Binance Staking Launches CLV Staking with Up to 11.98% APY
2022-05-11 06:00
Fellow Binancians,
Binance Staking has launched a series of new high-yield CLV Locked Staking activities. Stake your CLV starting from 2022-05-11 at 12:00 PM (UTC) to earn up to 11.98% 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.
Digital Assets | Duration | Max. Locked Staking Limit Per User | Standard Annualized Interest Rate | Min. Locked Staking Limit |
CLV | 30 days | 5,000 CLV | 6.79% | 0.1 CLV |
CLV | 60 days | 1,500 CLV | 8.95% | 0.1 CLV |
CLV | 90 days | 250 CLV | 11.98% | 0.1 CLV |
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 their assets 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 may take 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
2022-05-11
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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.