Binance has launched a new high-yield staking initiative for ten coins.
According to a message inblog of the trading platform, the 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 from the list can be blocked for 90 days.
Binance will pay interest daily,starting from 00:00 (UTC) on the day of confirmation of the blocked bet until the end of the staking period. There is a function for early cancellation of blocking no earlier than one day later. In this case, users will receive their coins, but without the accrued bonus.
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