News

Binance Staking: Enjoy Up to 49.80% APY and Share 75,000 $WOO in Rewards!

Binance Staking has launched new high-yield WOO Locked Staking activities. Stake your WOO starting from 2022-03-09 at 12:00 PM (UTC) to earn multiple rewards.

Activity 1: Deposit & Stake WOO for 10, 30, 60, or 90 Days, Enjoy Up to 49.80% 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
WOO10 days50 WOO49.80%0.1 WOO
WOO30 days1,000 WOO6.95%0.1 WOO
WOO60 days500 WOO8.59%0.1 WOO
WOO90 days100 WOO16.95%0.1 WOO

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 WOO to Share 40,000 WOO

Promotion Period: 2022-03-09 12:00 PM (UTC) to 2022-03-16 11:59 AM (UTC)

During the promotion period, users who spot-trade WOO tokens (net purchase amount = purchase amount – sell amount > 2,000 WOO) and participate in 30,60, or 90 days of WOO 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 80 WOO tokens.

Activity 3: New Locked Staking Users to Share 35,000 WOO

Promotion Period: 2022-03-09 12:00 PM (UTC) to 2022-03-16 11:59 AM (UTC).

The first 1,000 users who participate in Locked Staking for the first time and subscribe to WOO Locked Staking products during the promotion period are eligible to share 35,000 WOO in rewards.

Sort by WOO Staking Subscription TimeReward Amount for Every Eligible User
1st -100th Places100 WOO
101st – 200th Places80 WOO
201st – 300th Places60 WOO
301st – 400th Places40 WOO
401st – 500th Places20 WOO
501st – 1,000th Places10 WOO

Terms and Conditions

  • The WOO 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 Account > Wallet > Distribution.
  • The 10-day WOO Locked Staking is a high-yield activity, therefore it is not included in Activity 2.
  • 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.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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