Fellow Binancians,
Binance Staking has officially launched a series of new high-yield DEXE Locked Staking activities. Deposit and stake your DEXE starting from 2021-08-05 at 12:00 PM (UTC) to earn multiple rewards.
Activity 1: Deposit & Stake DEXE for 15, 30, 60, or 90 Days, Enjoy Up to 46.20% APY
- Locked Staking Format: First-come, first-served basis.
- Interest Calculation Period: From 00:00 AM (UTC) on the day after Locked Staking is confirmed to the end of the corresponding product period.
- Interest Payout Time: On a daily basis.
| Digital Assets | Duration | Max. Locked Staking Limit Per User | Standard Annualized Interest Rate | Min. Locked Staking Limit |
DEXE | 15 days | 20 DEXE | 46.20% | 5 DEXE |
DEXE | 30 days | 2,000 DEXE | 14.70% | 5 DEXE |
DEXE | 60 days | 1,000 DEXE | 18.55% | 5 DEXE |
DEXE | 90 days | 500 DEXE | 25.66% | 5 DEXE |
Please note:
- Users can view their Locked Staking assets by going to Wallets > Earn > Locked Staking > Locked.
- The APY is adjusted daily based on the on-chain staking rewards and the specific APY is subject to the page display on the day.
- Unlock period for Locked Staking products: 1 day.
- Locked Staking FAQ.
- About early redemption: Users can choose to redeem in advance. After choosing early redemption, the principal will be returned to the spot account, and the distributed interest will be deducted from the refunded principal. Due to different global time zones, it takes 48-72 hours to receive the tokens.
Activity 2: New Locked Staking Users to Share 15,000 BUSD
Promo Period: 2021-08-05 12:00 PM (UTC) - 2021-08-12 11:59 AM (UTC)
The first 500 users who participate in Locked Staking for the first time and subscribe to DEXE Staking during the promotion period are eligible to share 15,000 BUSD:
Sort by DEXE Staking Subscription Time | Reward Amount for Every Eligible User |
1st -100th Places | 50 BUSD |
101st - 200th Places | 40 BUSD |
201st - 300th Places | 30 BUSD |
301st - 400th Places | 20 BUSD |
401st - 500th Places | 10 BUSD |
Activity 3: Deposit & Stake Your DEXE to Share 15,000 BUSD Worth of DEXE
Promo Period: 2021-08-05 12:00 PM (UTC) - 2021-08-12 11:59 AM (UTC)
The first 500 existing Locked Staking users (who had used Locked Staking before 2021-08-05 12:00 PM (UTC) ) to subscribe to the 30-day, 60-day, or 90-day DEXE staking products during the promo period, are eligible to each receive 30 BUSD equivalent in DEXE.
Terms and conditions:
- The BUSD and DEXE rewards of Activity 2 and Activity 3 will be allocated to recipients’ Binance Wallets within two weeks after the promotion ends. Users can see their rewards by selecting the Account > Wallet > Distribution.
- The real-time DEXE/BUSD price on Binance at the time of distribution will be used in distributing DEXE rewards.
- The 15-day DEXE Locked Staking is a high-yield activity, therefore it is not included in Activity 3.
- Binance reserves the right to disqualify any participants showing signs of fraudulent behavior immediately.
- Binance reserves the right to cancel or amend the Promotion or Promotion Rules at our sole discretion.
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
2021-08-05
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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 reasons without prior notice.