ZIL Added to Savings Products on Binance

2020-07-03 11:48

Fellow Binancians,

Binance has added ZIL to the list of supported assets on Savings, a value-added service to Binance users who hold idle digital assets.

Savings Activity Product Details (Subscribe now)

Subscription Format: First-come-first-served basis.
Subscription Period: From 2020/07/03 12:00 PM (UTC) to 2020/07/04 12:00 PM (UTC).
Interest Calculation Period: 2020/07/03 12:00 PM (UTC) to the end of each respective product period.

Digital Asset	Term to Maturity	Total Cap	Individual Cap	Annualized Interest Rate	Lot Size	Interest Per Lot at Maturity
ZIL	7 Days	37,000,000 ZIL	25,000 ZIL	5%	5,000 ZIL	4.794521 ZIL
ZIL	14 Days	24,625,000 ZIL	25,000 ZIL	7.5%	5,000 ZIL	14.383562 ZIL
ZIL	30 Days	18,475,000 ZIL	25,000 ZIL	10%	5,000 ZIL	41.095890 ZIL

Note：

Amounts subscribed to Binance Savings products will not be able to receive corresponding staking rewards.

Subscriptions will close on a certain product once the maximum limit is reached.

Binance Savings will make adjustments to the types of supported assets, interest rates, individual limits and total subscription limits based on market conditions and our internal risk management.

Please refer to Binance Terms of Use prior to using any products on the Binance Savings platform.

Thanks for your support!

Binance Team

2020/07/03

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