Binance Will Support Ark (ARK) Staking
Binance will be adding support for Ark (ARK) staking starting from 2020/04/15 and will distribute ARK staking rewards as detailed below:
Monthly ARK Staking Airdrop Program
- Starting from 2020/04/15 at 00:00 AM UTC, Binance will begin taking live snapshots of user ARK balances.
- ARK Staking distribution will be calculated as follows:
ARK generated by each user = Total ARK staking rewards received by Binance * User ARK holdings ratio.
- User ARK holdings ratio = Average user ARK holdings / Average total ARK staked by Binance.
- Users must hold at least 5 ARK in order to qualify for staking rewards.
- The initial distribution of ARK staking rewards will be calculated through to 2020/05/31, with the total amount distributed equal to the staking rewards accrued during the period.
- ARK rewards are calculated daily and distributed monthly. Distributions will be completed before the 20th of each month.
Move your coins to Binance from anywhere and enjoy hassle-free staking rewards. Other rewarded coins supported by Binance can be found on the Staking Home Page here.
Thank you for your support!
Trade on the go with Binance’s mobile crypto trading app:
Find us on