LGCY & Biki Exchange Lock Staking

LGCY NETWORK
2 min readJan 9, 2021

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In December, LGCY Network launched its final Pre Staking campaign before we reach LGCY MainNet however due to a small miscommunication the Unifyre Contract closed slightly earlier than planned and some community members were unable to participate as planned.

We want to ensure that our Community is at the centre of our journey and hold true to the values and ambition that we believe set us apart from the competition.

As promised, the LGCY Network and Biki Exchange teams are proud to provide an additional staking window, at the same APY of 48%.

Biki Exchange Community Staking Program: Extra Round 48%

As our main exchange partner Biki will open a further innovative round of staking exclusively for Biki Clients.

Submission Period: 01/11, 12:00 -01/17, 24:00 (GMT +8)

Lock In Period: 2021/01/18, 00:00–2021/04/18, 24:00 (GMT +8)

Interest Calculation Starts: 01/18, 00:00 (GMT +8)

Staked tokens cannot be withdrawn for the duration of the lock in period.

Activity 1: Lock LGCY and receive USDL at 48% APY

Lock in Token: LGCY

Rebate Token: USDL

Total Lock in Quota: 2,000,000,000 LGCY

Lock in duration: 90 days

Annualised Yield: 48%

Min. Qty: 500,000 LGCY

KYC: Not Required

Activity 2: Lock USDL and receive USDL at 48% APY

Lock in Token: USDL

Rebate Token: USDL

Total Lock-In Quota: 250,000 USDL

Lock in duration: 90 days

Annualised Yield: 48%

Min. Qty: 100 USDL

KYC: Not Required

Important Notes

  1. During the lock-in period, the locked assets are not allowed for trading, withdrawal and early unlocking.
  2. The interest will be released with principal upon expiry
  3. Release time for principal and interest: Not later than 2021/04/25
  4. To check your earnings: Biki Staking > My POS Record > POS locked
  5. The interpretation rights of this activity will be at the sole discretion of Biki Platform.

We would like to take this opportunity to wish all of the LGCY Community all of our best wishes for 2021, and we look forward to delivering our vision together to deliver the Worlds Most truly decentralised blockchain network.

About LGCY Network

LGCY Network is a DPoS, open-source blockchain protocol with industry-leading transaction speed and flexible utility. Running on the Libertas Protocol, LGCY Network aims to be the most decentralized dApp blockchain in the world.

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LGCY NETWORK

LGCY Network is a DPoS, open-source blockchain protocol with industry-leading transaction speed and flexible utility. https://lgcy.network