Binance Staking will provide 36.79% APY on locked-staking activity
Binance Staking is excited to say that a new set of Locked Staking events will start in June. Starting at 12:00 PM UTC on 20 June 2022, you can stake your ADA, AVAX, DOT, QTUM, and SOL to earn up to 36.79% APY*.
First-come, first-served format for locking stakes
Reward Calculation Period: From 00:00 AM (UTC) on the day you add cryptocurrency to a staking pool to the end of the staking period.
Every day, reward payments are sent out.
Binance Staking will return staked Digital Assets/Digital Currencies to users’ spot wallets at the end of the agreed-upon staking time. Digital Assets and Digital Currencies are worth different amounts at different times.
Go to Wallets > Earn > Locked Staking > Locked to look at their Locked Staking assets.
Goods that are locked for Staking can be unlocked after one day.
Users can cash in their assets early if they want to. When you choose early redemption, the staked Digital Assets are returned to the spot account and any incentives that were given out are subtracted from the staked Digital Assets. The Digital Assets might not arrive for 48–72 hours.
Please remember that the APY calculation gives you a rough idea of how much you will earn in Digital Assets over the given term. It doesn’t show the current or expected APY in any fiat currency. The APY changes every day, and the actual profits may be different from what was expected.
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