Binance Staking Has Launched ERN & CELO Locked Staking

Binance Staking has officially launched ERN, and CELO Locked Staking. Stake your ERN and CELO starting from 2022-01-13 at 12:00 PM (UTC) to earn up to 100.00% APY.
  • Locked Staking Format: First-come, first-served basis.
  • Interest Calculation Period: From 00:00 AM (UTC) on the day after Locked Staking is confirmed to the end of the corresponding product period.
  • Interest Payout Time: On a daily basis.
Offered Products (Locked Staking)
Digital Assets Duration Max. Locked Staking Limit Per User Standard Annualized Interest Rate Min. Locked Staking Limit
ERN
10 days
375 ERN
100.00%
1 ERN
ERN
30 days
500 ERN
15.00%
1 ERN
ERN
60 days
1,000 ERN
20.00%
1 ERN
CELO
30 days
10,000 CELO
5.05%
1 CELO
CELO
60 days
2,000 CELO
6.35%
1 CELO
CELO
90 days
1,000 CELO
8.37%
1 CELO
Please note:
  • Users can view their Locked Staking assets by going to Wallets > Earn > Locked Staking > Locked.
  • The APY is adjusted daily based on the on-chain staking rewards and the specific APY is subject to the page display on the day.
  • Unlock period for Locked Staking products: 1 day.
  • About early redemption: Users can choose to redeem in advance. After choosing early redemption, the principal will be returned to the spot account, and the distributed interest will be deducted from the refunded principal. Due to different global time zones, it takes 48-72 hours to receive the tokens.

Source:
https://www.binance.com/en/support/announcement/65db61221c6f42cf87e1cb143c6ea1e9

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