Binance Staking Has Launch New MC And MOVR Locked Staking
Binance Staking has officially launched MC and MOVR Locked Staking. Stake your MC and MOVR starting from 2022-02-08 at 12:00 PM (UTC) to earn up to 73.38% 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.
| Digital Assets | Duration | Max. Locked Staking Limit Per User | Standard Annualized Interest Rate | Min. Locked Staking Limit |
MC | 30 days | 3,000 MC | 55.29% | 0.1 MC |
MC | 60 days | 1,000 MC | 69.58% | 0.1 MC |
MC | 90 days | 500 MC | 73.38% | 0.1 MC |
MOVR | 30 days | 200 MOVR | 16.28% | 0.01 MOVR |
MOVR | 60 days | 50 MOVR | 18.59% | 0.01 MOVR |
MOVR | 90 days | 10 MOVR | 22.45% | 0.01 MOVR |
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.
- Locked Staking FAQ.
- 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/860948e0b0cb4b4db5f6ec657c08241a
