This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance Simple Earn is excited to launch a promotion for FDUSD on Simple Earn Flexible Products! Complete subscriptions to FDUSD on Simple Earn Flexible Products during the Promotion Period to enjoy an exclusive Bonus Tiered APR of 6% on top of Real-Time APR rewards.
-
Promotion Period: 2023-09-02 00:00 (UTC) to 2023-09-15 23:59 (UTC)
-
Subscription Format: Complete subscription on a first-come, first-served basis in accordance with the terms below.
-
Reward Payout:
-
Bonus Tiered APR: Distributed to users’ Spot Wallets on a daily basis.
-
Real-Time APR: Accrued and directly accumulated in users’ Earn Wallets every minute.
-
Offered Products (Flexible Products)
Digital Asset |
Duration |
Standard APR |
APR During Promotion Period |
Min. Subscription Limit per User |
Max. Subscription Limit per User |
FDUSD |
Flexible |
Real-Time APR |
Real Time APR + 6% Bonus-Tiered APR (0 - 1,000 FDUSD) |
0.1 FDUSD |
Unlimited |
Please note:
-
Please refer to Binance Simple Earn Terms & Conditions prior to using any products on the Binance Simple Earn platform.
-
Bonus Tiered APR is offered as an additional reward on top of Real-Time APR. Upon subscription, Bonus Tiered APR rewards start to accrue the next day starting from 00:00 (UTC). Rewards will start to be distributed the following day after accrual starts between 00:00 (UTC) and 08:00 (UTC) to the user’s Spot Wallet.
-
All users who hold open positions for FDUSD Flexible Products will receive both Real-Time APR and Bonus Tiered APR rewards during the Promotion Period. Once the promotion ends, users will be entitled to Real-Time APR rewards only.
-
Bonus Tiered APR rewards are calculated based on the subscribed amounts and are subject to the respective tier limit for each token (i.e., 0 - 1,000 FDUSD per user for FDUSD Flexible Products). Please refer to the FAQ for more details.
-
Users can view their Flexible Products assets by going to Wallets > Earn > Simple Earn > Flexible.
-
Users can enable the “Auto-Subscribe” function before completing subscriptions to Flexible Products, which allows users to automatically subscribe to the corresponding Flexible Products using the same asset from the Spot Wallet.
-
Redemption time for Flexible Products subscriptions: Instant.
-
Binance reserves the right to disqualify any participants that, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.
-
Binance reserves the right to cancel or amend the Promotion or Promotion Rules at its sole discretion.
-
Additional promotion terms and conditions can be accessed here.
-
Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
Binance Team
2023-09-01