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Binance Launches WOO Staking: Enjoy Up to 10.90% Rewards Rates!

source-logo  binance.com 06 September 2022 04:15, UTC
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance Staking has launched WOO Locked Staking. Stake your WOO from 2022-09-06 at 12:00 (UTC)to earn multiple rewards.
  • Locked Staking Format: First-come, first-served basis.
  • Reward Calculation Period: From 00:00 (UTC) on the day after you add your cryptocurrency to a staking pool, until the end of the staking period.
  • Reward Payout Time: On a daily basis.
Offered Products (Locked Staking)
Digital Assets
Duration
Max. Locked Staking Limit Per User
Standard Annualized Interest Rate
Min. Locked Staking Limit Per User
WOO
30 days
12,000 WOO
5.95%
0.1 WOO
WOO
60 days
1,000 WOO
7.50%
0.1 WOO
WOO
120 days
300 WOO
10.90%
0.1 WOO
Please note:
  • Binance Staking will return staked digital assets/digital currencies to users’ spot wallets at the end of the agreed staking period. The value of digital assets/digital currencies fluctuates and is subject to change.
  • Users can view their Locked Staking assets by going to Wallets > Earn > Locked Staking > Locked.
  • Users can enable the “Auto-Stakingfunction before completing subscriptions to Staking products, which will automatically add their digital assets/digital currencies to the staking pool again at the end of the staking period.
  • Unlock period for Locked Staking products: One day.
  • Locked Staking FAQ.
  • About early redemption: Users can choose to redeem their assets in advance. After choosing early redemption, the staked digital assets will be returned to the spot account, and any distributed rewards will be deducted from staked digital assets. It may take 48-72 hours to receive the digital assets.
  • Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
binance.com