Binance Will Support the Harmony (ONE) Staking Rewards Program

The leading Cryptocurrency Exchange Binance announced to support the staking of ONE token on Binance, starting on 2019/10/16. Binance will distribute these rewards proportionately to users each month based on their daily average ONE holdings. As per the blog post, users must hold at least 175 ONE in order to qualify for staking rewards. The initial distribution of ONE staking rewards will be calculated through to the end of 2019/11/15, with the total amount distributed equally to the staking rewards accrued on holdings during the period. ONE rewards are calculated daily (hourly snapshots) and distributed monthly prior to the 20th of each month.