Binance Staking Launches STMX Staking with Up to 11.56% APY

Fellow Binancians,

Binance Staking has launched a series of new high-yield STMX Locked Staking activities. Stake your STMX starting from 2022-02-15 at 12:00 PM (UTC) to earn multiple rewards.

Activity 1: Deposit & Stake STMX for 30, 60, or 90 Days, Enjoy Up to 11.56% 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
STMX30 days100,000 STMX5.85%1 STMX
STMX60 days60,000 STMX7.89%1 STMX
STMX90 days8,000 STMX11.56%1 STMX

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.

Activity 2: Buy & Stake STMX to Share 700,000 STMXPromo Period: 2022-02-15 12:00 PM (UTC) – 2022-02-22 11:59 AM (UTC)During the promotion period, users who spot-trade STMX tokens (net purchase amount = purchase amount – sell amount > 30,000 STMX) and participate in 30/60/90 days of STMX Locked Staking are eligible to participate in the activity.500 users will be selected from all eligible participants based on the Award Selection Rules Based on Binance Chain Hash Value, to each win 1,400 STMX tokens.Activity 3: New Locked Staking Users to Share 490,000 STMXPromo Period: 2022-02-15 12:00 PM (UTC) – 2022-02-22 11:59 AM (UTC)The first 500 users who participate in Locked Staking for the first time and subscribe to STMX Locked Staking during the promotion period are eligible to share 490,000 STMX in rewards.

Sort by STMX Staking Subscription TimeReward Amount for Every Eligible User
1st -100th Places1,400 STMX
101st – 200th Places1,200 STMX
201st – 300th Places1,000 STMX
301st – 400th Places800 STMX
401st – 500th Places500 STMX

Terms and conditions:

  • The STMX rewards of Activity 2 and Activity 3 will be allocated to recipients’ Binance Wallets within two weeks after the activity ends. Users can see their rewards by selecting the Account > Wallet > Distribution.
  • Binance reserves the right to disqualify any participants showing signs of fraudulent behavior immediately.
  • Binance reserves the right to cancel or amend the Activity or Activity Rules at our sole discretion.

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