Binance Supported TROY Staking – Hold TROY To Earn Rewards

Binance Supported TROY Staking - Hold TROY To Earn Rewards

Binance Supported TROY Staking – Hold TROY To Earn Rewards

Binance will be adding support for Troy (TROY) staking starting from 2020/03/04 and will distribute TROY staking rewards as detailed below:

Binance Supported TROY Staking

  • Starting from 2020/03/04 at 00:00 AM UTC, Binance will begin taking live snapshots of user TROY balances.
  • TROY Staking distribution will be calculated as follows:
    TROY generated by each user = Total TROY staking rewards received by Binance * User TROY holdings ratio.
  • User TROY holdings ratio = Average user TROY holdings / Average total TROY staked by Binance.
  • Users must hold at least 250 TROY in order to qualify for staking rewards.
  • The initial distribution of TROY staking rewards will be calculated through to 2020/03/31, with the total amount distributed equal to the staking rewards accrued during the period.
  • TROY rewards are calculated daily and distributed monthly. Distributions will be completed before the 20th of each month.

Move Your coins to Binance exchange from anywhere and enjoy hassle-free staking rewards. Other rewarded coins supported by Binance can be found on the Staking Home Page here.

You can read tutorial of Binance staking at: Binance Staking Tutorial

Binance Supported TROY Staking – Hold TROY To Earn Rewards – Cryptokiemtien
For More Other Staking Coins On Binance Exchange, Click – HERE

Good luck,

Latest Articles

0 Comments
Inline Feedbacks
View all comments