Binance Simple Earn has announced a new promotional campaign for AVA (AVA) Simple Earn Flexible Products. Users who subscribe to these products can enjoy an exclusive Bonus Tiered Annual Percentage Rate (APR) of up to 6% in addition to Real-Time APR rewards, according to Binance.
Promotion Details
The promotion period runs from June 21, 2024, at 00:00 UTC until September 18, 2024, at 23:59 UTC. Subscriptions are on a first-come, first-served basis, and users must comply with the terms and conditions outlined by Binance Simple Earn.
Reward Payout Structure
Bonus Tiered APR rewards will start accruing the day after the subscription, beginning at 00:00 UTC. The rewards will be distributed daily between 00:00 UTC and 08:00 UTC to users’ Spot Wallets. Throughout the promotion period, users holding open positions for AVA Flexible Products will receive both Real-Time APR and the Bonus Tiered APR rewards. Once the promotion period ends, users will only receive Real-Time APR rewards.
Terms & Conditions
Binance advises users to refer to the Binance Simple Earn Terms & Conditions before using any products on their platform. Bonus Tiered APR rewards are calculated based on the subscribed amounts and are subject to the respective tier limit for each token. Users can check the FAQ for more details.
Subscribers can view their Flexible Products assets by navigating to Wallets > Earn > Simple Earn > Flexible. The redemption time for Flexible Products subscriptions is instant.
Binance reserves the right to disqualify any participants acting fraudulently or not in accordance with the applicable terms and conditions. Additionally, Binance retains the right to cancel or amend the promotion or its rules at its sole discretion.
Disclaimer
Binance emphasizes that digital asset prices can be volatile, and the value of investments may go down or up. Investors are solely responsible for their investment decisions, and Binance is not liable for any losses incurred. The APR is an estimate of rewards in cryptocurrency over a selected timeframe and does not reflect actual or predicted returns in fiat currency. APR is adjusted daily, and estimated rewards may differ from actual rewards generated.
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