This is a general announcement. The products and services mentioned here may not be available in your region.
Caros Binancers,
Binance Simple Earn is adding List (LIST) in Locked Products. Complete registrations for Simple Earn LIST Blocked Products during the promotion period to receive up to 11.9%* in APR rewards!
Mechanism in LIST Blocked Products
Promotion Period: Entries must occur between 07:00 on 07/02/2024 (BRT) and 06:59 on 01/02/2025 (BRT) for entries to be considered eligible.
Registration format*: on a first-come, first-served basis. Minimum sign-up value, maximum limits, and duration requirements apply and will affect the amount of APR rewards users will receive. See the table below and the notes in this announcement for more details.
Reward calculation period: from 21:00 (BRT) on the day of completion of eligible registration in Locked Products, until the end of the registration period.
Rewards distribution: daily.
Products offered (Blocked Products)
How to get started with LIST Blocked Products
Go to [Earn] and search for LIST.
Select Duration and sign up with LISTA to start earning up to 11.9% APR daily!
Notes:
Binance reserves the right to adjust APRs at any time after the promotion period without prior notice. Please review the Binance Simple Earn Terms and Conditions before using any product on the Binance Simple Earn platform.
Binance Simple Earn will redeem digital assets/currencies enrolled in Simple Earn Locked Products for Flexible Products at the end of the agreed subscription period. The value of digital assets/currencies fluctuates and is subject to change.
Users can view their subscriptions to Locked Products by going to Wallet > Earn > Simple Earn > Blocked.
Users can enable the "Auto-Enroll" function before completing Locked Product sign-ups, which will automatically renew users' existing Locked Product position into a new position of the same duration upon expiration.
Unlock period for Locked Products: one day.
About early redemption for Simple Earn Locked Products: Users can redeem their assets early. 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 reward distributed will be deducted from the principal amount returned. It may take 48 to 72 hours to receive digital assets back to users' Spot account.
Sponsored Rewards are contributions made by the respective protocol team to Binance for the express purpose of facilitating promotional activities.
There may be discrepancies in the translated version of this original article in English. Please refer to the original version for the most recent or accurate information where discrepancies may arise.
Thank you for your support!
Binance Team
02/07/2024