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NEAR Staking Special: Enjoy Up to 54.49% APY and Share 4,600 NEAR Rewards

NEAR Staking Special: Enjoy Up to 54.49% APY and Share 4,600 NEAR Rewards

2021-10-15 07:34
Fellow Binancians,
Binance Staking has officially launched a series of new high-yield NEAR Locked Staking activities. Stake your NEAR starting from 2021-10-15 at 12:00 PM (UTC) to earn multiple rewards.
Activity 1: Deposit & Stake NEAR for 10, 30, 60, or 90 Days, Enjoy Up to 54.49% 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.
Offered Products ( Locked Staking)
Asset
DurationMax. Locked Staking Limit Per UserStandard Annualized Interest RateMin. Locked Staking Limit
NEAR
10 days
50 NEAR
54.49%
1 NEAR
NEAR
30 days
10,000 NEAR
10.79%
1 NEAR
NEAR
60 days
5,000 NEAR
12.14%
1 NEAR
NEAR
90 days
3,000 NEAR
13.92%
1 NEAR
Please note:ďťż
  • 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 NEAR to Share 2,500 NEAR
Promo Period: 2021-10-15 12:00 PM (UTC) - 2021-10-22 11:59 AM (UTC)
During the promotion period, the first 500 users who spot-trade NEAR tokens (net purchase amount = purchase amount - sell amount > 70 NEAR) and participate in 30/60/90 days of NEAR Locked Staking are eligible to each receive 5 NEAR.
Activity 3: New Locked Staking Users to Share 2,100 NEAR
Promo Period: 2021-10-15 12:00 PM (UTC) - 2021-10-22 11:59 AM (UTC)
The first 500 users who participate in Locked Staking for the first time and subscribe to NEAR Staking during the promotion period are eligible to share 2,100 NEAR :
Sort by NEAR Staking Subscription Time
Reward Amount for Every Eligible User
1st -100th Places
7 NEAR
101st - 200th Places
5 NEAR
201st - 300th Places
4 NEAR
301st - 400th Places
3 NEAR
401st - 500th Places
2 NEAR
Terms and conditions:
  • The NEAR 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 10-day NEAR 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. You are advised that Binance is not responsible for your trading losses.
Thanks for your support!
Binance Team
2021-10-15
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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.