You needn’t wish upon a star to grow your Cosmos staking rewards. There’s another, much more convenient way to boost your ATOM yield. It’s called the Cosmos Big Six.
Have you started staking ATOM yet? If you haven’t, now is the time. From October 3 to October 16, 2022, you’ll have an opportunity to increase your ATOM staking rewards. In addition to the regular 10% APY, you will receive a bonus: from a minimum of 50%, up to an astonishing 200% yield.
Sound interesting? This is how you can participate:
- Spin the Cosmos Big Six (link to the page). You will receive a seven-day boost for your ATOM staking reward.
- Purchase or deposit new ATOM.
- Hold ATOM in your balance for a minimum of seven days to increase your bonus.
Promo details
To participate in any game, it’s essential you know the rules. Here’s what you need to know about Cosmos Big Six:
1. The promotion lasts from October 3 until October 16, 2022. The moment the promo starts, you’ll have a chance to spin the wheel and increase your ATOM staking rewards by up to 200%.
2. There are no restrictions on how many times you can deposit ATOM during the promo period. But you can’t spin the wheel more than once.
3. Only verified CEX.IO customers are eligible for the promo. If you haven’t registered or verified your CEX.IO account, you won’t be able to participate. Therefore, wait no more and hurry to verify your account!
4. The promotion applies to purchases and deposits made during the promo period (October 3-October 16). Old ATOM holdings will not qualify. Hence, you have to buy or deposit new ATOM from October 3 until October 16, 2022, in order to participate in the Cosmos Big Six promo.
5. Both newly verified and existing CEX.IO customers may take part in the promo. However, do remember that only new ATOM stakes qualify.
Let’s say that you had 2,000 ATOM in your account before spinning the Cosmos Big Six. You spin the wheel and receive the bonus percentage. Afterward, you buy an additional 1,000 ATOM. The bonus will apply to the extra ATOM you purchased after you spun the Bix Six.
In order to commence automated staking, you need to have a minimum of 1 ATOM in your balance. You can increase your rewards by staking more than the required minimum, and they are directly proportional to the amount of crypto staked and the staking period. The more you stake, the bigger the rewards.
CEX.IO users who are fully verified can spin the Cosmos Big Six any time starting from October 3, until October 16, 2022. After you spin it, you will receive a bonus in the 50%-200% range, which will be sent separately from the primary staking reward. The new bonus will apply for 7 days following the purchase or deposit of new ATOM.
ATOM Staking
When you stake ATOM with CEX.IO, you can typically yield rewards of up to 10% APY. But the Cosmos Big Six gives you a chance to boost your ATOM staking APY by up to 200%. In a single week, your 10% APY reward may more than double with the bonus.
Any bonus you receive during the Cosmos Big Six promo will be a percentage of your current ATOM stake. Therefore, the rewards will be calculated in the following way:
10% regular ATOM staking reward + 100% of the regular staking APY (bonus) = 20% (overall ATOM staking reward).
Hence, obtaining a 200% bonus will earn you a 30% APY for the promo week.
Wait no more — spin the Cosmos Big Six to launch your stakes into space!
