Fellow Binancians,
Binance Staking has officially launched a series of new high-yield CHR Locked Staking activities. Stake your CHR starting from 2021-08-26 at 12:00 PM (UTC) to earn multiple rewards.
Activity 1: Deposit & Stake CHR for 15, 30, 60, or 90 Days, Enjoy Up to 45.79% 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 |
CHR | 15 days | 700 CHR | 45.79% | 100 CHR |
CHR | 30 days | 50,000 CHR | 20.24% | 100 CHR |
CHR | 60 days | 20,000 CHR | 22.32% | 100 CHR |
CHR | 90 days | 5,000 CHR | 25.25% | 100 CHR |
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 CHR to Share 15,000 BUSD Worth of CHR
Promo Period: 2021-08-26 12:00 PM (UTC) - 2021-09-02 11:59 AM (UTC)
During the promotion period, the first 500 users who spot-trade CHR tokens (net purchase amount = purchase amount- sell amount > 500 CHR) and participate in 30/60/90 days of CHR Locked Staking, are eligible to each receive 30 BUSD equivalent in CHR.
Activity 3: New Locked Staking Users to Share 15,000 BUSD
Promo Period: 2021-08-26 12:00 PM (UTC) - 2021-09-02 11:59 AM (UTC)
The first 500 users who participate in Locked Staking for the first time and subscribe to CHR Staking during the promotion period are eligible to share 15,000 BUSD.
Sort by CHR Staking Subscription Time | Reward Amount for Every Eligible User |
1st -100th Places | 50 BUSD |
101st - 200th Places | 40 BUSD |
201st - 300th Places | 30 BUSD |
301st - 400th Places | 20 BUSD |
401st - 500th Places | 10 BUSD |
Terms and conditions:
- The CHR and BUSD 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 real-time CHR/BUSD price on Binance at the time of distribution will be used in distributing CHR rewards.
- The 15-day CHR 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. Binance will make the best efforts to choose high-quality coins, but will not be responsible for your trading losses.
Thanks for your support!
Binance Team
2021-08-26
Thanks for your support!
Binance Team
2021-08-26
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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.