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Hello dear Binance members,

DeFi storage platform Binance launches a new ETH storage offering on DeFi. Stake a DeFi ETH token storage product for 30 days from 06-06-2023 at 00:00 (UTC) to earn an APR of up to 6.18%.

  • Subscription period: from 06-06-2023 at 00:00 (UTC) to 06-08-2023 at 23:59 (UTC)

  • Storage system: by precedence.

  • Reward calculation period: the day after funds are allocated to the DeFi store, and until the end of the subscription period. For example, if users subscribe on 06-06-2023 (UTC), bonuses will start accruing from 06-07-2023 (UTC), and so on.

  • Bonus payment day: The capital and bonuses will be distributed on the same day after the end of the subscription period. If users subscribe on 06-06-2023 (UTC), the bonus payout day will be on 07-07-2023 (UTC), and so on.

Products offered (DeFi Storage)

Digital asset

Period

Promotional annual interest rate

Minimum DeFi storage per user

Maximum DeFi storage per user

ETH

30 days

%6.18

0.1 ETH

20 ETH

comments:

  • Please refer to the DeFi Staking Terms and Conditions before using any DeFi Staking products on Binance.

  • Binance DeFi staking platform will return digital assets/coins to users' spot wallets at the end of the agreed upon subscription period. The value of digital assets/cryptocurrencies is volatile and subject to change.

  • Users can view their DeFi storage assets by heading to Wallets > Earnings > Storage > Reserved DeFi Storage.

  • The APR is subject to change daily based on on-chain storage rewards, and the specific APR is displayed on the page every day.

  • Redemption time for DeFi storage products: 24 hours.

  • DeFi Storage Instructions and Frequently Asked Questions.

  • About early redemption of DeFi storage products: Users can choose to early redeem their assets. If early redemption is chosen, the digital assets will be returned to the instant account, and users will not be entitled to any rewards. Any bonuses distributed will be deducted from the redeemed capital. It may take between 48-72 hours to receive digital assets.

  • Binance reserves the right to cancel or modify the offer or its rules at its sole discretion.

  • Additional offer terms and conditions can be accessed here.

  • In the event of a conflict between the translated versions and the original English version, the English version shall prevail.

thanks for your support!

Binance Team

2023-06-05

Trade on the go with the Binance Cryptocurrency Mobile App (iOS/Android)

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Binance reserves the right to modify, change or cancel this announcement at its discretion at any time and for any reason without prior notice.

Risk Warning: Digital asset prices can be volatile. The value of your investment may increase or decrease, and you may not get back the value of the amount invested. You are solely responsible for your investment decisions. Binance will not be responsible for any trading losses you may incur. The APR is an estimated value of the rewards you will earn from digital assets over the specified time frame. It does not display the actual or forecast annual percentage rate in any supported local currency. The annual percentage rate is adjusted daily and the estimated bonuses may differ from the actual bonuses distributed. This is not financial advice. For more information, see our Terms of Use and Risk Warning.