This is a general announcement and marketing communication. Products and services referred to here may not be available in your region.
*Note: This announcement was updated on 2025-01-09 (UTC) to add pool status.
Binance Wallet is excited to launch a campaign with Haedal, where eligible users will earn a 30% boosted APR on Simple Yield SUI Haedal Pool for 21 days.
Promotion Period: 2025-01-08 00:00:00 to 2025-01-29 23:59:59 (UTC)
Promotion: Stake a minimum of 5 SUI on SUI Haedal pool to Earn Up to 33% APR* for 21 days.
*The base APR may change from time to time. Daily Percentage Rate (DPR) is approximately 0.09%.
During the campaign period, all users who opt-in to the campaign and stake at least 5 SUI to the SUI Haedal pool on Binance Wallet can earn 30% Boosted APR in addition to Real-Time APR. The 30% boosted APR rewards are distributed in Haedal Tokens. Total rewards pool is $300,000 in Haedal token, available on a first-come, first-served basis.
*Once successfully staked, you'll receive haSUI on the Sui Chain in your wallet.
*The prize pool deposit limit was reached in January 09, 13:17:32 (UTC), 2025. Users who stake after the boosted APR allocation filled may not receive any boosted rewards, but only real-time base APR.
Note:
Total Individual Rewards during the promotion period = Qualified Amount of SUI staked in SUI Haedal Pool × 30% × Duration of Staking / 365
Maximum Duration of Staking for Promotion is 21 days, the individual quota limit is 150,000 SUI.
For example, if a user stakes 150,000 SUI for 21 days, the estimated reward will be: 150,000 SUI x 30% x 21 / 365 = 2,589 SUI equivalent of Haedal tokens. Binance will use the real-time SUI/USD exchange rate for rewards distribution.
During the promotion, the prize pool will be filled when the staked pool TVL reaches $17,000,000 in SUI. Users staking after the prize pool's boosted APR allocation is filled may not receive any boosted rewards, but will still be able to enjoy the real-time base APR from the Simple Yield SUI Haedal Pool.
How to Participate:
Update your Binance App to the latest version;
Click [Join Now] on the campaign page to confirm your participation;
Login with Binance Wallet - [Earn] - [Simple Yield] - [Protocol] - [Haedal] - [SUI];
Stake a minimum of 5 SUI on SUI Haedal pool under Simple Yield.
>> Learn how to stake on the Simple Yield SUI Haedal pool in Binance Wallet.
Notes:
Only users who opt-in to the campaign and complete the requirements above are eligible to receive rewards.
ONLY backed-up Binance MPC wallets that opt-in to the campaign are eligible to share the rewards.
Users are able to redeem their SUI on Haedal’s dApp. Your redemption may take around 24 hours to be processed. Please follow Haedal’s official Discord for more information.
Total SUI Staking Amount during the promotion period = Total staked amount of SUI - Total redeem amount of SUI - Total withdrawal amount of SUI from Binance Wallet
Only staked SUI in the Binance Wallet - [Earn] - [Simple Yield] - [Protocol] - [Haedal] - [SUI] during the campaign period will be considered in the reward calculations.
The APR Boost Rewards will be distributed in Haedal tokens. Haedal token rewards will be airdropped all at once on the Sui Chain to your Binance Wallet after the Token Generation Event (TGE). Please follow Haedal’s Discord for more information. Token rewards can be previewed within 4 weeks after the Activity ends. You can preview your reward history in the Binance Wallet by navigating to Discover > Airdrop Zone > Rewards > Details.
Rewards will not be distributed to users who delete or deactivate their Binance Wallets.
The total prize pool for this activity is inclusive of gas fee that may incur during the distribution of rewards.
The relevant terms and conditions apply. Please ensure you have reviewed and understood the terms and conditions.
What is Haedal and haSUI?
Haedal is a liquid staking protocol built on Sui that allows anyone to stake their SUI tokens to contribute to governance and decentralisation of the Sui blockchain. In the meantime, users will get haSUI in return so that they can continue to participate in DeFi activities to earn additional yields.
haSUI stands for Haedal staked SUI, it is minted when you stake SUI via Haedal. This is a yield bearing token which represents your ownership of the SUI staked via Haedal. As the staking pool earns validator rewards for securing the Sui network, the value of haSUI will appreciate vs SUI. haSUI will have all primary utilities of SUI, and is usable across the Sui ecosystem.
Terms & Conditions:
These terms and conditions (“Activity Terms”) govern your participation in this Haedal activity (“Activity”). By participating in this Activity, users agree to these Activity Terms, and the following additional terms: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Policy; all of which are incorporated by reference into these terms and conditions.
In the case of any inconsistency or conflict between these Activity Terms, and any other incorporated terms, Binance reserves the right in its sole power and discretion to determine the correct interpretation of any potentially inconsistent or conflicting terms.
Only users from qualified regions who click the [Join Now] button on this page, complete KYC and hold an active Binance Wallet shall be eligible for any rewards.
Rewards will not be distributed to users who delete or deactivate their Binance Wallets.
Binance reserves the right to disqualify a user’s reward eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegally bulk account registrations, self dealing, or market manipulation).
Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these Activity Terms without prior notice, including but not limited to canceling, extending, terminating or suspending this Activity, its eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all users shall be bound by these amendments.
Binance shall not be liable for any losses or damages users may incur as a result of their participation in the event and/or use of the services.
There may be discrepancies in the translated version of this original article in English. Please reference this original English version for the latest or most accurate information where any discrepancies may arise.
Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Disclaimer
Binance Wallet is an optional product. It is your responsibility to determine if this product is suitable for you. Binance is not responsible for your access or use of third-party applications (including functionality embedded within the Binance Wallet) and shall have no liability whatsoever in connection with your use of such third-party applications, including, without limitation, any transactions you dispute. Please carefully review the Binance Wallet Terms of Use and always do your own research.
