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Binance Staking Launches CLV Staking with Up to 35.32% APY

2022-01-20 06:52

Fellow Binancians,

Binance Staking has launched new high-yield CLV Locked Staking activities. Stake your CLV starting from 2022-01-20 at 12:00 PM (UTC) to earn multiple rewards.

Activity 1: Deposit & Stake CLV for 10, 30, 60, or 90 Days, Enjoy Up to 35.32% 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.

Offered Products (Locked Staking)

Digital Assets	Duration	Max. Locked Staking Limit Per User	Standard Annualized Interest Rate	Min. Locked Staking Limit
CLV	10 days	500 CLV	35.32%	1 CLV
CLV	30 days	10,000 CLV	8.15%	1 CLV
CLV	60 days	3,000 CLV	10.09%	1 CLV
CLV	90 days	2,000 CLV	14.39%	1 CLV

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 CLV to Share 17,500 CLV

Promo Period: 2022-01-20 12:00 PM (UTC) - 2022-01-27 11:59 AM (UTC)

During the promotion period, the first 500 users who spot-trade CLV tokens (net purchase amount = purchase amount- sell amount > 1,500 CLV) and participate in 30/60/90 days of CLV Locked Staking are eligible to each receive 35 CLV.

Activity 3: New Locked Staking Users to Share 15,000 CLV

Promo Period: 2022-01-20 12:00 PM (UTC) - 2022-01-27 11:59 AM (UTC)

The first 500 users who participate in Locked Staking for the first time and subscribe to CLV Staking during the promotion period are eligible to share 15,000 CLV in rewards.

Sort by CLV Staking Subscription Time	Reward Amount for Every Eligible User
1st -100th Places	50 CLV
101st - 200th Places	40 CLV
201st - 300th Places	30 CLV
301st - 400th Places	20 CLV
401st - 500th Places	10 CLV

Terms and conditions:

The CLV 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 CLV 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

2022-01-20

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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.