ATOM staking with Binance
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 Date | Distribution | Date Distribution Total | Effective Annual Yield |
|---|---|---|---|
| 2019/12/05 - 2019/12/31 | 2020/01/13 | 22,352 ATOM | 3.3373 % |
Start Staking ATOM https://www.binance.com/
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