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Hello Binance members, 

Binance Simple Earn is pleased to launch an offer on flexible Simple Earn products reserved for Artificial Superintelligence Alliance (FET) tokens! During the Offer Period, users who subscribe to Simple Earn products for FET tokens can enjoy an exclusive additional tiered APR of 4.8% on top of the instantaneous APR bonuses on Flexible FET products and up to 10.7% APR on reserved FET products! 

Enjoy up to 10.7% APR rewards with Earn products for FET tokens

  • Offer period: 12-07-2024 at 00:00 (UTC) to 11-08-2024 at 23:59 (UTC)

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

  • Reward distribution: 

    • 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.

    • Annual Percentage Rate of Reserved Product: Distributed to users' spot wallets daily.

Displayed Products (Flexible and Reserved Products)

Digital asset

Period

The annual percentage rate during the offer period

Minimum subscription per user

Maximum subscription per user

DONE

flexible

Real-time annual percentage rate 

+ 

Additional graduated annual percentage rate of 4.8% 

(0.1 - 500 DONE)

0.1 DONE

2,500,000 DONE

30 days

%2.9

0.1 DONE

100,000 DONE

60 days

%4.6

0.1 DONE

100,000 DONE

90 days

%6.9

0.1 DONE

100,000 DONE

120 days

%10.7

0.1 DONE

5,000 DONE

Terms and Conditions:

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

  • Flexible products:

    • 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 on the next day starting at 00:00 (UTC). The bonuses 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 Flexible FET products will receive rewards of both Real Time APR and Trailing APR 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.

  • Reserved products:

    • Binance reserves the right to amend the annual percentage rates at any time after the end of the offer period without prior notice.

    • Bonus calculation period: from 00:00 (UTC) on the day following your subscription for the reserved products, until the end of the subscription period.

  • Users can view their assets on Simple Earn's reserved and flexible products by visiting Wallets > Earn.

  • Redemption time for subscriptions on Flexible Products: Immediate. 

  • Cancellation period for reserved products: one day. 

  • About early redemption of reserved Simple Earn products: Users can redeem their assets early. 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 distributed bonuses (accrued or otherwise) will be deducted from the redeemed capital. It may take between 48-72 hours to receive digital assets.

  • Binance reserves the right to disqualify any participants who tamper with the Binance script, or interfere with the operation of the Binance script using any other software.

  • 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 conflict 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

2024-07-12