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ZIL Added to Savings Products on Binance

Binance
2020-07-03 11:48

Fellow Binancians,

Binance has added ZIL to the list of supported assets on Savings, a value-added service to Binance users who hold idle digital assets.

Savings Activity Product Details (Subscribe now)

  • Subscription Format: First-come-first-served basis.
  • Subscription Period: From 2020/07/03 12:00  PM (UTC) to 2020/07/04 12:00  PM (UTC).
  • Interest Calculation Period: 2020/07/03 12:00 PM (UTC) to the end of each respective product period.

Digital Asset

Term to Maturity

Total Cap

Individual Cap

Annualized Interest Rate

Lot Size

Interest Per Lot at Maturity

ZIL

7 Days

37,000,000 ZIL

25,000 ZIL

5%

5,000 ZIL

4.794521 ZIL

ZIL

14 Days

24,625,000 ZIL

25,000 ZIL

7.5%

5,000 ZIL

14.383562 ZIL

ZIL

30 Days

18,475,000 ZIL

25,000 ZIL

10%

5,000 ZIL

41.095890 ZIL

             

Note:

 

  • Amounts subscribed to Binance Savings products will not be able to receive corresponding staking rewards.
  • Subscriptions will close on a certain product once the maximum limit is reached.
  • Binance Savings will make adjustments to the types of supported assets, interest rates, individual limits and total subscription limits based on market conditions and our internal risk management.

 

Thanks for your support!

Binance Team

2020/07/03

 

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