Binance DeFi Staking Adds Support for CVX With Up to 19.8% APR

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

Binance DeFi Staking is pleased to announce the launch of CVX DeFi Staking at 2023-06-14 12:00 (UTC). Complete subscriptions to CVX DeFi Staking from 2023-06-14 12:00 (UTC) to earn up to 19.8% in APR rewards.

• Subscription Format: First-come, first-served basis.

• Reward Calculation Period: From 00:00 (UTC) on the day after allocating funds to DeFi Staking, until the end of the subscription period. 

• Reward Payout Time: On a daily basis.

Offered Products (DeFi Staking)

Notes:

• Please refer to DeFi Staking Terms and Conditions prior to using any Binance DeFi Staking products.

• Binance DeFi Staking will return digital assets/digital currencies to users’ spot wallets at the end of the agreed subscription period. The value of digital assets/digital currencies fluctuates and is subject to change.

• Users can view their DeFi Staking assets by going to Wallet > Earn > Staking > Locked DeFi Staking.

• The APR is subject to change daily based on the on-chain staking rewards and the specific APR is subject to the page display on the day.

• Redemption time for DeFi Staking products: One day.

• DeFi Staking Instructions and Frequently Asked Questions (FAQ).

• About early redemption for DeFi Staking products: Users can choose to redeem their assets in advance. After choosing early redemption, digital assets will be returned to the spot account, and users will not be entitled to any rewards. Any distributed rewards will be deducted from the refunded principal. It may take 48-72 hours to receive the digital assets.

• Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

Thanks for your support!

Binance Team

2023-06-14

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. APR is an estimate of rewards you will earn in cryptocurrency over the selected timeframe. It does not display the actual or predicted returns/yield in any fiat currency. APR is adjusted daily and the estimated rewards may differ from the actual rewards generated. Not financial advice. For more information, see our Terms of Use and Risk Warning.