Fellow Binancians,
Binance Staking has officially launched a series of new high-yield SHIB Locked Staking activities. Stake your SHIB starting from 2021-07-22 at 12:00 PM (UTC) to earn multiple rewards.
Activity 1: Stake SHIB for 15, 30, 60, or 90 days, Enjoy up to 33.12% APY
- Locked Staking Format: First-come, first-served basis.
- Interest Calculation Period: From 00:00 AM (UTC) on the day after Locked Staking is confirmed to the end of the corresponding product period.
- Interest Payout Time: On a daily basis.
| Digital Assets | Duration | Max. Locked Staking Limit Per User | Standard Annualized Interest Rate | Min. Locked Staking Limit |
SHIB | 15 days | 30M SHIB | 33.12% | 1M SHIB |
SHIB | 30 days | 5,000M SHIB | 3.67% | 1M SHIB |
SHIB | 60 days | 1,000M SHIB | 4.12% | 1M SHIB |
SHIB | 90 days | 500M SHIB | 5.25% | 1M SHIB |
Please note:ďťż
- The staking amount and interest paid will be rounded to 2 decimal places.
- 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.
- About early redemption: Users can choose to redeem in advance. After choosing early redemption, the principal will be returned to the spot account, and the distributed interest will be deducted from the refunded principal. Due to different global time zones, it takes 48-72 hours to receive the tokens.
Activity 2: New Locked Staking Users to Share $10,000 in SHIB
Promo Period: 2021-07-22 12:00 PM (UTC) - 2021-07-28 11:59 PM (UTC)
The first 400 users who participate in Locked Staking for the first time and subscribe to SHIB Staking during the promotion period are eligible to share $10,000 in SHIB:
Sort by SHIB Staking Subscription Time | Reward Amount for Every Eligible User |
1st -100th Places | 8,000,000 SHIB |
101st - 200th Places | 5,000,000 SHIB |
201st - 300th Places | 2,500,000 SHIB |
301st - 400th Places | 800,000 SHIB |
Activity 3: 20,000 BUSD Savings Vouchers for Early Birds
Promo Period: 2021-07-22 12:00 PM (UTC) - 2021-07-28 11:59 PM (UTC)
The first 500 existing Locked Staking users (who had used Locked Staking before 2021-07-21 00:00 AM (UTC) ) to subscribe to the 30-day, 60-day, or 90-day SHIB staking products during the promo period, are eligible to each receive a 20,000 BUSD 7-day Binance Flexible Savings Trial Fund Voucher.
Terms and conditions:
- The SHIB rewards will be allocated to recipientsâ Binance Wallets within 2 weeks after the promotion ends. Users can see their rewards by selecting âWallet - Transaction History - SHIBâ.
- The Savings Trial Fund Voucher will be allocated to recipientsâ Binance Reward Center within two weeks after the promotion ends. Users can see their rewards by selecting the Account > Reward Center.
- The Savings Trial Fund is valid for 7 days, allowing users to subscribe to the 7-day BUSD Flexible Savings product and earn Savings interest during that period of time. For more information, read this guide on how to redeem a Savings Trial Fund.
- The 15-day SHIB Locked Staking is a high-yield activity, therefore it is not included in Activity 3.
- Binance reserves the right to disqualify any participants showing signs of fraudulent behavior immediately.
- Binance reserves the right to cancel or amend the Promotion or Promotion Rules at our sole discretion.
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
2021-07-22
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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.