Fellow Binancians,
Binance will be adding support for Kyber Network (KNC) staking starting from 2020/07/15 and will distribute staking rewards denominated in ETH as detailed below:
Monthly KNC Staking Airdrop Program
ETH generated by each user = Total KNC staking rewards received by Binance * User KNC holdings ratio.
Additional 100,000 USD Rewards in KNC
To celebrate the launch of Binance Staking, Kyber will sponsor an additional 100,000 USD worth of KNC in rewards. The rewards will be distributed as an additional bonus pro-rata to users who stake KNC through the first 3 months based on the above calculation, with $33,333.33 in rewards for each period.
Move your coins to Binance from anywhere and enjoy hassle-free staking rewards. Other rewarded coins supported by Binance can be found on the Staking Home Page here.
Thank you for your support!
Binance Team
2020/07/14
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