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Announcement on Launching the "ASC Simple Earn Upgrade to ASC+ANT Dual Token Staking Burn Mining" Campaign

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Written by AllinX
Updated over 2 weeks ago

Dear Nexus Community Users,

To drive the continued implementation of the ASC deflation mechanism and lower the barrier for early staking users to transition to the new mechanism, Nexus will launch the "ASC Simple Earn Upgrade to ASC+ANT Dual Token Staking Burn" special campaign on December 22, 2025 (UTC+0).

Through platform subsidies, we aim to support a smooth migration of product structures, allowing original ASC Simple Earn users to upgrade to the new generation of Dual Token Staking Burn Mining products at no additional cost.

I. Campaign Timeline

  • Application Submission: December 22, 2025 (UTC+0) to January 22, 2026 (UTC+0)

  • Upgrade Execution: Starts from December 29, 2025 (UTC+0)

II. Eligibility

This campaign is exclusively for users currently holding ASC Simple Earn products. Each user may apply for an upgrade one or multiple times based on their existing staking positions.

III. Participation Conditions

To apply for an upgrade, the following two conditions must be met simultaneously:

  1. The user needs to add a position of ANT Simple Earn or ANT Bond product.This new subscription must meet the following criteria: the amount and duration must be exactly the same as the original ASC product.

  2. Once both products meet the conditions, the user can apply via the Ticket System to merge and upgrade them into a Dual Token Staking product.

IV. Upgrade Mechanism

Once the user meets the above conditions and completes the application:

  1. The existing ASC and ANT Simple Earn products will be terminated (earnings generated prior to the upgrade can be claimed normally).

  2. The user will receive a new ASC+ANT Dual Token Staking Burn Mining product.

  3. The ASC portion will be fully burned, while the ANT portion will be redeemable upon maturity.

  4. The platform will destroy the excess tokens (ASC and ANT) generated due to the quantity difference between ASC and ANT.

V. Example

If a user holds a 540-day Simple Earn product of 5,000 ASC and adds a new 540-day Simple Earn product of 5,000 ANT, they can apply to merge and upgrade these into a Dual Token Staking Burn product consisting of "5,000 ANT" + "ASC tokens equivalent in value to 5,000 ANT".

Nexus will continue to optimize mechanisms to support the long-term value construction of the platform's ecosystem tokens, empowering more users to participate in deflationary dividends at a reasonable cost.

Thank you for your understanding and support!

The Nexus Team

December 19, 2025

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