Rebecca Moen
16 Sep 2024 06:03
Binance launches new SLF Easy Earn Flexible Product and Lockup Product offering up to 18.9% APR and the opportunity to earn 50 SLF tokens.
Binance has announced the launch of two new promotions for Self Chain (SLF) Simple Earn Flexible and Locked products. According to Binance, users who subscribe to the SLF Simple Earn product during the promotion period will be able to enjoy exclusive rewards, including an annual percentage rate (APR) of up to 18.9% and a chance to win 50 SLF tokens.
Promotion Details
The promotion period runs from September 17, 2024 to December 15, 2024. During this period, users who sign up for SLF Simple Earn Products will benefit from a 5% bonus Tiered APR on SLF Flexible Products and up to 18.9% APR on SLF Locked Products. Additionally, the first 400 eligible users will receive a reward of 50 SLF token vouchers.
How to participate
To get started, users must:
Buy SLF on the spot market or through the Buy Crypto page on Binance. We support payment methods such as Visa, Mastercard, Apple Pay, Google Pay, and wallet balance. Users can also deposit SLF to their Binance account.
Go to the Simple Earn section on Binance and search for SLF.
Choose either the Flexible or 90-Day product and subscribe to either the SLF Flexible or SLF Locked product to receive rewards.
Terms of Use
For SLF Flexible products, the Bonus Tier APR is an additional reward added to the real-time APR, and starts accumulating from the day after subscription. Both the real-time APR and the Bonus Tier APR rewards are distributed to the user’s Spot Wallet on a daily basis. For SLF Locked products, Binance reserves the right to adjust the APR at any time without prior notice after the promotion period.
SLF token voucher rewards will be distributed within 3 weeks after the end of the promotion. Users must claim the vouchers via Rewards Hub within 30 days. Flexible product subscriptions can be redeemed immediately, while locked products have a 1-day unlock period. Early redemption is possible, but users will lose all accumulated rewards and digital assets will be returned to their Spot account within 72 hours.
Binance reserves the right to disqualify any participant who manipulates the program or commits fraud. The terms and conditions of the promotion can be found on the Binance website.
Additional information
Binance continues to innovate and provide users with profitable opportunities. The launch of SLF Simple Earn Products is in line with the company’s efforts to provide a variety of investment options. This move is expected to attract more users to the platform, increasing their earning potential through flexible and locked-in product offerings.
For more information on how to participate and full Terms of Use, please refer to the official announcement from Binance.
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