This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance Simple Earn is pleased to launch two new promotions for PEPE (PEPE)! New Simple Earn Locked Products users may learn more about PEPE and complete a quiz during the Promotion Period to receive a free 700,000 PEPE Locked Products position each. On top of that, users may also subscribe to PEPE on Simple Earn Flexible Products during the Promotion Period to enjoy an exclusive Bonus Tiered APR of up to 9% on top of Real-Time APR rewards.
Promotion 1: Complete a Quiz on PEPE to Receive 700,000 PEPE in Locked Products!
Promotion Period: 2024-02-23 14:00 (UTC) to 2024-03-07 06:00 (UTC)
The first 50,000 new Simple Earn Locked Products users who complete the quiz with all questions correctly answered during the Promotion Period, will be eligible to each receive a free 700,000 PEPE Locked Products position.
How to Participate:
Step 1: Correctly answer all questions in the quiz by referring to the information on the official PEPE website. Users may reattempt the quiz if they did not answer all the questions correctly.
Step 2: The first 50,000 new Simple Earn Locked Products users who complete Step 1 will automatically receive a free 150-day PEPE Locked Products position by 2024-03-20 23:59 (UTC). Please note that users will not be able to participate in this promotion once all rewards are distributed.
Rewards (Locked Products):
Promotion 2: Enjoy Up To 9% Bonus Tiered APR with PEPE Simple Earn Flexible Products
Promotion Period: 2024-03-01 00:00 (UTC) to 2024-05-31 23:59 (UTC)
Subscription Format: Complete subscription on a first-come, first-served basis in accordance with the terms below.
Reward Payout:
Bonus Tiered APR: Distributed to users’ Spot Wallets on a daily basis.
Real-Time APR: Accrued and directly accumulated in users’ Earn Wallets every minute.
Offered Products (Flexible Products)
About Binance Simple Earn:
Binance Simple Earn allows users to earn rewards by depositing their digital assets for flexible or locked terms. Users may subscribe to or redeem assets from Simple Earn almost at any time, thus retaining great flexibility and liquidity over their assets while earning rewards.
Please Note:
Please refer to Binance Simple Earn Terms & Conditions prior to using any products on the Binance Simple Earn platform.
Promotion 1:
Only users who complete identity verification and correctly answer all questions in the quiz during the Promotion Period will be eligible to receive Promotion 1 rewards.
PEPE rewards are only available to users who have never subscribed to Simple Earn Locked Products before 2024-02-23 10:00 (UTC). PEPE rewards will be automatically locked in Simple Earn Locked Products for 150 days, where users can enjoy 10% APR.
Please note that the rewards are only available to users who are enabled to use Binance Simple Earn products. Rewards may not be available or may be restricted in certain jurisdictions or regions, or to certain users, depending on legal and regulatory requirements.
Binance Simple Earn will redeem the digital assets/digital currencies locked in Simple Earn Locked Products subscriptions to Simple Earn Flexible Products at the end of the agreed subscription period.
For this promotion, users may not redeem their digital assets/digital currencies in advance.
Promotion 2:
Bonus Tiered APR is offered as an additional reward on top of Real-Time APR. Upon subscription, Bonus Tiered APR rewards start to accrue the next day starting from 00:00 (UTC). Rewards will start to be distributed the following day after accrual starts between 00:00 (UTC) and 08:00 (UTC) to the user’s Spot Wallet.
Bonus Tiered APR rewards are calculated based on the subscribed amounts and are subject to the respective tier limit for each token. Please refer to the FAQ for more details.
All users who hold open positions for PEPE Flexible Products will receive both Real-Time APR and Bonus Tiered APR rewards during the Promotion Period. Once the promotion ends, users will be entitled to Real-Time APR rewards only.
Users can view their assets on Simple Earn Locked Products and Flexible Products by going to Wallets > Earn.
Binance reserves the right to disqualify any participants that, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.
Binance reserves the right to cancel or amend the Promotion or Promotion Rules at its sole discretion.
Additional promotion terms and conditions can be accessed here.
There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Thank you for your support!
Binance Team
2024-02-23
