Tier | BETH Accumulated During the Activity Period* | Standard APR for ETH 2.0 Staking** | Tiered ETH 2.0 Staking APR Boost | |
1 | 600 | 4.3% - 11.2% | 0.3% | 0.5% |
2 | 2,000 | 0.5% | 1% | |
3 | 3,500 | 1% | 1.5% | |
4 | 6,000 | 1.5% | 2.5% |
- BETH Accumulated During the Activity Period* =
(Daily Average BETH balances in Spot Wallet During Activity Period) - (BETH balances in Spot Wallet as at 2023-02-02 07:00 UTC) - ETH 2.0 Staking APR Boost Rewards (in BETH) =
(BETH Accumulated During the Activity Period * Average Standard APR for ETH 2.0 Staking During Activity Period) * Tiered ETH 2.0 Staking APR Boost - Therefore, the Overall ETH 2.0 Staking Rewards (in BETH) for each qualified user during the Activity Period =
(Cumulative Daily ETH 2.0 Staking Rewards for All BETH Holdings During Activity Period) + (ETH 2.0 Staking APR Boost Rewards)
- ETH 2.0 Staking APR Boost Rewards will be calculated and distributed in the form of BETH to users’ Spot Wallets within two weeks after the Activity ends, while standard ETH 2.0 Staking rewards will continue to be distributed daily.
- The APR for ETH 2.0 Staking is dynamic, following the on-chain mainnet staking rewards. The standard APR range** for ETH 2.0 Staking is based on the historical data for the past three months, and should not be used as a prediction for future APR.
- Users may obtain BETH tokens on Binance via one of the following ways:
- Option 1: Go to the ETH 2.0 Staking page and select “Stake Now”. Enter the ETH amount, click “Confirm”, and receive BETH in your Spot wallet.
- Option 2: Purchase BETH from the ETH/BETH liquidity pool using ETH on Binance Swap Farming.
- Option 3: Purchase BETH by completing trades on the BETH/ETH and BETH/BUSD trading pairs at Binance Spot.
- Users are now able to collateralize BETH to borrow other assets on VIP Loan while earning ETH 2.0 Staking rewards. Previously, users will receive ETH 2.0 Staking rewards only if their BETH is in the Spot Wallet.
- All users must complete account verification to be eligible for rewards.
- This promotion is subject to the Terms and Conditions for Prize Promotions.
- Eligible users may participate in multiple Promotions and qualify for more than one reward in this Activity.
- Promotion A:
- Users who have already been participating in other BETH promotions will not be eligible for Promotion A, where applicable.
- ETH 2.0 Staking APR Boost Rewards will be calculated and distributed in the form of BETH to users’ Spot Wallets within two weeks after the end of the Activity Period, while standard ETH 2.0 Staking rewards will continue to be distributed daily.
- Promotion B:
- Binance will announce the list of winners for Promotion B in a separate announcement within 14 days after the Activity ends.
- VIP Upgrade Vouchers will be distributed within two weeks after the Activity ends. The voucher redemption period will be 14 calendar days from the day of distribution. Learn how to redeem a VIP Upgrade Voucher.
- VIP Upgrade Vouchers cannot be combined with other VIP benefits that have already taken effect.
- VIP Upgrade Vouchers are applicable to regular users and VIP 1-2 users. The highest VIP level that can be obtained by redeeming a VIP Upgrade Voucher will be VIP 3. Users who successfully redeem and activate the VIP Upgrade Voucher can enjoy the corresponding VIP benefits for 30 days.
- Bonus Activity:
- Binance VIP will evaluate the depth and relevancy of the replies by all eligible users on the Activity tweet, and select ten eligible winners to each receive a Binance Skateboard.
- @BinanceVIP will contact the winners via Twitter to arrange for the delivery of rewards within two weeks after the Activity ends. If a winner fails to reply within 48 hours of the reward notification, he/she will be deemed to forfeit the reward.
- Winners should provide a valid shipping address, and will be responsible for any taxes if applicable.
- Please visit Binance Institutional to check your current VIP level.
- To learn more about becoming a Binance VIP, please refer to this link.
- Binance reserves the right to cancel or amend any Activity or Activity Rules at its sole discretion.
- Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.