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Binance DeFi Staking: Subscribe to 30-Day ETH DeFi Staking & Earn Up to 6.18% Reward Rates

Binance DeFi Staking: Subscribe to 30-Day ETH DeFi Staking & Earn Up to 6.18% Reward Rates

2023-06-05 04:35

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

Binance DeFi Staking is launching a new ETH DeFi Staking promotion. Subscribe to the 30-day ETH DeFi Staking product from 2023-06-06 00:00 (UTC) to earn up to 6.18% APR. 

  • Subscription Period: 2023-06-06 00:00 (UTC) to 2023-06-08 23:59 (UTC)

  • Staking Format: First-come, first-served basis.

  • Reward Calculation Period: On the day after allocating funds to DeFi Staking, until the end of the subscription period. For example, if users subscribe on 2023-06-06 (UTC), rewards will start accruing at 2023-06-07 (UTC), and so on.

  • Reward Payout Day: The principal and rewards will be distributed on the same day after the end of the subscription period. If users subscribe on 2023-06-06 (UTC), reward payout day will be on 2023-07-07 (UTC), and so on.

Offered Products (DeFi Staking)

Digital Asset

Duration

Promotional Annualized Interest Rate

Min. DeFi Staking Limit per User

Max. DeFi Staking Limit per User

ETH

30 days

6.18%

0.1 ETH

20 ETH

Notes:

  • Please refer to DeFi Staking Terms and Conditions prior to using any Binance DeFi Staking products.

  • Binance DeFi Staking will return digital assets/digital currencies to users’ spot wallets at the end of the agreed subscription period. The value of digital assets/digital currencies fluctuates and is subject to change.

  • Users can view their DeFi Staking assets by going to Wallets > Earn > Staking > Locked DeFi Staking.

  • The APR is subject to change daily based on the on-chain staking rewards and the specific APR is subject to the page display on the day.

  • Redemption time for DeFi Staking products: 24 hours.

  • DeFi Staking Instructions and Frequently Asked Questions (FAQ).

  • About early redemption for DeFi Staking products: Users can choose to redeem their assets in advance. After choosing early redemption, digital assets will be returned to the spot account, and users will not be entitled to any rewards. Any distributed rewards will be deducted from the refunded principal. It may take 48-72 hours to receive the digital assets.

  • Binance reserves the right to cancel or amend the Promotion or Promotion Rules at its sole discretion.

  • Additional promotion terms and conditions can be accessed here.

  • Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

Thanks for your support!

Binance Team

2023-06-05

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. APR is an estimate of rewards you will earn in cryptocurrency over the selected timeframe. It does not display the actual or predicted returns/yield in any fiat currency. APR is adjusted daily and the estimated rewards may differ from the actual rewards generated. Not financial advice. For more information, see our Terms of Use and Risk Warning.