Stake STX to Earn BTC: Earn 3X with Up to 28.68% APY

Fellow Binancians,

Binance Staking has launched new high-yield STX Locked Staking activities. Stake your STX to earn up to 28.68% APY with BTC as rewards, starting from 2022-01-25 at 12:00 PM (UTC).

Activity 1: Stake STX to Earn 3X APY in BTC, with APY Up to 28.68%
Activity period: 2022-01-25 12:00 PM (UTC) - 2022-02-08 11:59 AM (UTC)

• Locked Staking Format: First-come, first-served basis.
• Interest Calculation Period: From 00:00 AM (UTC) on the day after Locked Staking is confirmed to the end of the corresponding product period.
• Interest Payout Time: Between 00:00 AM - 04:00 AM (UTC) on the next day after the product expires, users’ staked STX and earned BTC will be automatically transferred to users' spot wallets.

Offered Products (Locked Staking)

Please note:

• The limited-time APY offer is valid for the activity period only. When the activity ends, the APY will be adjusted to the standard rates based on the on-chain staking rewards, and the specific APY is subject to the page display on the day. 
• The activity is available on a first-come-first-served basis.
• Users can view their Locked Staking assets by going to Wallets > Earn > Locked Staking > Locked.
• 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.

Activity 2: Buy & Stake STX to Share 5,000 STX

Activity period: 2022-01-25 12:00 PM (UTC) - 2022-02-01 11:59 AM (UTC)

During the promotion period, the first 500 users who spot-trade STX tokens (net purchase amount = purchase amount - sell amount > 300 STX) and participate in 30/60/90 days of  STX Locked Staking are eligible to each receive 10 STX.

Terms and conditions:

• The STX rewards of Activity 2 will be allocated to recipients’ Binance Wallets within two weeks after the activity ends. Users can see their rewards by selecting the Account > Wallet > Distribution.
• Binance reserves the right to disqualify any participants showing signs of fraudulent behavior immediately.
• Binance reserves the right to cancel or amend the Activity or Activity Rules at our sole discretion.

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses.

Thanks for your support!

Binance Team

2022-01-25
 

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Note: This announcement was last updated on 2022-01-27 to adjust the Interest Payout Time.
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.