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DOCK Flexible Products: Enjoy 6.4% Bonus Tiered APR and Earn Additional 800 DOCK!

DOCK Flexible Products: Enjoy 6.4% Bonus Tiered APR and Earn Additional 800 DOCK!

2023-10-17 04:15

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


Fellow Binancians,

Binance Simple Earn is launching two promotions for DOCK on Simple Earn Flexible Products! Complete subscriptions to DOCK on Simple Earn Flexible Products during the Promotion Period to enjoy a Bonus Tiered APR of 6.4% on top of real-time APR and exclusive rewards. 

Promotion 1: Subscribe to DOCK Simple Earn Flexible Products and Enjoy Exclusive APR Rewards

Promotion Period: 2023-10-18 00:00 (UTC) to 2024-04-15 23:59 (UTC)

  • Subscription Format: Complete subscription on a first-come, first-served basis in accordance with the terms below.

  • Reward Payout: 

    • Bonus Tiered APR: Distributed to users’ Spot Wallets on a daily basis.

    • Real-Time APR: Accrued and directly accumulated in users’ Earn Wallets every minute.

 Offered Products (Flexible Products)

Digital Asset

Duration

Standard APR

APR During the Promotion Period

Min. Subscription Limit per User

Max. Subscription Limit per User

DOCK

Flexible

Real-Time APR

Real Time APR 

+ 

6.4% Bonus-Tiered APR (Max. 65,000 DOCK)

1 DOCK

2,464,000 DOCK

Promotion 2: Subscribe to DOCK Flexible Products to Receive an Extra of 800 DOCK!

Promotion Period: 2023-10-18 00:00 (UTC) to 2023-11-08 23:59 (UTC)  

Subscribe at least 1,000 DOCK to DOCK Flexible Products during the Promotion Period to qualify for the Promotion.

All eligible users will be ranked by their total subscription amount to DOCK Flexible Products during the Promotion Period. The top 500 eligible users will each receive 800 DOCK in token vouchers.

Notes:

  • Please refer to Binance Simple Earn Terms & Conditions prior to using any products on the Binance Simple Earn platform.

  • Bonus Tiered APR is offered as an additional reward on top of real-time APR. Upon subscription, Bonus Tiered APR rewards start to accrue the next day starting from 00:00 (UTC). Rewards will start to be distributed the following day after accrual starts between 00:00 (UTC) and 08:00 (UTC) to the user’s Spot Wallet.

  • All users who hold open positions of DOCK Flexible Products will receive both real-time APR and Bonus Tiered APR rewards during the Promotion Period. Once the Promotion ends, users will continue to be entitled to real-time APR rewards. 

  • Bonus Tiered APR rewards are calculated based on the subscribed amounts and are subject to the respective tier limit for each token (i.e., a maximum of 65,000 DOCK per user for DOCK Flexible Products). Please refer to the FAQ for more details.

  • Promotion 2: 

    • The DOCK rewards for Promotion 2 will be allocated in token vouchers to eligible users within three weeks after the Promotion ends. Users will be able to login and redeem their voucher rewards via Profile > Rewards Hub. 

    • All the distributed token vouchers will expire within 14 days after distribution. Eligible users should claim their voucher rewards before the expiration date. Learn how to redeem a token voucher.

  • Users may view their Flexible Products assets by going to Wallets > Earn > Simple Earn > Flexible.

  • Users may enable the “Auto-Subscribe” function before completing subscriptions to Flexible Products, which allows users to automatically subscribe to the corresponding Flexible Products using the same asset from the Spot Wallet.

  • Redemption time for Flexible Products subscriptions: Instant. 

  • 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.

  • Additional promotion terms and conditions can be accessed here.

  • Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

Thanks for your support!

Binance Team

2023-10-17

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. APR is an estimate of rewards you will earn in cryptocurrency over the selected timeframe. It does not display the actual or predicted returns/yield in any fiat currency. APR is adjusted daily and the estimated rewards may differ from the actual rewards generated. Not financial advice. For more information, see our Terms of Use and Risk Warning.