FDUSD Flexible Products: Enjoy 6% Bonus Tiered APR in Rewards Now!
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
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Promotion Period: 2023-09-02 00:00 (UTC) to 2023-09-15 23:59 (UTC)
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Subscription Format: Complete subscription on a first-come, first-served basis in accordance with the terms below.
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Reward Payout:
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Bonus Tiered APR: Distributed to users’ Spot Wallets on a daily basis.
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Real-Time APR: Accrued and directly accumulated in users’ Earn Wallets every minute.
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Offered Products (Flexible Products)
Digital Asset | Duration | Standard APR | APR During Promotion Period | Min. Subscription Limit per User | Max. Subscription Limit per User |
FDUSD | Flexible | Real-Time APR | Real Time APR + 6% Bonus-Tiered APR (0 — 1,000 FDUSD) | 0.1 FDUSD | Unlimited |
Please note:
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Please refer to Binance Simple Earn Terms & Conditions prior to using any products on the Binance Simple Earn platform.
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Bonus Tiered APR is offered as an additional reward on top of Real-Time APR. Upon subscription, Bonus Tiered APR rewards start to accrue the next day starting from 00:00 (UTC). Rewards will start to be distributed the following day after accrual starts between 00:00 (UTC) and 08:00 (UTC) to the user’s Spot Wallet.
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All users who hold open positions for FDUSD Flexible Products will receive both Real-Time APR and Bonus Tiered APR rewards during the Promotion Period. Once the promotion ends, users will be entitled to Real-Time APR rewards only.
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Bonus Tiered APR rewards are calculated based on the subscribed amounts and are subject to the respective tier limit for each token (i.e., 0 — 1,000 FDUSD per user for FDUSD Flexible Products). Please refer to the FAQ for more details.
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Users can view their Flexible Products assets by going to Wallets > Earn > Simple Earn > Flexible.
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Users can enable the “Auto-Subscribe” function before completing subscriptions to Flexible Products, which allows users to automatically subscribe to the corresponding Flexible Products using the same asset from the Spot Wallet.
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Redemption time for Flexible Products subscriptions: Instant.
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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.
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Binance reserves the right to cancel or amend the Promotion or Promotion Rules at its sole discretion.
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Additional promotion terms and conditions can be accessed here.
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Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
Binance Team
2023-09-01