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Dear Binance members,
Binance Simple Earn is excited to announce two promotions on Simple Earn Flexible IOST Products! During the promotion period, users who subscribe to Simple Earn Flexible IOST Products will be eligible to enjoy an additional 20% tiered APR on top of the instant APR rewards. Users who subscribe during the promotion period can also earn up to 20,000 IOST token vouchers.
Show period: 18-12-2024 00:00 (UTC) to 17-01-2025 23:59 (UTC)
Offer A: Enjoy up to 20% additional Tiered APR rewards with IOST Flexible Products
Subscription System: Complete the subscription process according to the priority according to the conditions below.
Distribution of rewards:
Tiered Annual Percentage Rate: Distributed to users' instant wallets daily. The first reward will be awarded the day after the start of the accrual (2 days after signing up).
Real-time Annual Percentage Rate: It is generated and accumulated directly in users' Earn wallets every minute.
Products on display
Offer B: Sign up for IOST Flexible Products to earn up to 20,000 IOST in rewards
All users who confirm their participation and achieve a net subscription amount on IOST Flexible Products of at least 2,000 IOST during the Promotion Period will be ranked according to the net subscription amount on IOST Flexible Products during the Promotion Period.
The top 500 eligible participants will be eligible for IOST token voucher rewards, according to the reward system below.
Net subscription amount for IOST flexible products = Total IOST amount used to subscribe to Simple Earn flexible products - Total IOST amount refunded from Simple Earn flexible products
Reward Distribution System:
How to get started with IOST flexible products:
Buy IOST on the Buy Crypto page, which supports payment methods including Visa, Mastercard, Apple Pay, Google Pay, and wallet balances. Users can also Deposit IOST to their Binance accounts.
Go to [Simple Earn], and search for IOST.
Choose Flexible, and sign up for Simple Earn's flexible IOST token products to start earning rewards!
Terms and Conditions:
Changes to the Simple Earn reward rate will be posted on the platform from time to time. Please refer to the Binance Simple Earn Terms and Conditions Risk Warning for more information before using Simple Earn.
Rewards:
Exhibit A:
The additional tiered APR is offered as an additional reward on top of the spot APR. Upon subscription, the additional tiered APR rewards will start accruing the next day starting at 00:00 (UTC). The rewards will start being distributed the next day after accrual starts between 00:00 (UTC) and 08:00 (UTC) to the user’s spot wallet.
All users with open positions in IOST Flexible Products will receive both Instant APR and Tiered APR rewards during the promotion period. Once the promotion ends, users will only be eligible for Instant APR rewards.
Tiered APR bonuses are calculated based on subscribed amounts and are subject to the tier limit for each token. Please refer to FAQ for more details.
Show B:
Token voucher rewards will be distributed within three weeks after the end of the promotion. Users can claim Token voucher rewards via their profile >Rewards section.
All token voucher rewards will expire within 30 days after distribution. Eligible users must claim their vouchers before the expiration date.Learn how to redeem a voucher.
Assets you deposit into Simple Earn products may be loaned to other Binance users (e.g., leveraged trading products and crypto loans).
A large number of redemption requests may cause temporary delays in the redemption process. Redemptions may resume once liquidity returns.
Users can view their Flexible Product assets by going to Wallets > Earn > Simple Earn.
Redemption time for subscriptions to flexible products: Immediate.
Binance reserves the right to disqualify any participants who tamper with the Binance Software script, or interfere with the operation of the Binance Software script using any other software.
Binance reserves the right to disqualify any participants who it deems, in its reasonable discretion, to be acting fraudulently or in violation of the applicable Terms and Conditions.
Binance reserves the right to cancel or amend the Offer or its rules at its sole discretion.
Additional offer terms and conditions can be accessed here.
There may be a discrepancy between this original English content and any translated versions. In the event of any discrepancy, please refer to the original English version for the most accurate information.
Thank you for your support!
Binance Team
2024-12-18