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Binance Staking Launches OAX Staking with Up to 10% APY

Binance
2021-01-21 09:17
Fellow Binancians,
Binance Staking has launched a new high-yield activity. Stake your OAX starting from 2021-01-21 12:00 PM (UTC), to earn up to 10% APY.
  • 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: On a daily basis.
Offered Products ( Locked Staking)
Digital AssetsDurationMax. Single Locked Staking LimitStandard Annualized Interest RateMin. Locked Staking Limit
OAX
15 days
300,000 OAX
6%
70 OAX
OAX
30 days
300,000 OAX
8%
70 OAX
OAX
60 days
300,000 OAX
10%
70 OAX
Please note:
  • Users can view their Locked Staking assets by going to Wallets > Savings > Locked Staking.
  • 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.
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.
Thanks for your support!
Binance Team
2021-01-21
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