Fellow Binancians,
Binance will launch the 21st phase of Binance Savings Products at 2020/06/02 12:00 PM (UTC), where 7-day fixed-term locked savings products will be made available. Further details are below:
- Subscription Format: First-come-first-served basis.
- Subscription Period: From 2020/06/02 12:00 PM (UTC) to 2020/06/03 12:00 PM (UTC).
- Interest Calculation Period: 2020/06/03 12:00 PM (UTC) to the end of each respective product period.
- Interest Payout Time: Immediately after loan term matures.
Savings Product Details (Subscribe now)
|
Digital Asset |
Term to Maturity |
Total Subscription Cap |
Individual Cap |
Annualized Interest Rate |
Lot Size |
Interest Per Lot at Maturity |
|
MATIC |
7-day |
200,000,000 MATIC |
2,000,000 MATIC |
10% |
5,000 MATIC |
9.589041 MATIC |
Note:
- Amounts subscribed to Binance Savings products will not be able to receive their corresponding staking rewards；
- Refer here for the Binance Savings User Guide;
- Please refer to Binance Terms of Use prior to using any products on the Binance Savings platform.
Thanks for your support!
Binance Team
2020/06/02
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