Distribution of GAS & VTHO for October 2020

Fellow Binancians,

Binance completed the distribution of GAS and VTHO for October 2020. 350,788.135345720 GAS with a reference APY 0.6403%, and 209,631,712.029426 VTHO with a reference APY 0.9425% have been distributed. Users can check in the Wallet-Transaction History-Distribution section.

Binance will keep distributing the rewards of GAS and VTHO for November 2020. 

Please note, starting from 2020/12/01 0:00 AM (UTC), users can only get rewards of GAS and VTHO after subscribing to NEO and VET Binance Flexible Savings products. 

After the adjustment, the amount of daily distributions obtained by the user = the cumulative amount of tokens received by Binance each day * the proportion of user participation (i.e. the amount of individual user depositing in Flexible Savings/ total Binance Flexible Savings amount)

Note:

• GAS and VTHO rewards of November will be distributed by 2020/12/20.
• Starting from 2020/12/01 0:00 AM (UTC), users who subscribe to NEO and VET Flexible Savings products will receive interest as well as GAS and VTHO rewards. If the users don't subscribe, they will no longer receive GAS and VTHO rewards.
• If users subscribe to Flexible Savings between 2020/12/01 0:00 AM (UTC) and 2020/12/15 0:00 AM (UTC), they can receive NEO and VET Flexible Savings interest on a daily basis while GAS and VTHO rewards will be distributed on 2020/12/15. If users subscribe to Flexible Savings after 2020/12/15 0:00 AM (UTC), the Flexible Savings interest of NEO and VET, as well as GAS and VTHO rewards will be distributed together on a daily basis.

Thanks for your support!

Binance Team

2020/11/24

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