7. Ascend DEX
Average Price & Qualified Balance
Average Price is the minimum sell order price set on Ascend DEX, determined by Buy&Stake (Ascend DEX/Uniswap) and Airdrop.
Qualified Balance is the amount of tokens staked via Buy & Stake (Ascend DEX/Uniswap) and Airdrop
Sell
Only newly registered accounts from November 15, 2024, are eligible to create Sell orders on Ascend DEX.
Each Sell order has a cooldown of 24h
Each Sell order can only execute with a maximum token amount equal to 1% of the Qualified Balance
Sell orders can be placed between the Average Price and up to 200% of the Average Price, but no more than 10% higher than the lowest current market price.
Accounts currently compounding are not eligible to place Sell orders on Ascend DEX.
Buy & Stake
Any accounts can Buy&Stake on Ascend DEX
10% Sell fee on Ascend DEX will be distributed daily to users that successfully Buy&Stake on Ascend DEX according to the βSharesβ
Shares
Every Buy & Stake order on Ascend DEX will add Shares to the account
Total Buy & Stake and % Bonus
1,000 USDT β <5,000 USDT: 10% Shares bonus (Total 110%)
5,000 USDT β <10,000 USDT: 20% Shares bonus (Total 120%)
10,000 USDT β <20,000 USDT: 50% Shares bonus (Total 150%)
>20,000 USDT: 100% Shares bonus (Total 200%)
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