Binance Staking Launches NAV Staking with Up to 8.49% APY

[VeryWellDone]

Binance Staking has launched a new high-yield activity. Stake your NAV starting from 2021/01/14 12:00 PM (UTC), to earn up to 8.49% APY.

• Locked Staking Format: First-come, first-served basis.
• Interest Calculation Period: From 0:00 AM (UTC) on the day after Locked Staking is confirmed to the end of the corresponding product period.
• Interest Payout Time: On a

daily basis.

Offered Products (Locked Staking)

*Please note:*

• Users can view their Locked Staking assets by going to Wallets > Savings > Locked Staking.
• The APY is adjusted daily based on the on-chain staking rewards, and the specific APY is subject to the page display on the day.
• Unlock period for Locked Staking products: 1 day.
• Locked Staking FAQ.

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.

Source

[Rollinginthedeep]

I hope that binance only allows private users to stake and does not stake any coins not used by their customers, otherwise they could have free coins without risk.