This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
The lock-up period for DOT Slot Auction will end on 2023-10-24, and users may start redeeming their locked DOT through the DOT Slot Auction page starting from 2023-10-26 06:00 (UTC).
After redemption, users may subscribe to DOT on Simple Earn Locked and Flexible Products to continue earning rewards with APR of up to 13.9%.
Please note:
From 2023-10-26 06:00 (UTC), users who hold BDOT in Spot Wallets may start redeeming DOT with BDOT on a 1:1 basis on the DOT Slot Auction page.
At 2023-10-26 06:00 (UTC), users who participated in Dot Slot Auction but didn’t convert their locked DOT to BDOT, will have their locked DOT automatically credited to their Spot Wallets.
At 2023-10-26 06:00 (UTC), Binance will delist and cease trading on the BDOT/DOT spot trading pair, and terminate Trading Bots services for the pair. All pending trade orders on the pair will be automatically removed after trading ceases. Users are strongly advised to update and/or cancel their Trading Bots prior to the cessation of Trading Bots services to avoid any potential losses.
At 2023-11-09 06:00 (UTC), users’ remaining BDOT assets will be automatically swapped for DOT on a 1:1 basis and credited to the respective user’s Spot Wallet.
Participants of DOT Slot Auction are still eligible to claim the remaining voting rewards after redemption. At 2024-02-01 06:00 (UTC), all unclaimed voting rewards will be automatically distributed to users’ Spot Wallets.
For more information, please refer to the Polkadot (DOT) Parachain Slot Auction Rules.
Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.
Thanks for your support!
Binance Team
2023-10-20
