Binance Staking Launches ERN and CELO Staking with Up to 100% APY

Fellow Binancians,

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.
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. You are advised that Binance is not responsible for your trading losses.

Thanks for your support!

Binance Team

2022-01-13

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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.

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