COTI Staking Special: Enjoy Up to 35.49% APY and Share 108,000 COTI in Rewards

2021-12-22 06:40

Fellow Binancians,

Binance Staking has launched a series of new high-yield COTI Locked Staking activities. Stake your COTI starting from 2021-12-22 at 12:00 PM (UTC) to earn multiple rewards.

Activity 1: Deposit & Stake COTI for 10, 30, or 60 Days, Enjoy Up to 35.49% 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 Assets	Duration	Max. Locked Staking Limit Per User	Standard Annualized Interest Rate	Min. Locked Staking Limit
COTI	10 days	500 COTI	35.49%	10 COTI
COTI	30 days	7,500 COTI	7.55%	10 COTI
COTI	60 days	5,000 COTI	11.94%	10 COTI

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 COTI to Share 60,000 COTI

Promo Period: 2021-12-22 12:00 PM (UTC) - 2021-12-29 11:59 AM (UTC)

During the promotion period, the first 600 users who spot-trade COTI tokens (net purchase amount = purchase amount - sell amount > 2,000 COTI) and participate in 30/60 days of COTI Locked Staking are eligible to each receive 100 COTI.

Activity 3: New Locked Staking Users to Share 48,000 COTI

Promo Period: 2021-12-22 12:00 PM (UTC) - 2021-12-29 11:59 AM (UTC)

The first 500 users who participate in Locked Staking for the first time and subscribe to COTI Locked Staking are eligible to share 48,000 COTI in rewards.

Sort by COTI Staking Subscription Time	Reward Amount for Every Eligible User
1st -100th Places	150 COTI
101st - 200th Places	120 COTI
201st - 300th Places	90 COTI
301st - 400th Places	70 COTI
401st - 500th Places	50 COTI

Terms and conditions:

The COTI rewards of Activity 2 and Activity 3 will be allocated to recipients’ Binance Wallets within two weeks after the activity ends. Users can see their rewards by selecting the Account > Wallet > Distribution.
The 10-day COTI 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 Activity or Activity 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

2021-12-22

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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.