Binance Staking Launches AXS Staking with APY Up to 152.18%

Announcements | 2021-10-12

Fellow Binancians,

Binance Staking has officially launched a new high-yield activity. Stake your AXS starting from 2021-10-12 12:00 PM (UTC) to earn up to 152.18% 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
AXS	10 days	1 AXS	152.18%	0.1 AXS
AXS	30 days	400 AXS	115.25%	0.1 AXS
AXS	60 days	200 AXS	123.36%	0.1 AXS
AXS	90 days	100 AXS	131.25%	0.1 AXS

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

2021-10-12

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