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Binance Staking Launches MC and MOVR Staking with Up to 73.38% APY

2022-02-08 03:39
Fellow Binancians,
Binance Staking has officially launched MC and MOVR Locked Staking. Stake your MC and MOVR starting from 2022-02-08 at 12:00 PM (UTC) to earn up to 73.38% APY.
  • 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: On a daily basis.
Offered Products (Locked Staking)
Digital AssetsDurationMax. Locked Staking Limit Per UserStandard Annualized Interest RateMin. Locked Staking Limit
MC
30 days
3,000 MC
55.29%
0.1 MC
MC
60 days
1,000 MC
69.58%
0.1 MC
MC
90 days
500 MC
73.38%
0.1 MC
MOVR
30 days
200 MOVR
16.28%
0.01 MOVR
MOVR
60 days
50 MOVR
18.59%
0.01 MOVR
MOVR
90 days
10 MOVR
22.45%
0.01 MOVR
Please note:
  • Users can view their Locked Staking assets by going to Wallets > Earn > Locked Staking > Locked.
  • 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. You are advised that Binance is not responsible for your trading losses.

Thanks for your support!
Binance Team
2022-02-08
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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.