Binance Staking Opens New Quota Limits for EOS and BAND

Published on 2020-08-28 06:32

Fellow Binancians,

Binance Staking is opening new quota limits for EOS and BAND Locked Staking products on 2020/08/28 12:00 PM (UTC).

Locked Staking Format: First-come-first-served basis.
Interest Calculation Period: From 0:00 AM (UTC) on the day after locked staking is confirmed to the end of the corresponding product period.
Interest Payout Time: Immediately after maturity.

Offered Products (Instant Locked Staking)

Digital Assets	Term to Maturity	Individual Locked Staking Limit	Total Locked Staking Limit	Standard Annualized Interest Rate	Minimum Locked Amount
EOS	7 Days	50,000 EOS	500,000 EOS	3.8%	10 EOS
EOS	30 Days	50,000 EOS	1,000,000 EOS	4.69%	10 EOS
EOS	60 Days	50,000 EOS	500,000 EOS	5.21%	10 EOS
EOS	90 Days	50,000 EOS	500,000 EOS	6.79%	10 EOS
BAND	7 Days	50,000 BAND	1,000,000 BAND	8.3%	20 BAND
BAND	30 Days	50,000 BAND	500,000 BAND	11.2%	20 BAND
BAND	60 Days	50,000 BAND	500,000 BAND	12.5%	20 BAND

Please note:

Users can view their locked staking assets by going to Wallets > Savings > PoS.
Once your tokens are locked-up using a Locked Staking product, your assets will no longer earn monthly staking rewards.
Subscriptions will close on a certain product once the maximum limit is reached.
Binance Staking 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.
Locked Staking FAQ。

Thanks for your support!

Binance Team

2020/08/28

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