This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance Simple Earn is adding Gravity (G) on Locked Products. Complete subscriptions to G on Simple Earn Locked Products during the Promotion Period to get up to 29.9%* in APR rewards!
Mechanism on G Locked Products
Promotion Period: Subscriptions must take place between 2024-08-27 10:00 (UTC) and 2025-02-27 09:59 (UTC) to count as eligible subscriptions.
Subscription Format*: First-come, first-served basis. Minimum subscription amount, maximum subscription limits, and duration requirements apply, and will impact the amount of APR rewards users receive. Refer to the table below and the notes in this announcement for more details.
Reward Calculation Period: From 00:00 (UTC) on the day after an eligible subscription to Locked Products is completed, until the end of the subscription period.
Rewards Distribution: On a daily basis.
How to Get Started with G Locked Products
Head to [Earn], and search for G.
Select Duration, and subscribe with G to start earning up to 29.9% APR daily!
Please note:
Users may view their Locked Products subscriptions by going to Wallets > Earn > Simple Earn > Locked.
Unlock period for Locked Products: One day.
Locked Products FAQ.
About early redemption for Simple Earn Locked Products: Users may redeem their assets in advance. After choosing early redemption, digital assets will be returned to the spot account, and users will not be entitled to any rewards (accrued or otherwise). Any distributed rewards will be deducted from the refunded principal. It will take no longer than 72 hours after the end of the Locked Simple Earn Term to receive the digital assets back into users’ spot accounts.
Sponsored Rewards are contributions made by the respective protocol team to Binance with the express purpose of facilitating promotional activities.
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
2024-08-27
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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. APR is an estimate of rewards you will earn in cryptocurrency over the selected timeframe. It does not display the actual or predicted returns/yield in any fiat currency. APR is adjusted daily and the estimated rewards may differ from the actual rewards generated. Not financial advice. For more information, see our Terms of Use and Risk Warning.
