This announcement is general in nature. Products and services mentioned herein may not be available in your area.
Hello Binancians,
Binance Simple Earn is pleased to announce the update of the EOS (EOS) Locked Product. Complete an EOS subscription on the Simple Earn Locked Product during the Promotion Period to get up to 29.9% APR* rewards!
EOS Locked Product Mechanism
Promotion Period: The increased APR is only valid during the period between 2024-12-05 at 17:00 WIB and 2025-01-05 at 16:59 WIB. After the promotion ends, the APR will revert to the normal on-chain rate.
Subscription Format*: First come, first served. Minimum subscription amount, maximum subscription limit, and duration requirements apply, and will impact the amount of APR rewards a user receives. Sponsored Rewards. See table below and notes in this announcement for more details.
Reward Calculation Period: Starting at 07.00 WIB on the day after an eligible subscription for a Locked Product is completed until the end of the subscription period.
Reward Distribution: Every day.
Products Offered (Locked Products)
How to Get Started with EOS Locked Products
Buy EOS on the Spot Market or via the Buy Crypto page which supports payment methods including Visa and Mastercard, Apple Pay, Google Play, and wallet balances. Users can also deposit EOS to their Binance account.
Visit [Earn], then search for EOS.
Select a Duration, then grab an EOS subscription to start earning up to 29.9% APR daily!
Please note:
Changes to the Simple Earn Reward Tier will be published on the Platform from time to time. Please read Binance Simple Earn Terms & Conditions and Risk Warning for more information before using Simple Earn.
Users can view their Locked Product subscriptions by going to Wallet > Earn > Simple Earn > Locked.
Unlocking period for Locked Products: One day.
For early redemptions of Simple Earn Locked Products, assets are generally returned to your Spot Account within 72 hours of the redemption request. However, delays may occur due to extraordinary circumstances such as extreme market volatility, network outages, protocol failures, or a high volume of simultaneous redemption requests. For more information on the associated risks, please read the risk warning.
Please note: The promotional APRs offered by Binance are supplemented in part through sponsored partnerships with our token partners. These collaborations allow us to provide competitive and/or enhanced APRs to our valued Binance users.
There may be differences between the original English content and the translated versions in other languages. Please refer to the original English version for the most accurate information if any discrepancies arise.
Thank you for your support!
Tim Binance
05-12-2024