Binance Announces WAL Locked Products APR Promotion

According to the announcement from Binance, the platform's Simple Earn service is launching a special APR promotion for WAL Locked Products, featuring a total of 24,829,060 WAL tokens. The promotion period is set from 2025-10-23 10:00 (UTC) to 2026-05-21 23:59 (UTC). During this time, users can benefit from both Base APR and Boost APR rewards, which are added on top of the base APR for selected Locked Products, offering higher returns on locked positions. The WAL Locked Products are available in three durations: 30 days with a base APR of 19.9% and a daily boost of 20,000 WAL, 60 days with a base APR of 24.9% and a daily boost of 30,000 WAL, and 90 days with a base APR of 29.9% and a daily boost of 50,000 WAL. The minimum subscription limit per user is 1 WAL, while the maximum varies from 300,000 WAL to 600,000 WAL depending on the duration. Users can enjoy the Boost APR starting from 2025-10-25, with subscriptions during the promotion period, including existing positions, eligible for these rewards. The actual APR will fluctuate based on total daily subscriptions, with lower subscription amounts resulting in higher APRs. The APR display on the subscription page is an estimate, updated hourly. Rewards are calculated from 00:00 (UTC) the day after an eligible subscription is completed and distributed daily. Users can view their subscriptions under Assets > Earn > Simple Earn > Locked. Binance reserves the right to adjust APRs post-promotion without notice and disqualify users for dishonest behavior. Early redemption is possible, but rewards will be forfeited, and assets returned to the spot account within 48-72 hours.