LOOM Staking with Binance

in #loom • 5 years ago (edited)

LOOM Staking.png

Monthly LOOM Staking Airdrop Program
Starting from 2020/01/04 at 00:00 AM UTC, Binance will begin taking live snapshots of user LOOM balances.
LOOM Staking distribution will be calculated as follows:
LOOM generated by each user = Total LOOM staking rewards received by Binance * User LOOM holdings ratio.
User LOOM holdings ratio = Average user LOOM holdings / Average total LOOM staked by Binance.
Users must hold at least 60 LOOM in order to qualify for staking rewards.
The initial distribution of LOOM staking rewards will be calculated through to 2020/01/31, with the total amount distributed equal to the staking rewards accrued during the period.
LOOM rewards are calculated daily and distributed monthly. Distributions will be completed before the 20th of each month.

Historical Yield:
coming soon

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

#staking #airdrop #binance #hodl
5 years ago in #loom by
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