This is a general announcement and marketing message. The products and services mentioned herein may not be available in your region.

Dear Binance community members!

Binance Simple Earn announces two promotions for IOST perpetual products on Simple Earn! During the promotion period, users who subscribe to IOST perpetual products on Simple Earn will be able to receive a 20% bonus tiered APR on top of the live APR. Users who subscribe during the promotion period can also win up to 20,000 IOST in token vouchers.

Promotion period: from 12/18/2024, 02:00 (Kyiv time) to 01/18/2025, 01:59 (Kyiv time)

Promotion A: Get a 20% Multi-Level Bonus APR with IOST Perpetual Products

  • Subscription format: on a rolling basis, according to the conditions below.

  • Distribution of rewards:

    • Bonus Tiered APR: Will be distributed to users' spot wallets on a daily basis. The first reward will be given the day after accrual begins (two days after subscription).

    • Real-time APR: Accumulated every minute in users' Earn wallets.

Available products

Digital asset

Duration

APR during the promotional period

Min. subscription limit per user

Max subscription limit per user

IOST

Perpetually

Real-time APR

(approx. 1%)

+

Bonus tiered APR 20%

(level: 0.1–80,000 IOST)

0.1 IOST

50,000,000 IOST

Promotion B: Subscribe to IOST perpetual products to get up to 20,000 IOST

  • All users who confirm their participation and achieve a net subscription amount of IOST perpetual products of at least 2,000 IOST during the promotion period will be ranked by the net subscription amount of IOST perpetual products during the promotion period.

  • The 500 most active eligible participants will be eligible to receive rewards in IOST token vouchers, according to the reward structure below.

  • Net subscription amount for IOST perpetual products = Total amount of IOST subscribed to Simple Earn perpetual products – Number of IOST redeemed from Simple Earn perpetual products

Reward structure:

Ranking by net subscription amount for IOST perpetual products

Rewards for each eligible user (in token voucher)

1-10 places

20,000 IOST

11 - 50 places

5,000 IOST

51-150th place

2000 IOST

151-500 place

1000 IOST

How to get started with IOST perpetual products:

  1. Users can buy IOST on the Buy Crypto page, which supports a variety of payment methods, including Visa and Mastercard cards, Apple Pay, Google Pay, and wallets. Users can also deposit IOST into their Binance account.

  2. Go to [Simple Earn] and search for IOST.

  3. Choose PERMANENT and subscribe to IOST perpetual products on Simple Earn to start earning rewards!

Start earning right now!

Terms and conditions:

  • Changes to the Simple Earn reward rate will be posted on the Platform from time to time. For more information, please read the Binance Simple Earn Terms and Conditions and Risk Warning before using Simple Earn.

  • Rewards:

    • Promotion A:

      • Bonus Tiered APR is offered as an additional reward to the Real-Time APR. After subscription, Tiered APR bonus rewards begin to accrue the next day, starting at 00:00 UTC. Rewards will begin to be distributed the next day after accrual begins between 00:00 UTC and 08:00 UTC to the user's spot wallet.

      • All users who hold open positions on IOST perpetual products will receive both the real-time APR rewards and the bonus tiered APR during the promotion period. After the promotion ends, users will only be eligible for the real-time APR rewards.

      • The bonus tiered APR is calculated based on subscription amounts and depends on the respective tier limit for each token. See this guide for more details.

    • Promotion B:

      • Token voucher rewards will be distributed within three weeks of the end of the promotion. Users can claim their vouchers via Profile > Rewards Hub.

      • All token voucher rewards expire within 30 days of distribution. Eligible users must activate their vouchers before their expiration date. Learn how to activate a token voucher.

  • Assets deposited into Simple Earn products can be lent to other Binance users (e.g., in margin and crypto lending products).

  • Due to the high volume of redemption requests, it may be temporarily delayed. Redemption may be resumed once liquidity returns.

  • Users can view their holdings in perpetual products by selecting Wallets > Earn > Simple Earn.

  • Redemption period for perpetual product subscriptions: Instant.

  • Binance reserves the right to disqualify participants who tamper with the Binance code or interfere with the operation of the Binance code with other software.

  • Binance reserves the right to disqualify participants who, in Binance's opinion, are acting fraudulently or are not in compliance with the applicable Terms of Use.

  • Binance reserves the right to cancel or change the promotion or promotion rules at its sole discretion.

  • Additional terms and conditions of the promotion can be viewed here.

  • There may be discrepancies between this original English content and translated versions. Please refer to the original English version for the most accurate information in the event of discrepancies.

Thank you for your support!

Team Binance

18.12.2024