Binance will delivery the CATI token lock-up product at 8:00 Beijing time on January 2, 2025. In direction of the delivery occasion, users can receive a 20% APR reward, with a prize pool of as a lot as 2.3 million CATI.
Binance Introduces CATI Token Lock-up Product
Customers can receive CATI tokens to steal part in the lock-up via living buying and selling, bank card price (Visa, Mastercard supported) or digital price (Apple Pay, Google Pay supported).
As per the announcement, the recent APR is most efficient appropriate for the length of the length between 2025-01-02 00:00 (UTC) and 2025-01-31 23:59 (UTC).
The subscription layout for the product is first-reach, first-served basis. The amount of APR rewards users receive is counting on factors along with minimum subscription quantity, most subscription limits, and length requirements.
The reward calculation length begins from 00:00 (UTC) on the day after an eligible subscription to locked merchandise is accomplished, till the terminate of the subscription length. The first price look at says , “Rewards are dispensed to Enviornment Pockets on a each day basis.”
The minimum subscription per user is 0.1 CATI, and the most subscription per user is 3,000 CATI. The most subscription for all users mixed is 120,000,000 CATI.
A crypto lock-up product is oldschool to stabilize the worth of a token. These CATI lock-up merchandise are geared in direction of conserving merchants by avoiding liquidity issues and strengthening their supporter base.
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