Binance Earn is pleased to launch a new offer on reserved BNB products and ETH storage. Complete your staked BNB product subscriptions and/or ETH storage now to earn multiple rewards:
Share of up to 220,000 ALT in free distribution bonuses
Earn up to 3.5% APR on BNB rewards and ongoing launch pool rewards using reserved BNB product trades
Earn up to 3.37% APR rewards with ETH staking trades
Offer: Staking BNB products or staking ETH for a share of up to 220,000 ALT in free distribution rewards
Offer period: 20-02-2024 at 00:00 (UTC) to 03-03-2024 at 23:59 (UTC)
During the Promotion Period, users who meet the following requirements will be eligible to participate:
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Staking BNB products using at least 0.5 BNB or staking ETH using at least 0.0001 ETH
All eligible users will then be ranked based on their net subscription amount on Reserved BNB Products and ETH Storage (where Net Subscription Amount means the total subscription amount on Reserved BNB Products and ETH Storage minus the amount of assets redeemed from Reserved BNB Products and ETH Storage) during the Promotion Period. .
The top 500 users will be eligible to receive a share of the dynamic reward pool reached during the promotion period, according to the reward distribution system below.
Dynamic bonus pool:
The total size of the dynamic reward pool reached depends on the net subscription amount on reserved BNB products and ETH storage of all eligible participants during the promotion period, and can reach up to 220,000 ALT.
Net subscription amount on reserved BNB products and ETH storage for all eligible participants during the Offer Period (USDT equivalent)
The dynamic bonus pool reached
≥ 275,000
100,000 TOTAL
≥ 300,000
150,000 TOTAL
≥ 400,000
220,000 TOTAL
Reward distribution system:
Ranking by net subscription amount on BNB products held and ETH staking during the offer period
Reward every qualified user
Dynamic bonus pool of 100,000 ALT
Dynamic bonus pool of 150,000 ALT
Dynamic bonus pool of 220,000 ALT
Positions from first to tenth
800 ALL
1,000 TOTAL
1,300 ALL
Positions from eleventh to twentieth
700 ALL
700 ALL
1,000 TOTAL
Positions from twenty-one to thirty
600 ALL
650 ALL
850 ALL
Positions from thirty-one to forty
500 ALL
550 ALL
750 ALL
Positions from 41 - 50
400 ALL
500 ALL
600 ALL
Positions from 51 to 100
300 ALL
400 ALL
500 ALL
Positions from 101 to 300
175 ALL
300 ALL
450 ALL
Positions from 301 to 500
100 EVERYTHING
180 ALL
300 ALL
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About the rewards for reserved BNB products and launch pool:
Users can subscribe to reserved BNB products using their BNB assets at any time to earn the following rewards:
Launch pool rewards (if applicable)
BNB Rewards (refer to latest annual percentage rate)
Only users in eligible countries/regions will automatically receive launch pool rewards for holding reserved BNB product trades.
Users do not need to manually redeem BNB assets from BNB products reserved to participate in launch pools.
The calculation of launch pool rewards is the same, regardless of whether users subscribe to reserved BNB products or store BNB directly in launch pools.
If there are multiple projects on the launch pool simultaneously, users' BNB assets in the reserved products will be automatically allocated equally to each launch pool project in which the user is eligible to participate.
Read more: Binance Expands Launch Pool Rewards to Users Holding Reserved BNB Product Trades.
Terms and Conditions:
Only users who complete authentication and confirm their participation during the offer period can qualify for rewards from this offer.
Binance reserves the right to amend the annual percentage rates at any time and without prior notice. Please refer to the Binance Simple Earn Terms of Use before using reserved BNB products or any other products on the Binance Simple Earn platform, as well as the ETH Storage Terms and Conditions on Binance (Binance) before using ETH storage.
Users can also view the most frequently asked questions about Simple Earn's reserved products and ETH storage to learn more information.
The rewards specified in the table above are limited to the top 500 eligible users only.
Sub-accounts will not be considered separate accounts when participating in this offer.
ALT token rewards will be distributed to eligible users by 03-29-2024 at 23:59 (UTC). Users can find their rewards via Profile > Assets > Instant Wallet.
Binance reserves the right to disqualify any participants who, in its reasonable opinion, display signs of fraudulent behavior or otherwise do not comply with the applicable terms and conditions.
Binance reserves the right to cancel or modify the offer or its rules at its sole discretion.
Binance Simple Earn will redeem digital assets/coins subscribed on Simple Earn Reserved Products to Flexible Products at the end of the agreed upon subscription period. The value of digital assets/cryptocurrencies is volatile and subject to change.
Users can view their assets on Simple Earn's booked and flexible products by visiting Portfolios > Earnings.
Users can enable the “Auto-Subscribe” function before completing subscriptions on BNB Reserved Products, which will automatically roll over users' existing Reserved Product trades into a new trade of the same duration upon expiration.
Cancellation period for reserved products: one day.
About early redemption of reserved Simple Earn products: Users can redeem their assets early. If early redemption is chosen, the digital assets will be returned to the instant account, and users will not be entitled to any rewards. Any bonuses distributed will be deducted from the redeemed capital. It may take between 48-72 hours to receive digital assets.
Additional offer terms and conditions can be accessed here.
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