Binance Staking Launches ADA and ATOM Staking with Up to 24.79% APY

2021-02-10 09:24

Fellow Binancians,

Binance Staking has launched a new high-yield activity. Stake your ADA and ATOM starting from 2021-02-10 12:00 PM (UTC), to earn up to 24.79% APY.

  • Locked Staking Format: First-come, first-served basis.
  • Interest Calculation Period: From 0:00 AM (UTC) on the day after Locked Staking is confirmed to the end of the corresponding product period.
  • Interest Payout Time: On a daily basis.

Offered Products (Locked Staking)

Digital AssetsDurationMax. Single Locked Staking Limit Per UserStandard Annualized Interest RateMin. Locked Staking Limit

ADA

15 days

1,000 ADA

21.79%

1 ADA

ATOM

15 days

50 ATOM

24.79%

1 ATOM

Please note:

  • Users can view their Locked Staking assets by going to Wallets > Savings > Locked Staking.
  • The APY is adjusted daily based on the on-chain staking rewards, and the specific APY is subject to the page display on the day.
  • Unlock period for Locked Staking products: 1 day.
  • Locked Staking FAQ.
  • About early redemption: Users can choose to redeem in advance. After choosing early redemption, the principal will be returned to the spot account, and the distributed interest will be deducted from the refunded principal. Due to different global time zones, it takes 48-72 hours to receive the tokens.

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.
Thanks for your support!

Binance Team

2021-02-10

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