Binance DeFi Staking Adds Support for LTC & XRP, With Up to 1.40% Rewards Rates
This is a general announcement. Products and services referred to here may not be available in your region.
Binance DeFi Staking has officially launched LTC DeFi Staking and XRP DeFi Staking. Stake your LTC and XRP from 2022-08-03 12:00 (UTC) to earn up to 1.40% APR.
- DeFi Staking Format: First-come, first-served basis.
- Reward Calculation Period: From 00:00 (UTC) on the day after you add your cryptocurrency to a DeFi staking pool, until the end of the staking period. The minimum calculation period is one day; funds staked for less than one day will not be counted in reward distribution.
- Reward Payout Time: On a daily basis.
Offered Products (DeFi Staking)
Max. DeFi Staking Limit Per User
Standard Annualized Interest Rate
Min. DeFi Staking Limit
- DeFi Staking assets can be viewed on the top right of the DeFi Staking page, including detailed information such as DeFi Staking balance and cumulative profit, etc.
- The APR is adjusted daily based on the protocol’s staking rewards and the specific APR is subject to the page display on the day.
- Unlock period for DeFi Staking products: one day.
- DeFi Staking Instructions and Frequently Asked Questions (FAQ).
- Redemption Time: Users can redeem staked digital assets via the Standard Redemption procedures at any time, and the principal will be returned to the users' spot accounts. It may take 24-48 hours to receive the tokens.
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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.