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Earn Up to 80% APY on BICO, DREP and DUSK with Binance Savings
2022-01-06 06:06
Fellow Binancians,
Binance has added BICO, DREP and DUSK to the list of supported assets on Savings, a value-added service to Binance users who hold idle digital assets.
- Subscription Format: First-come, first-served basis.
- Subscription Period: From 2022-01-06 12:00 PM (UTC) to 2022-01-07 12:00 PM (UTC).
- Interest Calculation Period: 2022-01-07 12:00 PM (UTC) to the end of the corresponding product period.
Digital Asset | Term to Maturity | Total Cap | Individual Cap | Annualized Interest Rate | Lot Size | Interest Per Lot at Maturity |
BICO | 15 days | 500,000 BICO | 1,000 BICO | 60% | 10 BICO | 0.2466 BICO |
DREP | 30 days | 1,000,000 DREP | 5,000 DREP | 80% | 50 DREP | 3.2877 DREP |
DUSK | 30 days | 1,000,000 DUSK | 20,000 DUSK | 12% | 100 DUSK | 0.9863 DUSK |
Note:
- Subscriptions will close on the product once the maximum limit is reached.
- There is no earlier redemption for Locked Savings activities.
- Binance Savings will make adjustments to the types of supported assets, interest rates, individual limits and total subscription limits based on market conditions and our internal risk management.
- Please refer to Binance Terms of Use prior to using any products on the Binance Savings platform.
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
2022-01-06
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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.