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Dear Binance members,

Binance Simple Earn launches an offer on Simple Earn's flexible products for AVA (AVA) tokens! Users who stake their AVA tokens in Simple Earn's flexible products can enjoy an exclusive additional sliding scale APR of 6% in addition to real-time APR bonuses.

Offer: Enjoy up to 6% additional tiered APR rewards with AVA Flexible products

  • Offer Period: 06-21-2024 at 00:00 (UTC) to 09-18-2024 at 23:59 (UTC)

  • Subscription System: Complete the subscription process on a first-come, first-served basis according to the conditions below.

  • Payment of rewards: 

    • Tiered Annual Percentage Rate: Distributed to users' spot wallets daily.

    • Real-time Annual Percentage Rate: generated and accumulated directly in users' Earn wallets every minute.

Products offered (Flexible Products)

Digital asset

Period

The annual percentage rate during the offer period

Minimum subscription per user

Maximum subscription per user

AVA

flexible

Category 1

Category 2

0.1 AVA

600,000 AVA

0.1 - 10,000 AVA

> 10,000 AVA

Real-time annual percentage rate

+ 

%6 

Graduated annual percentage rate

Real-time annual percentage rate

Terms and Conditions:

  • Please review Binance Simple Earn Terms and Conditions before using any products on the Binance Simple Earn platform.

  • Rewards:

    • The additional tiered APR is offered as an additional bonus on top of the spot APR. Upon subscription, additional tiered APR bonuses will begin to accrue the next day starting at 00:00 (UTC). The rewards will start being distributed the next day after the start of accrual between 00:00 (UTC) and 08:00 (UTC) to the user's spot wallet.

    • All users with open positions on AVA Flexible Products will receive both Real Time APR and Trailing APR bonuses during the offer period. Once the offer expires, users are entitled to receive Real Time APR bonuses only. 

    • Additional Tiered APR rewards are calculated based on amounts subscribed and are subject to the Tier Limit for each token. Please refer to Frequently Asked Questions for more details.

  • Users can view their Flexible Products assets by going to Portfolios > Earn > Simple Earn > Flexible Products.

  • Redemption time for subscriptions on Flexible Products: Immediate. 

  • Binance reserves the right to disqualify any participants who, in its reasonable opinion, display signs of fraudulent behavior or otherwise do not comply with the applicable terms and conditions.

  • 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.

  • There may be a discrepancy between the translated version and this original English article. In this case, please refer to the original version for the most current or accurate information about the areas giving rise to any conflict.

thanks for your support!

Binance Team

2024-06-21