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Binance Will Support EOS (EOS) Staking

Binance
2020-03-11 10:17

Fellow Binancians,

Binance will be adding support for EOS (EOS) staking starting from 2020/03/13 and we will distribute EOS staking rewards as detailed below:

Monthly EOS Staking Airdrop Program

  • Starting from 2020/03/13 at 00:00 AM UTC, Binance will begin taking live snapshots of user EOS balances.
  • EOS Staking distribution will be calculated as follows:
    EOS generated by each user = Total EOS staking rewards received by Binance * User EOS holdings ratio.
  • User EOS holdings ratio = Average user EOS holdings / Average total EOS staked by Binance.
  • Users must hold at least 0.25 EOS in order to qualify for staking rewards.
  • The initial distribution of EOS staking rewards will be calculated through to 2020/04/30, with the total amount distributed equal to the staking rewards accrued during the period.
  • EOS 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!

Binance Team

2020/03/11

 

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