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While Binance, the world's largest cryptocurrency exchange, continues its altcoin announcements, another announcement came for Floki Inu ($FLOKI).
At this point, Binance Simple Earn announced that it started staking transactions for FLOKİ and stated that users can earn increased APR of up to 35.9%.
“Binance Simple Earn is excited to launch $FLOKI Locked Products!
Complete $FLOKI subscriptions on Simple Earn Locked Products during the Promotion Period to receive increased APR rewards of up to 35.9%.
The Promotion Period has been determined as between 02-11-2023 at 10:00 UTC and 02-12-2023 at 9:59 UTC.”
Responding to Binance's $FLOKI staking announcement, the Flokı Inu team stated that they were proud to work with Binance.
“Due to strong demand, Binance has launched staking for $FLOKI on the Binance Simple Earn program.
You can now earn up to 35.9% increased APR by staking your Floki tokens with Binance.
“Floki is proud to work with Binance, the world's largest, most trusted and best-known crypto brand.”
$FLOKI continues to be traded at $0.00003235, increasing by 3.6% in the last 24 hours.
Based on strong demand, #Binance has launched staking for $FLOKI in their Simple Earn program.
You can now earn boosted APR of up to 35.9% by staking your #Floki tokens with Binance.#Floki is proud to work with @Binance, the world's biggest, most trusted, and most recognized… https://t.co/FPRMec9wd1
— $FLOKI (@RealFlokiInu) November 2, 2023
*This is not investment advice.