Binance Staking Launches Locked Staking Support for IRIS. Receive Annualized Interest of up to 21.25% for the First Month

Fellow Binancians,

Binance Staking is launching support for IRIS Locked Staking at 2020/07/31 12:00 PM (UTC), where 30-day, 60-day and 90-day locked staking products will be made available. Further details are below: 

• Locked Staking Format: First-come-first-served basis.
• Interest Calculation Period: From 0:00 AM (UTC) on the day after locked staking is confirmed to the end of the corresponding product period.
• Interest Payout Time: Immediately after maturity. 

Receive annualized interest of up to 21.25% on IRIS locked staking!

To thank our users for their support, Binance Staking is offering a bonus interest rate for IRIS locked staking for the first month from 2020/07/31 12:00 PM (UTC) to 2020/08/31 12:00 PM (UTC), offering up to annualized interest of 21.25%. 

Offered Products (Instant Locked Staking)

 Please note:

• Interest rates will revert back to the standard annualized interest rate after the activity period. 
• Event bonus rewards will be distributed within 2 weeks after the end of the event. You can view your reward distributions under Wallets - Distribution History on your User Dashboard.
• Only KYC-verified users who participate in IRIS Locked Staking during the event are eligible to receive bonus rewards.
• Once your tokens are locked-up using a Locked Staking product, your assets will no longer earn monthly staking rewards.
• Binance holds all rights regarding the interpretation of this event.

Thanks for your support!

Binance Team

2020/07/31

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