This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

Binance Staking has officially launched SAND Locked Staking. Stake your SAND starting from 2022-06-22 at 12:00 (UTC) to obtain up to 14.50% APY.

• Locked Staking Format: First-come, first-served basis.
• Reward Calculation Period: From 00:00 (UTC) on the day after you add your cryptocurrency to a staking pool, until the end of the staking period.
• Reward Payout Time: On a daily basis.

Offered Products (Locked Staking)

Digital Assets	Duration	Max. Locked Staking Limit Per User	Standard Annualized Interest Rate	Min. Locked Staking Limit
SAND	30 days	30,000 SAND	8.50%	1 SAND
SAND	60 days	15,000 SAND	12.00%	1 SAND
SAND	90 days	4,000 SAND	14.50%	1 SAND

Please note:

• Binance Staking will return staked Digital Assets/Digital Currencies to users’ spot wallets at the end of the agreed staking period. The value of Digital Assets/Digital Currencies fluctuates and is subject to change.
• Users can view their Locked Staking assets by going to Wallets > Earn > Locked Staking > Locked.
• Unlock period for Locked Staking products: One day.
• Locked Staking FAQ.
• About early redemption: Users can choose to redeem their assets in advance. After choosing early redemption, the staked Digital Assets will be returned to the spot account, and any distributed rewards will be deducted from staked Digital Assets. It may take 48-72 hours to receive the Digital Assets.

Thanks for your support!

Binance Team

2022-06-22

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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.

Risk Warning: Digital asset prices can be volatile. The value of your investment can go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Locked Staking will return the staked digital assets to users’ spot wallets after the agreed period ends or upon early redemption. You have no right to a reward until it is received by Binance and Binance does not guarantee that you will receive any specific staking reward, or any staking return over time. APY is an estimate of rewards you will earn in cryptocurrency over the selected timeframe. It does not display the actual or predicted APY in any fiat currency. APY is adjusted daily and the estimated rewards may differ from the actual rewards generated.Not financial advice. For more information, see our Terms of Use and Risk Warning.