Binance Staking Launches FET and ALPHA Staking. Here are the details.
FET and ALPHA Staking on Binance Staking
The Binance Staking platform will launch FET and ALPHA high-yield lock-up activities on September 02, 2021 at 20:00 (East Eighth District time), with an annualized rate of 10.56%. 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 |
|---|---|---|---|---|
| FET | 30 days | 40,000 FET | 7.24% | 1 FET |
| FET | 60 days | 10,000 FET | 8.21% | 1 FET |
| FET | 90 days | 5,000 FET | 10.56% | 1 FET |
| ALPHA | 30 days | 20,000 ALPHA | 3.12% | 1 ALPHA |
| ALPHA | 60 days | 8,000 ALPHA | 4.25% | 1 ALPHA |
| ALPHA | 90 days | 3,000 ALPHA | 6.26% | 1 ALPHA |
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.
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.
Comment by Hans
April 24, 2024
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