Binance Staking Launches SRM and VGX Staking

Fellow Binancians,Binance Staking has officially launched a new high-yield activity. Stake your SRM and VGX starting from 2021-09-23 12:00 PM (UTC) to earn up to 9.25% 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 AssetsDurationMax. Locked Staking Limit Per UserStandard Annualized Interest RateMin. Locked Staking Limit
SRM30 days4,000 SRM5.58%1 SRM
SRM60 days1,000 SRM6.84%1 SRM
SRM90 days500 SRM8.95%1 SRM
VGX30 days10,000 VGX6.12%1 VGX
VGX60 days4,000 VGX7.24%1 VGX
VGX90 days1,000 VGX9.25%1 VGX

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 warningCryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses.

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