Binance Simple Earn has announced a new promotional campaign for its AVA (AVA) Simple Earn flexible product. According to Binance, users who subscribe to this product can enjoy an exclusive bonus tiered annual percentage rate (APR) of up to 6% in addition to real-time APR rewards.
Promotion Details
The promotion period runs from 00:00 UTC on June 21, 2024 to 23:59 UTC on September 18, 2024. Subscriptions are on a first-come, first-served basis and users must adhere to the terms and conditions set forth by Binance Simple Earn.
Compensation payment structure
APR rewards per bonus tier begin accruing at 00:00 UTC the day after subscription. Rewards will be distributed to users’ Spot Wallets every day between 00:00 UTC and 08:00 UTC. Users who hold open positions on AVA flexible products during the promotional period will receive both real-time APR and bonus tiered APR rewards. Once the promotional period ends, users will only receive real-time APR rewards.
Terms of Use
Binance recommends that users refer to the Binance Simple Savings Terms and Conditions before using products on the platform. APR rewards per bonus tier are calculated based on subscription amount and are subject to applicable tier limits for each token. Users can find more information through FAQ.
Subscribers can view their flexible product assets by going to Wallet > Earn > Simple Earn > Flexible. Redemption times for flexible product subscriptions take effect immediately.
Binance reserves the right to disqualify any participant who engages in fraudulent activities or does not comply with the relevant terms and conditions. Additionally, Binance reserves the right to cancel or modify any promotion or rules at its sole discretion.
disclaimer
Binance emphasizes that digital asset prices can fluctuate and the value of your investments may fall as well as rise. Investors are fully responsible for their investment decisions, and Binance is not responsible for any losses incurred. APR is an estimate of cryptocurrency rewards over a selected period of time and does not reflect actual or projected returns in fiat currency. APR is adjusted daily, and estimated rewards may differ from actual rewards generated.
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