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What Is Binance Super Earn?

What Is Binance Super Earn?

2024-08-07 02:32

What is Binance Super Earn?

Binance Super Earn is a new way for users to earn a Special APR with selected newly listed tokens right after listing using Simple Earn Locked Products.
This exclusive, limited-time opportunity is fully sponsored by the respective token projects. It aims to reward users who hold these newly listed tokens on Binance.

How does Super Earn differ from other Binance Simple Earn Locked Products?

Super Earn is available exclusively for tokens after listing, including those airdropped via Launchpool, Megadrop, or HODLer Airdrops. Users can subscribe to Simple Earn Locked Products with these newly listed tokens and enjoy a Special APR for a limited time.

What is Special APR in Super Earn?

Special APR refers to APR rewards that are fully sponsored by the respective token projects, with the express purpose of allowing users to earn higher rewards with newly listed tokens on Binance Earn. The Special APR is generally higher than the average APR typically offered on Simple Earn Locked products.

How do I identify Super Earn products on Binance Simple Earn? Why is there a “Special Offer” tag?

On the Simple Earn page, Super Earn products are indicated with a "Special Offer" tag on the subscription interface.

What are DPR rewards?

DPR stands for Daily Percentage Rate (DPR), which represents the daily rewards in percentage that users earn when they subscribe to Super Earn products.
The calculation for DPR is as follows:
DPR = APR / 365 (to certain decimal places, depending on the cryptocurrency)

How is APR determined?

APR is determined by the amount of newly listed token(s) sponsored by the corresponding token project(s). This amount will impact the available subscription duration(s) of the Super Earn product and the period when the Super Earn product is available for subscription.

Who can participate in Super Earn?

Products and services mentioned here may not be available in your region. Generally, if Simple Earn Locked Products are available in your country, Super Earn is available - except in Brazil and Japan.
Currently, users residing in the following countries or regions will not be able to participate in Super Earn:
  • Australia, Brazil, Canada, Cuba, Crimea Region, Hong Kong, Iran, Japan, New Zealand, Netherlands, North Korea, Syria, United Kingdom, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine.
Please note that this list is non-exhaustive and may be updated periodically to accommodate changes in legal, regulatory, or other factors.

How to participate in Super Earn?

1. Log in to your Binance account and go to [Earn]. Search for the newly listed token.
2. Super Earn products are indicated with a "Special Offer" tag.
3. Select the applicable duration and subscribe to the product with the token to start earning Special APR rewards!

Where do the APR and DPR rewards come from?

The APR and DPR rewards are fully sponsored by token projects and distributed in actual rewards on a daily basis. They are limited-time offers fully contributed by the respective token project to Binance, with the express purpose of facilitating promotional activities. Please note that they are available for a limited time only during the promotion period and until the allocated amount is fully subscribed. APR and DPR refer to cryptocurrency rewards in the deposit currency and do not represent actual or predicted returns in fiat or other cryptocurrencies.
Please note that the provision of these high APRs and DPRs is not an endorsement of the projects involved, nor is it intended to serve as financial advice.

When and where are the APR rewards distributed?

APR will be distributed on a daily basis to eligible users’ Spot Wallets. The first reward will be given the day after accrual starts (two days after subscription).
Please visit the Simple Earn Locked Products FAQ for more information.

How is the APR calculated and distributed for Super Earn via Simple Earn Locked Products?

The calculation mechanism for Super Earn products is the same as Simple Earn Locked Products. Please visit the Simple Earn Locked Products FAQ for the detailed calculation.

What happens if I choose to redeem my Super Earn positions early?

Like all other Simple Earn Locked Products, users have the option to redeem their Super Earn Locked Product positions before the expiry date.
Upon choosing early redemption, the assets will be returned to your Spot Wallet within 48 to 72 hours. However, any accrued rewards will be forfeited, and any rewards already distributed will be deducted from the returned principal. This is in line with the Binance Simple Earn Terms of Use.

Why can't I see Super Earn products?

Binance occasionally offers specific products to users in certain regions or to those who meet certain criteria. As such, some products may only be visible to eligible users. Generally, if Simple Earn Locked Products are available in your country, Super Earn is also available, except in Brazil and Japan.
Please refer to the detailed list of countries where Super Earn is unavailable above.

Can I join Super Earn with my sub-account?

Sub-accounts are not eligible to participate in Super Earn.

Where can I check my Super Earn subscription and redemption history?

The subscription flow, positions, interest distribution, and subscription history can all be found under the Simple Earn Locked Products dashboard.

What are the minimum and maximum subscription limits for Super Earn?

The minimum and maximum subscription limits per individual will vary on a case-by-case basis, depending on the amount of tokens contributed by the respective token project team. Please note that these subscription limits are subject to change at Binance’s sole discretion.

Is it possible to participate in multiple Super Earn products at the same time?

Yes, you can participate in multiple Super Earn products at the same time.

Is there a time where subscription or redemption is not supported?

System maintenance occurs between 23:50 (UTC) to 00:10 (UTC) each day, during which redemptions are not supported.
For more information, please refer to:
Disclaimer: This document may have been translated and published in different languages. In the event of any inconsistency, misstatements, omissions, or errors appearing in any translated version, the English version shall prevail.
Please Note: The high Annual Percentage Rate (APR) and Daily Percentage Rate (DPR) offered through the "Super Earn" product is a limited-time opportunity fully made possible by the provision of tokens from the respective token projects. These high APR and DPR are not guaranteed to be available for an extended period and are subject to change. APR and DPR refer to cryptocurrency rewards in the Deposit Currency and do not represent actual or predicted returns in fiat or other cryptocurrencies. Please note that the provision of these high DPRs is not an endorsement of the projects involved, nor is it intended to serve as financial advice. Although the APR is annualized, the Super Earn offer is not available for a full year. For more detailed information, please refer to our Terms of Use and Risk Warning.