Binance Staking Launches Locked Staking Support for ADX and PNT

2020-09-19 11:11

Fellow Binancians,

Binance Staking is launching support for ADX and PNT Locked Staking at 2020/09/19 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	Lot Size
ADX	30 Days	500,000 ADX	5,000,000 ADX	46.7%	1,000 ADX
PNT	30 Days	10,000 PNT	1,000,000 PNT	30%	100 PNT

Please note:

ADX and PNT unlock period from locked staking products: 1 day.
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.
Locked Staking FAQ.

Thanks for your support!

Binance Team

2020/09/19

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