Binance Staking launches SRM and VGX high-yield lock-up activities

The Binance Staking platform will launch SRM and VGX high-yield lock-up activities on September 23, 2021 at 20:00 (Eastern Eighth District time), with an annualized rate of up to 9.25%. 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
SRM 30 days 4,000 SRM 5.58% 1 SRM
SRM 60 days 1,000 SRM 6.84% 1 SRM
SRM 90 days 500 SRM 8.95% 1 SRM
VGX 30 days 10,000 VGX 6.12% 1 VGX
VGX 60 days 4,000 VGX 7.24% 1 VGX
VGX 90 days 1,000 VGX 9.25% 1 VGX

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