ONT Locked Products: Subscribe & Share 50,000 ONT!

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

Fellow Binancians,

Binance Simple Earn has launched an exclusive offer for ONT Locked Products in light of Ontology (ONT)’s fifth anniversary. Complete subscriptions to ONT Locked Products from 2022-11-21 at 12:00 (UTC) to earn multiple rewards.

Promotion 1: Deposit & Subscribe to ONT Locked Products to Enjoy Up to 28.97% APR in ONG

Promotion Period: 2022-11-21 12:00 (UTC) to 2022-12-05 11:59 (UTC)

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

Offered Product (Locked Product)

Digital Assets	Duration	APR During the Promotion Period (in ONG)	Standard APR	Min. Locked Products Subscription Limit Per User	Max. Locked Products Subscription Limit Per User
ONT	14 days	28.97%	0.21%	0.01 ONT	600 ONT

Please note:

Users who complete subscriptions to ONT Locked Products will receive daily rewards in Ontology Gas (ONG) tokens.
Binance Simple Earn will return digital assets/digital currencies to users’ spot wallets at the end of the agreed subscription period. The value of digital assets/digital currencies fluctuates and is subject to change.
Users can view their Locked Products assets by going to Wallets > Earn > Simple Earn > Locked.
Unlock period for Locked Products: One day.
Locked Products FAQ.
About early redemption: Users can choose to redeem their assets in advance. After choosing early redemption, digital assets will be returned to the spot account, and any distributed rewards will be deducted from the refunded principal. It may take 48-72 hours to receive the digital assets.

Promotion 2: New Simple Earn Locked Products Users to Share 50,000 ONT

Promotion Period: 2022-11-21 12:00 (UTC) to 2022-12-05 11:59 (UTC)

During the promotion period, the first 2,000 users who have not participated in Binance Simple Earn Locked Products before the start of the Promotion Period and subscribe to a minimum of 200 ONT in ONT Locked Products, will be eligible to share 50,000 ONT in rewards based on the reward structure below.

Reward Structure:

Sort by ONT Locked Products Subscription Time	Reward per Eligible User
1st - 100th Places	100 ONT
101st - 200th Places	80 ONT
201st - 300th Places	50 ONT
301st - 400th Places	40 ONT
401st - 500th Places	30 ONT
501st - 1,000th Places	20 ONT
1,001st - 2,000th Places	10 ONT

Terms and Conditions:

Please refer to Binance Simple Earn Terms & Conditions prior to using any products on the Binance Simple Earn platform.
The ONT rewards for Promotion 2 will be allocated to recipients’ Binance Wallets within three weeks after the activity ends. Users can see their rewards by selecting the Account > Wallet > Transaction History > Distribution.
Binance reserves the right to disqualify any participants that, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.
Binance reserves the right to cancel or amend the Promotion or Promotion Rules at its sole discretion.
Additional promotion terms and conditions can be accessed here.
Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

Thanks for your support!

Binance Team

2022-11-21

Trade on the go with Binance’s crypto trading app (iOS/Android)

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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.

Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. APR is an estimate of rewards you will earn in cryptocurrency over the selected timeframe. It does not display the actual or predicted returns/yield in any fiat currency. Binance will return digital assets to users’ spot account after the agreed period ends or upon early redemption. Binance does not guarantee that you will receive any specific reward, or any return over time. Not financial advice. For more information, see our Terms of Use and Risk Warning.

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