BSW Staking Exclusive: Stake to Share $407,000 in BSW and Receive Up to 107.59% APY in Digital Asset Rewards!

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

Fellow Binancians,

Binance Staking is excited to present an exclusive offer for BSW Locked Staking to celebrate its first anniversary. Stake your BSW from 2022-05-30 01:00 PM (UTC) to earn multiple rewards. 

Promotion 1: Deposit & Stake BSW to Enjoy Up to 107.59% APY* - Share $370,000^ in BSW!

Promotion Period: 2022-05-30 01:00 PM (UTC) to 2022-06-09 12:59 PM (UTC)

• 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.
• Reward Payout Time: On a daily basis.

Offered Products (Locked Staking)

Please note:

• This is an exclusive offer by the BSW team to celebrate its one-year anniversary. The additional APY* enjoyed by users during the promotion period will be adjusted such that rewards are distributed at the standard annualized rate once all $370,000^ in BSW Staking rewards are fully redeemed or the promotion ends, whichever comes first.
• 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.

Promotion 2: New Locked Staking Users to Share $37,000^ in BSW Rewards

Promotion Period: 2022-05-30 01:00 PM (UTC) to 2022-06-09 12:59 PM (UTC)

During the promotion period, the first 6,000 users who participate in Locked Staking for the first time and subscribe to BSW Locked Staking products, will qualify to share $37,000^ in BSW, which is approximately equivalent to 65,000 BSW tokens.

Terms and Conditions:

• The BSW rewards of Promotion 2 will be allocated to recipients’ Binance Wallets within two weeks after the activity ends. Users can see their rewards by selecting Account > Wallet > Distribution.
• Binance reserves the right to disqualify any participants that, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions. 
• Binance reserves the right to cancel or amend the Promotion or Promotion Rules at its sole discretion.

^ Calculated on 2022-05-30, at a 0.57 BSW/USD exchange rate. This rate is subject to change.

* APY calculation is an estimate of rewards you will earn in Digital Assets over the selected timeframe. It does not display the actual or predicted APY in any fiat currency. APY is adjusted daily and the estimated earnings may be different from the actual earnings generated.

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. There may be no recourse for any losses.

Thanks for your support!

Binance Team

2022-05-30

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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.