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ATOM staking with Binance

cryptoholland

Published: 13 Feb 2020 › Updated: 13 Feb 2020ATOM staking with Binance

ATOM staking with Binance

ATOM Staking.png

Starting from 2019/12/05, Binance will begin taking hourly snapshots of user ATOM balances at 00:00 AM UTC.
ATOM staking distribution will be calculated as follows:
ATOM generated by each user = Total ATOM staking rewards received by Binance * User ATOM holdings ratio.
User ATOM holdings ratio = User ATOM holdings / Total ATOM staked by Binance.
Users must hold at least 0.5 ATOM in order to qualify for staking rewards.
The initial distribution of ATOM staking rewards will be calculated up until 2020/01/01, with the total amount distributed equal to the staking rewards accrued on holdings during the period.
ATOM rewards are calculated daily (hourly snapshots) and distributed monthly. Distributions will be completed before the 20th of each month.

Historical Yield:

Previous DateDistributionDate Distribution TotalEffective Annual Yield
2019/12/05 - 2019/12/312020/01/1322,352 ATOM3.3373 %

Start Staking ATOM https://www.binance.com/

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