Dear valued customers,
We will launch Dai Savings Rate (DSR) service at 07:00 Dec 23, 2019 (UTC).
OKEx has partnered with MakerDAO to give back to our users. During the promotion period, users who stake DAI and fulfill the requirements for both promotions can enjoy a special 40% annualized yield at OKEx Pool for 7 days.
Enrollment period: 04:00 Dec 18 - 04:00 Dec 23, 2019 (UTC)
Special rate period: 16:00 Dec 23 – 16:00 Dec 30, 2019 (UTC)
A. New Users’ Bonus
During the enrollment period, newly registered users who have completed KYC2 verification and has a daily holding volume of 10+ DAI are entitled to the DSR special rate.
After DSR is launched, eligible users can transfer their DAI to OKEx Pool and enjoy 40% annualized yield in the 7-day special rate period.
For more details, please refer to OKEx Pool Staking Guide: https://okexsupport.zendesk.com/hc/en-us/articles/360031809232-OKEx-Pool-Staking-Guide
Users can stake a minimum of 10 DAI or a maximum of 2,000 DAI during the 40% annualized yield bonus period. The maximum bonus would be 2,000 * 40% / 365 * 7 = 15.34 DAI.
B. Existing Users’ Bonus
During the staking promotion period, existing users can invite new users to register through their exclusive invitation links to receive bonuses.
For every new user invited, an existing user can get 3 DAI bonus (maximum 3 invitees).
How to invite:
- Go to https://www.okex.com/gather/okPartner/index to find your Level 1 invitation link within the friends referral scheme.
- Ask you friends to register via the link.
- Guide your friends through KYC verifications and DAI depositing or trading, etc.
For example, user A invites new user B during the staking promotion period. After user B registered an account and holds a daily average of 1,000 DAI in his account, user A can get 3 DAI invitation bonus and user B can enjoy DSR 40% annualized yield for 7 days. If user B holds 2,000 DAI daily during the special bonus period, he can get 2,000 * 40% / 365 * 7 = 15.34 DAI bonus after the promotion period ends.
- The daily holding volume during the staking promotion period will be snapshotted daily at a random time. Daily holding = (∑daily snapshot)/ 7.
- New users who are qualified for the special staking bonus need to manually deposit DAI to OKEx Pool DSR to enjoy the 40% annualized yield bonus (40% includes the 5% yield on OKEx).
- The invitation bonus for existing users will be distributed to users’ Funding Accounts within 15 working days after the promotion ends.
- Risk warning: Trading digital assets involves significant risk and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.
Dec 18, 2019