Binance has announced the introduction of SEI to its Simple Earn Locked Products. From 12:00 (UTC) on December 26, 2023, subscriptions to SEI Locked Products will commence, presenting an opportunity to earn up to 5.8% in APR rewards.
Subscriptions are processed on a first-come, first-served basis. The calculation period for rewards commences from 00:00 (UTC) on the day post subscription to the Locked Products, lasting until the end of the subscription period. Rewards will be distributed on a daily basis.
The details of the offered Locked Products are as follows:
1. Digital Asset: SEI
- Duration: 30 days
- Standard APR: 3.9%
- Min. and Max. Subscription Limit per User: 0.1 SEI & 50,000 SEI respectively.
2. Digital Asset: SEI
- Duration: 60 days
- Standard APR: 4.5%
- Min. Subscription Limit per User: 0.1 SEI
- Max. Subscription Limit per User: 30,000 SEI
3. Digital Asset: SEI
- Duration: 120 days
- Standard APR: 5.8%
- Min. Subscription Limit per User: 0.1 SEI
- Max. Subscription Limit per User: 1,000 SEI