Binance Offers Up to 29.9% APR on Babylon Locked Products

According to the announcement from Binance, the platform has introduced a new promotion for Babylon (BABY) on its Simple Earn Locked Products. Users can earn up to 29.9% APR in rewards during the specified promotion period. The promotion is set to run from 2025-11-20 10:00 (UTC) to 2026-03-20 23:59 (UTC), allowing both new and existing BABY locked positions to qualify for the rewards. Subscriptions are available on a first-come, first-served basis, with specific minimum and maximum subscription limits impacting the APR. The reward calculation period begins at 00:00 (UTC) the day after a subscription is completed and continues until the end of the subscription period. Rewards are distributed daily. The offered products include various durations with corresponding APRs: 30 days at 20%, 60 days at 24%, and 120 days at 29.9%. Users can buy BABY on the spot market or deposit it into their Binance account to participate. The subscription process involves selecting the duration and subscribing with BABY to start earning daily rewards. Terms and conditions apply to this activity, and users must complete identity verification during the promotion period to qualify for rewards. Binance reserves the right to adjust APRs after the promotion period without prior notice. Users can view their subscriptions under Wallets > Earn > Simple Earn > Locked and may enable the "Auto-Subscribe" function for automatic renewal. Early redemption is possible, but it forfeits any accrued rewards. Binance retains the discretion to amend terms and conditions, disqualify users for dishonest behavior, and address discrepancies in translated versions of the announcement.