Binance Launches SLF Simple Earn Products Offering Up to 18.9% APR
Rebeca Moen Sep 16, 2024 06:03
Binance introduces new SLF Simple Earn Flexible and Locked Products with up to 18.9% APR and a chance to win 50 SLF tokens.
Binance has announced the launch of two new promotions for its Self Chain (SLF) Simple Earn Flexible Products and Locked Products. During the promotional period, users subscribing to SLF Simple Earn Products can enjoy exclusive rewards, including up to 18.9% Annual Percentage Rate (APR) and a chance to win 50 SLF tokens, according to Binance.
Promotion Details
The promotion period runs from September 17, 2024, to December 15, 2024. Users who subscribe to SLF Simple Earn Products during this period can benefit from a 5% Bonus Tiered APR on SLF Flexible Products and up to 18.9% APR on SLF Locked Products. Additionally, the first 400 eligible users will receive a 50 SLF token voucher reward.
How to Participate
To get started, users need to:
Buy SLF via the Spot Market or through the Buy Crypto page on Binance, supporting payment methods like Visa, Mastercard, Apple Pay, Google Pay, and wallet balances. Users can also deposit SLF into their Binance account.
Head to the Simple Earn section on Binance and search for SLF.
Select either FLEXIBLE or 90-Day options and subscribe to SLF Flexible Products or SLF Locked Products to start earning rewards.
Terms & Conditions
For SLF Flexible Products, the Bonus Tiered APR is an additional reward on top of the Real-Time APR, starting to accrue the day after subscription. Both Real-Time APR and Bonus Tiered APR rewards will be distributed daily to the user's Spot Wallet. For SLF Locked Products, Binance reserves the right to adjust APRs anytime after the promotion period without prior notice.
SLF token voucher rewards will be distributed within three weeks after the promotion ends. Users must claim their vouchers within 30 days via the Rewards Hub. Flexible Products subscriptions offer instant redemption, while Locked Products have a one-day unlock period. Early redemption is possible, but users will forfeit any accrued rewards, and the digital assets will be returned to the Spot account within 72 hours.
Binance retains the right to disqualify participants who tamper with the program or act fraudulently. The promotion's terms and conditions can be accessed on Binance’s website.
Additional Information
Binance continues to innovate and provide lucrative opportunities for its users. The introduction of SLF Simple Earn Products aligns with the company's commitment to offering diverse investment options. This move is expected to attract more users to the platform, enhancing their earning potential through flexible and locked product offerings.
For more details on how to participate and the complete terms and conditions, visit the official announcement on Binance.
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