Binance Staking Launched A New High-Yield ACH Alchemy Pay Locked Staking
Binance Staking has launched a series of new high-yield ACH Locked Staking activities. Stake your ACH starting from 2022-02-09 at 12:00 PM (UTC) to earn multiple rewards.
Activity 1: Deposit & Stake ACH for 10, 30, 60, or 90 Days, Enjoy Up to 200.00% 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.
| Digital Assets | Duration | Max. Locked Staking Limit Per User | Standard Annualized Interest Rate | Min. Locked Staking Limit |
ACH | 10 days | 2,000 ACH | 200.00% | 1 ACH |
ACH | 30 days | 100,000 ACH | 25.00% | 1 ACH |
ACH | 60 days | 10,000 ACH | 30.00% | 1 ACH |
ACH | 90 days | 5,000 ACH | 40.00% | 1 ACH |
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.
Activity 2: Buy & Stake ACH to Share 350,000 ACH
Promo Period: 2022-02-09 12:00 PM (UTC) – 2022-02-16 11:59 AM (UTC)
During the promotion period, users who spot-trade ACH tokens (net purchase amount = purchase amount – sell amount > 16,000 ACH) and participate in 30/60/90 days of ACH Locked Staking are eligible to participate in the activity.
500 users will be selected from all eligible participants based on the Award Selection Rules Based on Binance Chain Hash Value, to each win 700 ACH tokens.
Activity 3: New Locked Staking Users to Share 360,000 ACH
Promo Period: 2022-02-09 12:00 PM (UTC) – 2022-02-16 11:59 AM (UTC)
The first 500 users who participate in Locked Staking for the first time and subscribe to ACH Locked Staking during the promotion period are eligible to share 360,000 ACH in rewards.
Sort by ACH Staking Subscription Time | Reward Amount for Every Eligible User |
1st -100th Places | 1,000 ACH |
101st – 200th Places | 800 ACH |
201st – 300th Places | 700 ACH |
301st – 400th Places | 600 ACH |
401st – 500th Places | 500 ACH |
Terms and conditions:
- The ACH rewards of Activity 2 and Activity 3 will be allocated to recipients’ Binance Wallets within two weeks after the activity ends. Users can see their rewards by selecting the Account > Wallet > Distribution.
- The 10-day ACH Locked Staking is a high-yield activity, therefore it is not included in Activity 2.
- Binance reserves the right to disqualify any participants showing signs of fraudulent behavior immediately.
- Binance reserves the right to cancel or amend the Activity or Activity Rules at our sole discretion.
Source:
https://www.binance.com/en/support/announcement/a3a8535a99174ca89b2057f1ef527d82
