Binance Earn: earn up to 29.9% annual percentage yield with KERNEL in Simple Earn!

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Dear Binance community members!

Simple Earn is pleased to announce the launch of two promotions for KernelDAO (KERNEL) in Simple Earn: perpetual products and fixed products!

During the promotion period, users who subscribe to KERNEL in Simple Earn can enjoy an exclusive 10% additional bonus annual percentage yield on KERNEL's perpetual products and receive up to 29.9% annual percentage yield on fixed KERNEL products.

How to participate:

Subscription format: First come, first served. There are minimum subscription amounts, maximum subscription limits, and duration requirements that affect the yield size. Details in the table below and in this announcement.

Distribution of rewards:

Additional bonus annual yield: Distributed daily to the user's spot account. The first reward is accrued the day after the start of accrual (two days after subscription).

Actual annual percentage yield: Accrued and immediately added to the Earn account every minute.

Annual yield from fixed products: Distributed daily to the user's spot account. The first reward is accrued the day after the start of accrual (two days after subscription).

Available products:

Digital asset

Duration

Annual yield during the promotion

Promotion period

Minimum subscription limit per user

Maximum subscription limit per user

KERNEL

Perpetual

Rate range:

0 – 50,000 KERNEL

Rate range:

> 50,000 KERNEL

27.11.2025 02:00 (Kyiv time) – 01.01.2025 01:59

0.1 KERNEL

1,400,000 KERNEL

17%

(including an additional 10% bonus annual yield, approximately 7% actual annual yield)

7%

(Approximately 7% actual annual yield)

30 days

21.9%

27.11.2025 12:00 (Kyiv time) – 27.05.2026 11:59 (Kyiv time)

1 KERNEL

300,000 KERNEL

60 days

25.9%

1 KERNEL

250,000 KERNEL

90 days

29.9%

1 KERNEL

200,000 KERNEL

How to start using KERNEL's perpetual and fixed products:

Buy KERNEL on the Spot Market or through a cryptocurrency purchase page that supports payments with Visa and Mastercard cards, Apple Pay, Google Pay, as well as wallet balances. You can also deposit KERNEL into a Binance account.

Go to [Simple Earn] and find KERNEL.

Select the duration and subscribe to KERNEL's perpetual or fixed products and start receiving rewards!

Start earning right now!

Terms and conditions:

These terms ('Promotion Terms') govern user participation in the above-described promotion ('Promotion'). By participating in this Promotion, users agree to these Promotion Terms, as well as to the following additional conditions: (a) Terms and conditions of Binance promotions; (b) Binance Terms of Use; (c) Binance Privacy Policy; all of which are considered included in these terms.

In case of discrepancies or contradictions between these Terms of the Promotion and any other included conditions, the provisions of these Terms of the Promotion take precedence, followed by the following order — and within such conflict: (a) Terms and conditions of Binance promotions; (b) Binance Terms of Use; (c) Binance Privacy Policy.

Only users who pass identity verification during the promotion period can claim rewards within the promotion, and only main accounts can receive both additional bonus yield and actual yield. Sub-accounts are not entitled to receive additional bonus annual yield.

The products or features mentioned above may not be available in your region. Users are responsible for understanding and complying with all restrictions and/or access requirements for Binance services in the country from which they use the services.

Changes to the reward size in Simple Earn will be periodically published on the platform. Before using Simple Earn, please familiarize yourself with the Terms and Conditions of Simple Earn and the Risk Warning.

Rewards from annual yield:

The actual annual yield may change every minute; please check the relevant product page for up-to-date information. Rewards from actual yield are accrued and directly added to the Earn account every minute.

The additional bonus annual yield is provided as an extra reward on top of the actual annual yield. After subscribing to the additional bonus yield, it starts accruing the next day at 00:00 (UTC). Rewards begin to be distributed the day after accrual starts between 00:00 (UTC) and 08:00 (UTC) to the user's spot account.

All users holding positions in KERNEL's perpetual products during the promotion will receive both actual yield and additional bonus yield. After the promotion ends, only the actual annual yield will remain.

The additional bonus annual yield is calculated based on the subscription volume and is subject to the corresponding rate limit for each token. Details are in the FAQ.

Rewards from annual yield are paid from the own funds of Binance and the relevant protocol team, and are determined based on the current assessment of market conditions.

An upper limit on the subscription amount is set for each user during the promotion period. Once the limit is reached, the subscription will be unavailable.

A large number of redemption requests may temporarily delay the execution of the redemption. Redemptions will resume after liquidity is restored.

Users can activate the 'Auto-Renewal' feature before the end of the subscription for fixed products — this will allow the current position in the fixed product to be automatically renewed to a new one with the same duration after the expiration date.

In case of early redemption of fixed products in Simple Earn, assets are generally returned to the user's spot account within 72 hours after the redemption request is submitted. The user loses the right to all rewards (accrued or otherwise), all previously paid rewards will be withheld from the returned principal amount. Delays may occur in cases of extreme market volatility, network outages, protocol failures, or high redemption load. More about risks is in the relevant section on risk factors.

Check the asset status in Simple Earn through Earn > Simple Earn.

Unblocking period for subscriptions to perpetual products: Instant.

Unblocking period for fixed products: one day.

Binance reserves the right to disqualify a user in case of dishonest behavior (e.g., wash trading, illegal mass registration/account access, trading with oneself or market manipulation). Binance also has the right to disqualify participants who interfere with Binance's program code or affect its operation with third-party programs.

Binance reserves the right to determine and/or change these terms at any time at its sole discretion without prior notice, including cancellation, extension, conclusion or suspension of this promotion, changes to participation requirements, criteria, number of winners, and timelines for any action. All participants are required to comply with the changes.