OAX Staking with Up to 23% APY
The Binance Staking platform will launch the OAX high-yield lock-up event on August 3, 2021 at 20:00 (East Eighth District time), with an annualized rate of up to 23%. 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 |
|---|---|---|---|---|
| OAX | 30 days | 40,000 OAX | 10.00% | 1 OAX |
| OAX | 60 days | 20,000 OAX | 18.00% | 1 OAX |
| OAX | 90 days | 10,000 OAX | 23.00% | 1 OAX |
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.
Unlock period for Locked Staking products is 1 day.
Regarding early redemption: Users can choose to redeem early. After early redemption, the principal will be returned to the user’s spot account, and the interest earned will be deducted from the returned principal. Due to different time zones around the world, it takes 48-72 hours to arrive at the account.
Go to Binance’s Official Website
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.
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April 24, 2024
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