The Binance exchange as part of its Learn And Earn program is coming out with another initiative. This time its main protagonist becomes Shiba Inu who will allow you to earn as much as 100% APY on staking by completing the course.
What is Learn And Earn
Binance is the largest cryptocurrency exchange in the world in terms of volume. Its representatives, knowing their market position and at the same time knowing how volatile assets they deal with, also feel responsible for the users of the platform. This is how the Learn and Earn program was created, which aims to educate and earn as a result. Through the program the Binance exchange publishes numerous articles and tutorials online that every user can browse and thus deepen their knowledge. Each person who completes a given stage of learning and solves a quiz is entitled to earn cryptocurrencies, which in this case are available completely for free. As of now, SHIB coins can be gained as part of the initiative.
Chances for big profits
45 thousand SHIB tokens – this is the number that will be awarded to those who complete the latest course and answer a set of questions based on it. In order to qualify, one must also pass the KYC (Know Your Customer) process. The initiative is on a first-come, first-served basis. Prizes will be obtainable in each country. Each user will only have a one-time right to them.
Staking for 150 days with an APY of 100%
As it turns out, this is not the end of the surprise. The tokens that will be gained in the contest will be possible to block within the staking program. The lock-in period will be 150 days and the profits that can be made in this case will be 100% per annum. This means that winners after the staking period will earn close to 1.5 times the funds initially allocated.
Is Shiba Inu ceasing to be a meme-coin?
The new Learn and Earn program based on the SHIB token is not aimed at everyone. Only new users of the exchange who open their accounts from June 9 can take advantage of it.
In the meantime, debate has heated up over whether Shiba Inu still remains a meme coin. With the coin’s steady growth and growing fundamentals, SHIB is gaining seriousness. We have written extensively on its subject. If you want to learn more about the coin’s history, we encourage you to use the magnifying glass in the upper right corner of the website header and expand your knowledge about Shiba Inu.