Binance Staking Launches DODO and MATIC Staking with Up to 54.79% APY

Published on 2021-02-23 08:55

Fellow Binancians,

Binance Staking has launched a new high-yield activity. Stake your DODO and MATIC starting from 2021-02-23 12:00 PM (UTC), to earn up to 54.79% APY.

Locked Staking Format: First-come, first-served basis.
Interest Calculation Period: From 0:00 AM (UTC) on the day after Locked Staking is confirmed to the end of the corresponding product period.
Interest Payout Time: On a daily basis.

Offered Products ( Locked Staking)

Digital Assets	Duration	Max. Locked Staking Limit Per User	Standard Annualized Interest Rate	Min. Locked Staking Limit
DODO	15 days	50 DODO	54.79%	1 DODO
DODO	30 days	10,000 DODO	21.32%	1 DODO
DODO	60 days	10,000 DODO	28.23%	1 DODO
DODO	90 days	10,000 DODO	35.65%	1 DODO
MATIC	30 days	500,000 MATIC	8.78%	50 MATIC
MATIC	60 days	500,000 MATIC	10.23%	50 MATIC
MATIC	90 days	500,000 MATIC	13.96%	50 MATIC

Please note:

Users can view their Locked Staking assets by going to Wallets > Savings > Locked Staking.
The APY is adjusted daily based on the on-chain staking rewards, and the specific APY is subject to the page display on the day.
Unlock period for Locked Staking products: 1 day.
Locked Staking FAQ.
About early redemption: Users can choose to redeem in advance. After choosing early redemption, the principal will be returned to the spot account, and the distributed interest will be deducted from the refunded principal. Due to different global time zones, it takes 48-72 hours to receive the tokens.

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

2021-02-23

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