This is a general announcement. The products and services mentioned here may not be available in your region.
Dear Binancers,
Binance Simple Earn is launching POND on Locked Products. Complete registrations for Simple Earn POND Locked Products during the promotion period to receive up to 19.9% in APR rewards.
Promotion period: from 07:00 on 01/09/2024 (BRT) until 06:59 on 01/24/2024 (BRT)
Registration format: on a first-come, first-served basis.
Reward calculation period: from 21:00 (BRT) on the day following the completion of your registration for Locked Products, until the end of the registration period.
Rewards distribution: daily.
Products offered (Blocked Products)
How to begin
Go to [Earn] and search for POND.
Select Duration and sign up with POND to start earning up to 19.9% APR daily!
Subscribe now!
Notes:
Additional APR is only available during the promotion period and will be adjusted to the standard APR when the promotion ends.
Binance reserves the right to adjust APRs at any time after the promotion period without prior notice. Please review the Binance Simple Earn Terms and Conditions before using any product on the Binance Simple Earn platform.
Binance Simple Earn will redeem digital assets/currencies enrolled in Simple Earn Locked Products for Flexible Products at the end of the agreed subscription period. The value of digital assets/currencies fluctuates and is subject to change.
Users can view their subscriptions to Locked Products by going to Wallet > Earn > Simple Earn > Locked.
Users can enable the "Auto-Enroll" function before completing Locked Product sign-ups, which will automatically renew users' existing Locked Product position into a new position of the same duration upon expiration.
Unlock period for Locked Products: one day.
Frequently Asked Questions (FAQ) about Blocked Products.
About early redemption for Simple Earn Locked Products: Users can redeem their assets early. After choosing early redemption, the digital assets will be returned to the spot account and the user will not be entitled to any rewards. Any reward distributed will be deducted from the principal amount returned. It may take 48 to 72 hours for you to receive the digital assets.
There may be discrepancies in the translated version of this original article in English. Please refer to the original version for the most recent or accurate information where discrepancies may arise.
Thank you for your support!
Binance Team
09/01/2024