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FDUSD Flexible Products: Enjoy 6% Bonus Tiered APR in Rewards Now!

source-logo  binance.com 01 September 2023 08:04, UTC
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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

binance.com