Binance Adds One More Round of Customizable Locked Savings for Cartesi (CTSI)

Colin Steil
2 min readSep 17, 2020

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With outstanding performance on Binance’s last round of CTSI on Customizable Locked Savings, we are excited to announce that Binance Savings will add Cartesi (CTSI) to the Customizable Locked Savings product for a second round at 2020/09/17 12:00PM (UTC), where 7-day and 30-day products will be made available in higher quantities.

Savings Product Details

Subscribe Now: https://www.binance.com/en/lending/products?type=fixed

  • Subscription Format: First-come-first-served basis.
  • Subscription Period: From 2020/09/17 12:00PM (UTC) to 2020/09/18 12:00PM (UTC).
  • Interest Calculation Period: 2020/09/18 12:00 PM (UTC) to the end of each respective product period.
  • Interest Payout Time: Immediately after loan term matures.

Note:

  • Subscriptions will close on a certain product once the maximum limit is reached.
  • Binance Savings will make adjustments to the types of supported assets, interest rates, individual limits and total subscription limits based on market conditions and our internal risk management.
  • For further information, please refer to How to use Binance Customizable Locked Savings Products

About Cartesi

Cartesi allows decentralized applications to run within a Linux environment. Complex processing can be executed off-chain, free from a blockchain’s computational limits and corresponding fees but without compromising decentralization. Cartesi has received funding by prominent investors and funds such as SNZ, SOSV, Artesian and recently concluded a public-sale event with Binance. The team’s vision is to make the development of DApps easy, scalable, and cost-efficient by incorporating tools developers already use.

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