Binance Staking has officially launched a series of new high-yield FARM Locked Staking activities.
FARM Staking Special Event. Table of Contents
The Binance Staking platform will launch a multi-FARM high-yield lock-up event on August 19, 2021 at 20:00 (East Eighth District time), with multiple benefits, you can choose.
1. Deposit and Stake FARM and Enjoy Up to 33.52% APY
You can choose from 15, 30, 60, and 90-day cycles. The annualized rate is as high as 33.52%. You are invited to experience it.
- Participation method:
- First come first served
- Interest calculation cycle:
- From 08:00 (East Eighth District Time) on the next day when the lock is successful, to the end of the corresponding regular product cycle
- Interest distribution:
- Daily distribution
| Digital Assets | Duration | Max. Locked Staking Limit Per User | Standard Annualized Interest Rate | Min. Locked Staking Limit |
|---|---|---|---|---|
| FARM | 15 days | 1 FARM | 33.52% | 0.2 FARM |
| FARM | 30days | 50 FARM | 12.12% | 0.2 FARM |
| FARM | 60 days | 20 FARM | 14.29% | 0.2 FARM |
| FARM | 90 days | 10 FARM | 16.25% | 0.2 FARM |
Staking assets can be checked regularly in Wallet> Wealth Management Account> Staking>.
The rate of return is adjusted daily based on the on-chain revenue, and the specific value is subject to the page display on the day.
Enjoy Up to 33.52% APY on Binance
2. Buy & Stake FARM to Share 15,000 BUSD Worth of FARM
Buy and pledge FARM, and share 15,000 BUSD equivalent FARM prize!
The promotion period is from 20:00 on August 19, 2021 to 19:59 on August 26, 2021 (East Eighth District Time).
During the event, the FARM spot transaction net purchase amount (buy-sell) is greater than 1 FARM, and the first 500 users who participate in the purchase of FARM Staking products for 30, 60, and 90 days will be able to share 15,000 BUSD equivalent FARM, and each will Get 30 BUSD equivalent FARM, first come first served, come to buy!
Get a share of 15,000 BUSD Worth of FARM
3. New Locked Staking Users to Share 15,000 BUSD
Binance Staking new users will share 15,000 BUSD!
The promotion period is from 20:00 on August 19, 2021 to 19:59 on August 26, 2021 (East Eighth District Time).
During the event, the first 500 new users who participated in staking for the first time (users who have never used Binance Staking), if they participate in FARM Staking subscription, they will be able to share 15,000 BUSD rewards together.
| Sort by FARM Staking Subscription Time | Reward Amount for Every Eligible User |
|---|---|
| 1st – 100th Places | 50 BUSD |
| 101st – 200th Places | 40 BUSD |
| 201st – 300th Places | 30 BUSD |
| 301st – 400th Places | 20 BUSD |
| 401st – 500th Places | 10 BUSD |
The rewards of activities two and three will be distributed to the user’s spot wallet within two weeks after the end of the activity. Click “User Center-Wallet- Distribution ” to view.
The exchange rate between FARM and BUSD: the real-time exchange rate of FARM/BUSD on the Binance platform at the time the reward is issued shall prevail.
The 15-day FARM Staking product is a high-yield lock-up activity, so it is not included in activity two.
Please check Binance official website or contact the customer support with regard to the latest information and more accurate details.
Binance official website is here.
Please click "Introduction of Binance", if you want to know the details and the company information of Binance.
Comment by Hans
April 24, 2024
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