Binance Staking Launches KLAY and SAND Staking with Up to 25.15% APY

Fellow Binancians,

Binance Staking has officially launched a new high-yield activity. Stake your KLAY and SAND starting from 2021-07-01 12:00 PM (UTC) to earn up to 25.15% APY.

Locked Staking Format: First-come, first-served basis.
Interest Calculation Period: From 0:00 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
KLAY	15 days	200 KLAY	21.31%	1 KLAY
KLAY	30 days	10,000 KLAY	6.54%	1 KLAY
KLAY	60 days	5,000 KLAY	8.12%	1 KLAY
KLAY	90 days	2,000 KLAY	10.37%	1 KLAY
SAND	30 days	40,000 SAND	12.36%	1 SAND
SAND	60 days	20,000 SAND	19.59%	1 SAND
SAND	90 days	10,000 SAND	25.15%	1 SAND

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.

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make the best efforts to choose high-quality coins, but will not be responsible for your trading losses.
Thanks for your support!

Binance Team

2021-07-01

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