Binance Staking to Delist ARK, GXS, LOOM & NAV

Fellow Binancians,

Binance Staking will delist ARK, GXS, LOOM and NAV at 2021-06-11 12:00 PM (UTC).

The following factors are taken into consideration to determine if a Staking product shall be delisted:

• The number of holders of the asset on Binance;
• The number of users staking the asset on Binance;
• The Total Locked Value (TLV) of the asset

Note: 

• The Locked Staking page will no longer display ARK, GXS, LOOM and NAV after this announcement is released.
• Interest calculation will stop at 2021-06-20 3:59 PM (UTC), and the staking interest will be paid without being impacted.
• Users can view their Locked Staking assets by going to Wallets > Earn > Locked Staking > Locked.
• Asset arrival time: 2021-06-21 3:00 PM (UTC). After the asset is cleared by Binance Staking, the corresponding asset and interest will be returned to the users' spot wallets.
• The update will only affect Locked Staking services of the delisted asset(s). Users can continue to spot trade the asset(s) or use other related services on Binance.   

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make the best efforts to choose high-quality coins, but will not be responsible for your trading losses. 
Thanks for your support!

Binance Team

2021-06-11

Trade on-the-go with Binance’s crypto trading app (iOS/Android)

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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.