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Binance Staking to Delist ARK, GXS, LOOM & NAV

2021-06-11 09:36
Fellow Binancians,
Binance Staking will delist ARK, GXS, LOOM and NAV at 2021-06-11 12:00 PM (UTC).
The following factors are taken into consideration to determine if a Staking product shall be delisted:
  • The number of holders of the asset on Binance;
  • The number of users staking the asset on Binance;
  • The Total Locked Value (TLV) of the asset
  • The Locked Staking page will no longer display ARK, GXS, LOOM and NAV after this announcement is released.
  • Interest calculation will stop at 2021-06-20 3:59 PM (UTC), and the staking interest will be paid without being impacted.
  • Users can view their Locked Staking assets by going to Wallets > Earn > Locked Staking > Locked.
  • Asset arrival time: 2021-06-21 3:00 PM (UTC). After the asset is cleared by Binance Staking, the corresponding asset and interest will be returned to the users' spot wallets.
  • The update will only affect Locked Staking services of the delisted asset(s). Users can continue to spot trade the asset(s) or use other related services on Binance.
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
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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 reason without prior notice.
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