Ultorex Earn will newly offer SOL (Solana) and ADA (Cardano) with APY (APR) of up to 12.5% through staking and ULT Earn.
With Ultorex Earn, you can earn staking rewards by using the staking service for the crypto assets you own.
Ultorex Earn has been available since its opening on 1/24/2022. Currently, the staking of XCR (APY: 1.77%) and ETH (APR: 1.8 ~ 5%) are offered.
Scheduled Maintenance
2/16/2022 10:00 UTC~
*Will be added after the 2/16/2022 10:00~ maintenance is complete. Date and time are subject to change without notice.
Offered Staking Services
| Cryptocurrency | APY | Min. Staking Amount |
| SOL | 5.9% | 0.01 SOL |
| ADA | 5.0% | 5 ADA |
Offered ULT Earn Services
| Cryptocurrency | Period | APR | Individual Max Limit | Min. Staking Amount |
| SOL | 30 Days | 6.35% | 500 SOL | 0.01 SOL |
| SOL | 60 Days | 8.0% | 50 SOL | 0.01 SOL |
| SOL | 90 Days | 12.5% | 10 SOL | 0.01 SOL |
| ADA | 30 Days | 5.2% | 10,000 ADA | 5 ADA |
| ADA | 60 Days | 6.0% | 300 ADA | 5 ADA |
| ADA | 90 Days | 7.5% | 100 ADA | 5 ADA |
*The APR (APY) shown in Ultorex earn is the assumed payout interest rate. Please note the actual payout rate may slightly vary. Thank you for your understanding.
**ULT Earn APR (APY) is the assumed value stated for each earning period.
***ULT Earn earnings will not be rewarded (fully canceled to 0) if you cancel before the period expiration. Your base cryptocurrency funds will be redeemed for the amount applied within 24 hours.
Timing of reward payments
Staking
- SOL: paid every ~2 days
- ADA: The first reward payment will consist of 5 payments worth of rewards if staked for 25 days or longer. After that, starking rewards will be paid every ~5 days.
*If you unstake before the timing of the initial reward (e.g. 25 days for ADA) and the rewards occurring beyond that, you will not be able to receive the rewards up to that point.
For example:
- If you stake a SOL and unstake it within 48 hours, you will not receive any rewards.
- If you stake ADA and unstake it within 24 days, you will not receive any rewards.
ULT Earn
All ULT Earn rewards are paid with the initial base funds at the end of each 30, 60, or 90 day earn period.
Unstake/Cancel Timing
Staking
- SOL: 2 days after applying for Unstake (up to 48 hours).
- ADA: immediate
ULT Earn
Applied funds will be released back to wallets within 24 hours.
Disclaimers
*Ultorex staking is not a service that guarantees principal funds and staking rewards. Please utilize at your own risk.
**Cryptocurrency trading is very risky. Be careful when making transactions. Ultorex is not responsible for any transaction losses.
Thanks for your support!
Ultorex Team