Fellow Binancians,
Binance Staking has launched new high-yield SAND Locked Staking activities. Stake your SAND starting from 2022-01-28 at 12:00 PM (UTC) to earn multiple rewards.
Activity 1: Deposit & Stake SAND for 10, 30, 60, or 90 Days, Enjoy Up to 24.50% 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 |
SAND | 10 days | 20 SAND | 24.50% | 1 SAND |
SAND | 30 days | 20,000 SAND | 8.50% | 1 SAND |
SAND | 60 days | 10,000 SAND | 10.75% | 1 SAND |
SAND | 90 days | 5,000 SAND | 14.75% | 1 SAND |
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 SAND to Share 15,000 SAND
Promo Period: 2022-01-28 12:00 PM (UTC) - 2022-02-28 11:59 AM (UTC)
During the promotion period, users who spot-trade SAND tokens (net purchase amount = purchase amount - sell amount > 300 SAND) and participate in 30/60/90 days of SAND Locked Staking are eligible to participate in the activity.
1,500 users will be selected from all eligible participants based on the Award Selection Rules Based on Binance Chain Hash Value, to each win 10 SAND tokens.
Activity 3: New Locked Staking Users to Share 3,900 SAND
Promo Period: 2022-01-28 12:00 PM (UTC) - 2022-02-28 11:59 AM (UTC)
The first 500 users who participate in Locked Staking for the first time and subscribe to SAND Locked Staking products during the promotion period are eligible to share 3,900 SAND.
Sort by SAND Staking Subscription Time | Reward Amount for Every Eligible User |
1st -100th Places | 10 SAND |
101st - 200th Places | 9 SAND |
201st - 300th Places | 8 SAND |
301st - 400th Places | 7 SAND |
401st - 500th Places | 5 SAND |
Terms and Conditions:
- The SAND rewards of Activity 2 and Activity 3 will be allocated to recipients’ Binance Wallets within two weeks after the activity ends. Users can see their rewards by selecting the Account > Wallet > Distribution.
- The 10-day SAND 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 Activity or Activity 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!
Binance Team
2022-01-28
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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.