Binance Launches PEPE Flexible Products With Up to 8% Bonus Tiered APR

Binance has announced a new promotion for its Simple Earn platform, specifically targeting Pepe (PEPE) Flexible Products. According to Binance, users who subscribe to these products during the promotion period could benefit from an exclusive Bonus Tiered APR of up to 8% in addition to Real-Time APR rewards.

Promotion Details

The promotion period is set to run from July 16, 2024, 00:00 UTC to August 15, 2024, 23:59 UTC. Subscriptions will be accepted on a first-come, first-served basis, adhering to the terms and conditions outlined on the platform.

Rewards Distribution

Bonus Tiered APR rewards will start accruing the day after subscription from 00:00 UTC. These rewards will be distributed daily between 00:00 UTC and 08:00 UTC to the users’ Spot Wallets. Users holding open positions in PEPE Flexible Products will receive both Real-Time APR and Bonus Tiered APR rewards throughout the promotion. After the promotion ends, only Real-Time APR rewards will continue.

The Bonus Tiered APR rewards are calculated based on the subscribed amounts and are subject to specific tier limits for each token. Detailed information on these limits can be found in the FAQ.

Terms and Conditions

• Users are advised to review the Binance Simple Earn Terms & Conditions before using any products on the platform.
• Flexible Products assets can be viewed by navigating to Wallets > Earn > Simple Earn > Flexible.
• Redemption time for Flexible Products subscriptions is instant.
• Binance reserves the right to disqualify any participants who tamper with the program code or interfere with its operation using other software.
• Participants acting fraudulently or not in accordance with the applicable terms and conditions may also be disqualified.
• Binance retains the right to cancel or amend the promotion or its rules at its sole discretion.
• Additional promotion terms and conditions are accessible here.
• In case of discrepancies, the original English version of the article will be considered authoritative.

For further information, readers can visit the official announcement on Binance’s website here.

Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions, and Binance is not liable for any losses you may incur. APR is an estimate of rewards you will earn in cryptocurrency over the selected timeframe. It does not display the actual or predicted returns/yield in any fiat currency. APR is adjusted daily, and the estimated rewards may differ from the actual rewards generated. Not financial advice. For more information, see Binance’s Terms of Use and Risk Warning.

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