This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance Staking has launched THETA Locked Staking. Stake your THETA from 2022-08-17 at 12:00 (UTC) to earn multiple rewards.
Promotion Period: 2022-08-17 12:00 (UTC) to 2022-08-24 11:59 (UTC)
- Locked Staking Format: First-come, first-served basis.
- Reward Calculation Period: From 00:00 (UTC) on the day after you add your cryptocurrency to a staking pool, until the end of the staking period.
- Reward Payout Time: On a daily basis.
Digital Assets | Duration | Max. Locked Staking Limit Per User | APR During the Promotion | Standard Annualized Interest Rate | Min. Locked Staking Limit Per User |
THETA | 30 days | 3,000 THETA | 12.90% | 1.49% | 0.1 THETA |
THETA | 60 days | 500 THETA | 15.60% | 2.58% | 0.1 THETA |
THETA | 120 days | 50 THETA | 29.69% | 5.68% | 0.1 THETA |
Please note:
- The additional APR enjoyed by users during the promotion period will be adjusted to the standard annualized interest rate once the promotion ends.
- Binance Staking will return staked digital assets/digital currencies to users’ spot wallets at the end of the agreed staking period. The value of digital assets/digital currencies fluctuates and is subject to change.
- Users can view their Locked Staking assets by going to Wallets > Earn > Locked Staking > Locked.
- Users can enable the “Auto-Staking” function before completing subscriptions to Staking products, which will automatically add their digital assets/digital currencies to the staking pool again at the end of the staking period.
- Unlock period for Locked Staking products: One day.
- Locked Staking FAQ.
- About early redemption: Users can choose to redeem their assets in advance. After choosing early redemption, the staked digital assets will be returned to the spot account, and any distributed rewards will be deducted from staked digital assets. It may take 48-72 hours to receive the digital assets.
Thanks for your support!
Binance Team
2022-08-17
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Note: This announcement was last updated on 2022-08-17 to include the promotion period of this activity.
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.
Risk Warning: Digital asset prices can be volatile. The value of your investment can go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Locked Staking will return the staked digital assets to users’ spot wallets after the agreed period ends or upon early redemption. You have no right to a reward until it is received by Binance and Binance does not guarantee that you will receive any specific staking reward, or any staking return over time. APR is an estimate of rewards you will earn in cryptocurrency over the selected timeframe. It does not display the actual or predicted APR in any fiat currency. APR is adjusted daily and the estimated rewards may differ from the actual rewards generated. Not financial advice. For more information, see our Terms of Use and Risk Warning.