewards will double for seven days! Rewards could be briefly increased to as much as 33% for seven days.

A bonus for staking is a percentage of the existing staking rate. It is calculated as follows:11% (regular staking reward for ZIL) + 100% of regular staking APY (bonus) = 22% (total staking reward for ZIL.) With a 200% bonus, this could equate to a 33% increase for the week. 

Every week, 0.21% is added to your ZIL holdings (when calculated by the standard 11% APY.) With a 200% bonus, this becomes 0.64% for the week. With 100,000 ZIL staked, you would be rewarded with 640 additional ZIL for the week!

What could be better? You can get into staking or reaffirm your stake in the ground even more!

Staking with CEX.IO

Depending on your staking service provider, the entire process could be much more than you bargained for! Through other providers, you may encounter long lockup periods, less-than-expected returns, technical issues, and a myriad of other problems. CEX.IO understands these complaints from our years of experience in this industry. We aim to be the most simple and reliable staking provider available.

For these reasons, we made it our mission to create the most unrestricted staking environment possible. By simply adding tokens to your CEX.IO wallet, you will automatically enjoy the benefits and potential staking rewards. You are not required to initiate or manage this process at all!

In addition, there are no lockup periods involved. You are free to withdraw your tokens at any time, a stark difference from other providers. From our staking page, you can review all of the tokens we support for staking!

Remember, the excitement kicks off on August 22!