Binance has unveiled a new promotion, Toncoin (TON) Super Earn, offering users a unique opportunity to earn a Special Annual Percentage Rate (APR) through Simple Earn Locked Products, according to an announcement on Binance.
Mechanism on TON Locked Products
The promotion, which runs from August 16, 2024, to August 22, 2024, is designed to incentivize users to subscribe their Toncoin (TON) to Simple Earn Locked Products. The rewards include a total of 1,350,000 TON tokens, distributed on a first-come, first-served basis. Users must complete their subscriptions within the specified period to be eligible for the special APR rewards.
The reward calculation period begins the day after an eligible subscription to Locked Products is completed and continues until the end of the subscription period. Rewards are distributed daily, with the first reward given two days after the subscription starts.
How to Get Started with TON Locked Products
To participate, users need to navigate to the Simple Earn section on the Binance platform and search for TON. Super Earn Products will be marked with a “Special Offer” tag, and users can select the duration and subscribe with TON to start earning the Special APR rewards.
It is important to note that the Special APR and Daily Percentage Rate (DPR) are limited-time offers, fully sponsored by the respective token project to facilitate promotional activities. These high APR and DPR are available only during the Promotion Period and until the allocated amount is fully subscribed. The Special APR refers to the APR rewards for Super Earn Products, and Binance reserves the right to adjust the rates at any time during the promotion.
Terms and Conditions
Several conditions apply to this promotion:
- The high APR and DPR offered through the Super Earn Product are not guaranteed to be available for an extended period and are subject to change. APR and DPR refer to cryptocurrency rewards in the Deposit Currency and do not represent actual or predicted returns in fiat or other cryptocurrencies.
- Binance Simple Earn will redeem the digital assets subscribed to Simple Earn Locked Products to Flexible Products at the end of the agreed subscription period. The value of digital assets fluctuates and is subject to change.
- Sub-accounts are not eligible to participate in Super Earn.
- Users residing in certain countries or regions, including Australia, Brazil, Canada, Cuba, and others, will not be able to participate in Super Earn.
For more information, users can refer to the Super Earn FAQ on Binance’s official website.
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Source: https://blockchain.news/news/binance-introduces-toncoin-super-earn-special-apr-limited-time