Fellow Binancians,
Binance Staking has officially launched a series of new high-yield NBS Locked Staking activities. Stake your NBS starting from 2021-11-23 at 12:00 PM (UTC) to earn multiple rewards.
Activity 1: Deposit & Stake NBS for 10, 30, or 60 Days, Enjoy Up to 45.18% 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 |
NBS | 10 days | 10,000 NBS | 45.18% | 100 NBS |
NBS | 30 days | 1,500,000 NBS | 10.75% | 10,000 NBS |
NBS | 60 days | 1,500,000 NBS | 15.32% | 10,000 NBS |
Please note:
- 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: Buy & Stake NBS to Share 750,000 NBS
Promo Period: 2021-11-23 12:00 PM (UTC) - 2021-11-30 11:59 AM (UTC)
During the promotion period, the first 500 users who spot-trade NBS tokens (net purchase amount = purchase amount - sell amount > 40,000 NBS) and participate in 30/60 days of NBS Locked Staking are eligible to each receive 1,500 NBS.
Activity 3: New Locked Staking Users to Share 460,000 NBS
Promo Period: 2021-11-23 12:00 PM (UTC) - 2021-11-30 11:59 AM (UTC)
The first 500 users who participate in Locked Staking for the first time and subscribe to NBS Staking during the promotion period are eligible to share :
Sort by NBS Staking Subscription Time | Reward Amount for Every Eligible User |
1st -100th Places | 1,400 NBS |
101st - 200th Places | 1,100 NBS |
201st - 300th Places | 900 NBS |
301st - 400th Places | 700 NBS |
401st - 500th Places | 500 NBS |
Terms and conditions:
- The NBS rewards of Activity 2 and Activity 3 will be allocated to recipients’ Binance Wallets within two weeks after the promotion ends. Users can see their rewards by selecting the Account > Wallet > Distribution.
- The 10-day NBS Locked Staking is a high-yield activity, therefore it is not included in Activity 2.
- 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. You are advised that Binance is not responsible for your trading losses.
Thanks for your support!
Thanks for your support!
Binance Team
2021-11-23
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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.