Dear BitMart Users,
We are pleased to announce that Sappchat (APP) Staking will be available on BitMart Staking starting from November 10th, 2021. Through BitMart, every user can stake APP and earn up to 35% rewards on a monthly basis.
I. How to Participate
- APP Staking is available to BitMart registered users only. (Register Now)
- Deposit at least 10,000 APP into your BitMart APP wallet.
- Hold your APP for at least one month to get your first reward.
- Estimated annual yield of up to 35%.
II. Staking Rewards Calculation
APP staking distribution is calculated as follows:
- APP generated by each user = Total APP staking rewards received by BitMart * User's APP holdings ratio.
- User's APP holdings ratio = User's APP holdings / Total APP staked by BitMart.
III. Staking Rewards Distribution
APP rewards are calculated daily and distributed monthly. Distributions will be completed before the 9th of each month.
For example, if User A stakes at least 10,000 APP on June 1, 2021, he/she can expect the first monthly staking rewards to be calculated based on the average daily holdings from June 1, 2021 to June 31, 2021, and distributed no later than July 9, 2021.
There will be a new round of the staking rewards calculation on the 1st day of each month.
IV. About Sappchat (APP)
SappChat is the world’s first Decentralized Messaging App with integrated Decentralized Banking powered by Blockchain and Artificial Intelligence Technology. Its mission is in connecting people around the world personally, financially, privately, and securely.
Sappchat offers a complete, safe, and private ecosystem for mobile communications and operations. Sappchat fully implements Blockchain technology and its bullet-proof encryption to ensure the complete privacy of users. Hence, SappChat application was built as a game-changer in the use of mobile messaging and financial operations for users.
- Token Name: Sappchat
- Token Symbol: APP
- Total Supply: 1,000,000,000 APP
- Token Type: BEP20
- Official Website: https://sappchat.com/
- Explorer: https://bscscan.com/address/0x097f8ae21e81d4f248a2e2d18543c6b3cc0d8e59
- Twitter: https://twitter.com/SappChatApp
- Telegram Group: https://t.me/sappchat
- Telegram Channel: https://t.me/sappchatchannel
- Medium: https://sappchatapp.medium.com/
ATTENTION: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. BitMart will make its best effort to list only high-quality coins, but will not be responsible for your investment losses.
Thank you for supporting BitMart!
Nov 8, 2021