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Earn Up to 20% APY on RIF, VITE, ARPA and BEL with Binance Savings
Earn Up to 20% APY on RIF, VITE, ARPA and BEL with Binance Savings
2021-07-08 07:22
Fellow Binancians,
Binance has added RIF, VITE, ARPA and BEL to the list of supported assets on Savings, a value-added service to Binance users who hold idle digital assets.
- Subscription Format: First-come, first-served basis.
- Subscription Period: From 2021-07-08 12:00 PM (UTC) to 2021-07-09 12:00 PM (UTC).
- Interest Calculation Period: 2021-07-09 12:00 PM (UTC) to the end of the corresponding product period.
Digital Asset | Term to Maturity | Total Cap | Individual Cap | Annualized Interest Rate | Lot Size | Interest Per Lot at Maturity |
RIF | 28 days | 5,000,000 RIF | 250,000 RIF | 20% | 100 RIF | 1.5342 RIF |
VITE | 30 days | 7,000,000 VITE | 350,000 VITE | 15% | 100 VITE | 1.2328 VITE |
ARPA | 15 days | 10,000,000 ARPA | 500,000 ARPA | 16% | 100 ARPA | 0.6575 ARPA |
BEL | 15 days | 300,000 BEL | 15,000 BEL | 18% | 10 BEL | 0.0740 BEL |
Note:
- 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.
- Please refer to Binance Terms of Use prior to using any products on the Binance Savings platform.
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.
Thanks for your support!
Binance Team
2021-07-08
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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.