Binance Adds CVX and XVS on Simple Earn Locked Products

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

Binance Simple Earn is launching Convex Finance (CVX) and Venus (XVS) on Locked Products. Complete subscriptions to CVX and XVS Locked Products from 2024-01-12 12:00 (UTC) to get up to 8.9% in APR rewards.

Subscription Format: First-come, first-served basis.
Reward Calculation Period: From 00:00 (UTC) on the day after you subscribe to Locked Products, until the end of the subscription period.
Rewards Distribution: On a daily basis.

Offered Products (Locked Products)

Digital Asset	Duration	Standard APR	Min. Subscription Limit per User	Max. Subscription Limit per User
CVX	30 days	3.9%	0.01 CVX	3,000 CVX
	60 days	4.9%	0.01 CVX	2,500 CVX
	120 days	8.9%	0.01 CVX	500 CVX
XVS	30 days	4.9%	0.01 XVS	10,000 XVS
	60 days	5.9%	0.01 XVS	1,000 XVS
	120 days	7.9%	0.01 XVS	300 XVS

How to Get Started

Head to [Earn], and search for CVX or XVS.
Select Duration, and subscribe with CVX or XVS to start earning up to 8.9% APR daily!

Subscribe Now!

About Simple Earn:

Simple Earn allows users to earn daily rewards by depositing their digital assets for flexible or locked terms. Users may subscribe to or redeem assets from Simple Earn almost at any time, thus retaining great flexibility and liquidity over their assets while earning daily rewards.

Please note:

Binance reserves the right to adjust APRs at any time without prior notice.Please refer to Binance Simple Earn Terms & Conditions prior to using any products on the Binance Simple Earn platform.
Binance Simple Earn will redeem the digital assets/digital currencies subscribed to Simple Earn Locked Products to Flexible Products at the end of the agreed subscription period. The value of digital assets/digital currencies fluctuates and is subject to change.
Users may view their Locked Products subscriptions by going to Wallets > Earn > Simple Earn > Locked.
Users may enable the “Auto-Subscribe” function before completing subscriptions to Locked Products, which will automatically renew users’ existing Locked Products position into a new position of the same duration upon expiry.
Unlock period for Locked Products: One day.
Locked Products FAQ.
About early redemption for Simple Earn Locked Products: Users may redeem their assets in advance. After choosing early redemption, digital assets will be returned to the spot account, and users will not be entitled to any rewards. Any distributed rewards will be deducted from the refunded principal. It may take 48-72 hours to receive the digital assets.
There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.