Fellow Binancians,

Binance Staking has launched a new high-yield activity. Stake your NEO and VET to earn GAS and VTHO with up to 8.79% APY.

• 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: Between 0:00 AM - 4:00 AM (UTC) on the next day after the product expires, users’ staked NEO, VET and earned GAS, VTHO will be automatically transferred to the spot wallets.

Offered Products (Locked Staking)

Digital Assets	Duration	Max. Locked Staking Limit Per User	Standard Annualized Interest Rate	Min. Locked Staking Limit
NEO	15 days	2,000 NEO	5.79%	0.1 NEO
NEO	30 days	1,000 NEO	7.49%	0.1 NEO
NEO	60 days	1,000 NEO	8.79%	0.1 NEO
VET	15 days	1,000,000 VET	3.47%	1 VET
VET	30 days	500,000 VET	4.79%	1 VET
VET	60 days	500,000 VET	5.47%	1 VET

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.
• Early redemption: Users can choose to redeem in advance before the staking period ends. After choosing early redemption, the principal will be returned to users’ spot accounts, and users will NOT receive GAS or VTHO rewards.
• The price of NEO/GAS and VET/VTHO will be calculated based on the prices from 0:00 AM - 4:00 AM (UTC) on the next day after the product expires.

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make the best efforts to choose high-quality coins, but will not be responsible for your trading losses.
Thanks for your support!

Binance Team

2021-06-16

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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.