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 Omni (OMNI) on Locked Products. Complete subscriptions to OMNI on Simple Earn Locked Products during the Promotion Period to get up to 7.9%* in APR rewards!

Mechanism on OMNI Locked Products

  • Promotion Period: Subscriptions must take place between 2024-06-06 10:00 (UTC) and 2024-12-06 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, which 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.

Offered Products (Locked Products)

Digital Asset

Duration

APR During the Promotion Period

Min. Subscription Limit per User

Max. Subscription Limit per User

OMNI

30 days

3.9%

0.1 OMNI

10,000 OMNI

60 days

4.9%

0.1 OMNI

5,000 OMNI

90 days

7.9%

0.1 OMNI

1,000 OMNI

How to Get Started with OMNI Locked Products

  1. Head to [Earn], and search for OMNI.

  2. Select Duration, and subscribe with OMNI to start earning up to 7.9% APR daily!

Subscribe Now!

Please note:

  • Binance reserves the right to adjust APRs at any time after the Promotion Period without prior notice. Please refer to Binance Simple Earn Terms & Conditions prior to using any products on the Binance Simple Earn platform.

  • Binance Simple Earn will redeem the digital assets/digital currencies subscribed to Simple Earn Locked Products to Flexible Products at the end of the agreed subscription period. The value of digital assets/digital currencies fluctuates and is subject to change.

  • Users may view their Locked Products subscriptions by going to Wallets > Earn > Simple Earn > Locked.

  • Users may enable the “Auto-Subscribe” function before completing subscriptions to Locked Products, which will automatically renew users’ existing Locked Products position into a new position of the same duration upon expiry.

  • Unlock period for Locked Products: One day.

  • For more information, refer to the 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 may take 48-72 hours to receive the digital assets back into users’ spot accounts.

  • 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

2024-06-06