Binance Announces SEI Locked Products Promotion with Boosted APR

According to the announcement from Binance, the platform is launching a special promotion for SEI Locked Products, offering a total of 1,497,409.48 SEI tokens as part of a Boost APR initiative. The promotion is scheduled to run from 2025-11-06 00:00 (UTC) to 2026-01-04 23:59 (UTC). During this period, rewards will be divided into Base APR and Boost APR, with the latter providing additional returns on selected Locked Products. Users can benefit from higher returns on their locked positions, depending on their subscription amounts. The promotion includes two SEI Locked Products with varying durations and rewards. For a 30-day duration, users can earn a total of 299,481.90 SEI, with daily rewards of 4,991.36 SEI. The minimum subscription limit per user is 1 SEI, while the maximum is 2,000,000 SEI. For a 60-day duration, the total rewards are 1,197,927.58 SEI, with daily rewards of 19,965.45 SEI, and a maximum subscription limit of 1,000,000 SEI. The actual APR will fluctuate based on daily subscriptions, with lower subscription amounts resulting in higher APRs. Rewards are distributed daily, and the APR display on the subscription page is updated hourly. Users must complete identity verification during the promotion period to qualify for rewards. Binance reserves the right to adjust APRs after the promotion without prior notice. Users can view their subscriptions by navigating to Assets > Earn > Simple Earn > Locked. The platform also offers an "Auto-Subscribe" function for automatic renewal of Locked Products positions. Early redemption is available, but users will forfeit any accrued rewards. Binance maintains the discretion to amend terms and conditions, disqualify participants for dishonest behavior, and adjust promotional activities as needed.