EGLD Staking Special: Enjoy Up to 55.49% APY and Share 100 EGLD Rewards

Published on 2021-10-21 07:14

Fellow Binancians,

Binance Staking has officially launched a series of new high-yield EGLD Locked Staking activities. Stake your EGLD starting from 2021-10-21 at 12:00 PM (UTC) to earn multiple rewards. 

Activity 1: Deposit & Stake EGLD for 10, 30, 60, or 90 Days, Enjoy Up to 55.49% 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

EGLD

10 days

1 EGLD

55.49%

0.2 EGLD

EGLD

30 days

200 EGLD

10.87%

0.2 EGLD

EGLD

60 days

100 EGLD

12.12%

0.2 EGLD

EGLD

90 days

50 EGLD

14.25%

0.2 EGLD

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.

Activity 2: Buy & Stake EGLD to Share 50 EGLD

Promo Period: 2021-10-21 12:00 PM (UTC) - 2021-10-28 11:59 AM (UTC)

During the promotion period, the first 500 users who spot-trade EGLD tokens (net purchase amount = purchase amount - sell amount > 2 EGLD) and participate in 30/60/90 days of EGLD Locked Staking are eligible to each receive 0.1 EGLD.

Activity 3: New Locked Staking Users to Share 50 EGLD

Promo Period: 2021-10-21 12:00 PM (UTC) - 2021-10-28 11:59 AM (UTC)

The first 500 users who participate in Locked Staking for the first time and subscribe to EGLD Staking during the promotion period are eligible to share 50 EGLD:

Sort by EGLD Staking Subscription Time

Reward Amount for Every Eligible User

1st -100th Places

0.15 EGLD

101st - 200th Places

0.11 EGLD

201st - 300th Places

0.09 EGLD

301st - 400th Places

0.08 EGLD

401st - 500th Places

0.07 EGLD

Terms and conditions:

  • The EGLD rewards of Activity 2 and Activity 3 will be allocated to recipients’ Binance Wallets within two weeks after the promotion ends. Users can see their rewards by selecting the Account > Wallet > Distribution.
  • The 10-day EGLD Locked Staking is a high-yield activity, therefore it is not included in Activity 2.
  • Binance reserves the right to disqualify any participants showing signs of fraudulent behavior immediately.
  • Binance reserves the right to cancel or amend the Promotion or Promotion 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

2021-10-21

 

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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.