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

Hello Binancians,

Binance Simple Earn is excited to announce two promotions for Simple Earn IOST Flexible Product! During the Promotion Period, users who subscribe to the Simple Earn IOST Flexible Product are entitled to enjoy a 20% Tiered APR Bonus in addition to the Real-Time APR reward. Users who subscribe during the Promotion Period can also win token vouchers worth up to 20,000 IOST.

Promotion Period: 18-12-2024 at 07.00 WIB to 18-01-2025 at 06.59 WIB

Promotion A: Enjoy 20% Tiered APR Bonus Rewards with IOST Flexible Products

  • Subscription Format: Complete subscriptions on a first-come, first-served basis as per the terms below.

  • Reward Distribution:

    • Tiered APR Bonus: Distributed to users’ Spot Wallets daily. The first reward will be given the day after collection begins (two days after subscription).

    • Real-Time APR: Collected and instantly accumulated in the user's Earn Wallet every minute.

Products Offered

Digital Assets

Duration

APR during Promotion Period

Min. Subscription Limit per User

Max Subscription Limit per User

IOST

Flexible

APR Real-Time

(About 1%)

+

20% Tiered APR Bonus

(Level: 0.1 - 80,000 IOST)

0.1 IOST

50,000,000 IOST

Promotion B: Subscribe to IOST Flexible Products to Win Rewards Up to 20,000 IOST

  • All users who confirm their participation and achieve a minimum net subscription amount of 2,000 IOST Flexible Products during the Promotion Period will be ranked based on their net Subscription Amount of IOST Flexible Products during the Promotion Period.

  • The top 500 qualified participants are eligible to receive IOST token voucher rewards according to the reward structure below.

  • Net Subscription Amount of IOST Flexible Products = Total Amount of IOST Subscribed to Simple Earn Flexible Products - Amount of IOST Redeemed from Simple Earn Flexible Products

Reward Structure:

Ranking by Net Subscription Amount of IOST Flexible Products 

Reward per Qualified User (in IOST Token Vouchers)

1st - 10th position

20,000 IOST

11th - 50th position

5,000 IOST

51st - 150th position

2,000 IOST

Position 151 - 500

1,000 IOST

How to Get Started with IOST Flexible Products:

  1. Users can purchase IOST on the Buy Crypto page which supports payment methods including Visa and Mastercard, Apple Pay, Google Pay, and wallet balances. Users can also deposit IOST to their Binance account.

  2. Visit [Simple Earn], then search for IOST.

  3. Select FLEXIBLE, then subscribe to IOST's Simple Earn Flexible Product to start earning rewards!

Start Earning Now!

Terms & Conditions:

  • Changes to the Simple Earn Reward Tier will be published on the Platform from time to time. Please read Binance Simple Earn Terms & Conditions and Risk Warning for more information before using Simple Earn.

  • Reward:

    • Promotion A:

      • Tiered APR Bonus is offered as an additional reward in addition to Real-Time APR. After subscribing, Tiered APR Bonus rewards start accruing the next day at 07:00 WIB. Rewards will start being distributed the next day after accrual begins between 07:00 WIB and 15:00 WIB to the user's Spot Wallet.

      • All users who have open positions for IOST Flexible Products will receive Real-Time APR rewards and Tiered APR Bonus during the Promotion Period. After the Promotion ends, users will only be eligible for Real-Time APR rewards.

      • Tiered APR Bonus Rewards are calculated based on the number of subscriptions and are affected by each token's tier limit. Please read FAQ for more details.

    • Promotion B:

      • Token voucher rewards will be distributed within three weeks after the Promotion ends. Users can claim their voucher rewards via Profile > Reward Hub.

      • All token voucher rewards will expire within 30 days of distribution. Eligible users must claim their vouchers before the expiration date. Learn how to redeem vouchers.

  • The assets you deposit in Simple Earn can be lent to other Binance users (e.g., Margin Products and Crypto Lending).

  • A large number of redemption requests may result in temporary delays in redemptions. Redemptions may resume once liquidity is restored.

  • Users can view their Flexible Product assets by going to Wallet > Earn > Simple Earn.

  • Redemption time for Flexible Product subscriptions: Instant.

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

  • Binance reserves the right to disqualify any participant who acts fraudulently or does not comply with the applicable terms and conditions based on reasonable considerations.

  • 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 differences between the original English content and the translated versions in other languages. Please refer to the original English version for the most accurate information if any discrepancies arise.

Thank you for your support!

Tim Binance

18-12-2024