Binance has launched a new high-yield staking initiative for ten coins.
According to the message in blog trading platform, a staking initiative called the High-Yield Center will allow you to lock 10 coins and earn up to 104.62% per annum.
The duration of Shiba Inu staking will be only 10 days, at 0.28% or 10.12% per annum. Interested participants will be required to stake a minimum of 200 SHIB and a maximum of 7 million tokens.
All other coins on the list can be locked for 90 days.
Binance will pay interest daily starting at 00:00 (UTC) on the day the locked stake is confirmed before the end of the staking period. There is a function for early cancellation of blocking no earlier than in a day. In this case, users will receive their coins, but without the accrued bonus.
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