Binance, the leading cryptocurrency exchange by daily trading volume, announced on Tuesday that it has launched Binance Super Earn, a new opportunity for users to earn a Special Annual Percentage Rate (APR) on selected newly listed tokens.
In a press release shared with Cryptowisser, Binance explained that Super Earn is designed to enhance user earnings through elevated APR rewards while supporting the growth and visibility of new projects.
Each limited-time offering is fully sponsored by the respective token projects, rewarding users who hold these new tokens on Binance. Users will need to subscribe to Simple Earn Locked Products labeled with the ‘Special Offer’ tag using these newly listed tokens to participate and enjoy the benefits.
Rewards are available during the promotion period or until the allocated amount is fully subscribed, with daily distributions. Binance explained that subscription limits, both minimum and maximum, are determined by the token contributions from the respective project teams and vary per case.
The Binance Super Earn is designed to boost user earnings while also strengthening the ecosystem by providing new projects with a platform to gain visibility and incentivize user engagement.
The cryptocurrency exchange also revealed that the first project for Super Earn is Toncoin (TON), a decentralized and open Layer 1 (L1) blockchain. Binance users can lock their TON tokens in Simple Earn Locked Products to earn a Special APR within a few days.
According to Binance, Super Earn offers a valuable opportunity to further reward users, especially BNB holders.
Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 200 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features.