Stellar Staking Rounds - The New XLM Upgrade

Fellow Binancians,

Our team is proud to announce that we will support the latest Stellar network upgrade. In the past, Binance has supported rewards from other staking platforms, with the ethos of ensuring that users get all the funds that they rightfully deserve. This recent relaunch of XLM staking is the latest in a long line of moves Stellar will be doing to provide the best experience for Binance users.

The new upgrade of the Stellar inflation pool system allowing to individual users to stake and receive +23.2% APY without any pool collisions. Expanding the payouts generated by the inflation mechanism, a stage-based staking algorithm - Stellar Staking Rounds - has been implemented into the Stellar Ledger.

Stellar Staking Rounds - Round 1 / February 2023

For Round 1, a total of 2.3 Billion XLM have been moved from the Stellar Development Foundation inflation accounts.

Starting today, any XLM holder that has the necessary minimum balance can begin staking immediately upon registration. Please keep in mind that initially, Stellar Staking Round 1 will only allow 9 900 unique wallets in the first wave of early adopters.

Stay Connected!

Risk warning: Cryptocurrency is subject to high market risk. Binance will make the best efforts to suggest high-quality events, but will not be responsible for your trading acts. Please trade with caution.

Kindly note: Please be aware and always make sure you are visiting the official Binance.com website when entering sensitive data.

Update your email preferences here.

2016 - 2023 Binance.com, All Rights Reserved.