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Well, I guess it happens to the best of us... When you didn't realise that you had some spare change accumulating somewhere where you forgot that had stashed it... For me, it is the back pocket of my messenger bag... Where I just dump any loose change that I happen to get... And I recently checked and there was nearly 30 euros worth of coins there... No wonder my bag was getting so heavy!

Anyway, if you are familiar with the Stellar (XLM) blockchain, you will know that you should join an inflation pool so that you can collect staking rewards from the Proof of Stake chain. However, upon activating the soft staking program for XLM... It appears that Binance had already been collecting staking rewards for the better part of the year without realising it!

So, during the first staking distribution period 20/7 to 1/9, they are just going to distribute the accidental windfall amongst Xlm holders (more than 10 Xlm) on Binance. To be eligible you just need to hold a balance in your Binance Xlm address and the reward will be given as a distribution of the 9,500,000 Xlm tokens according the daily weighted average over the time period.

Given that the withdrawal fee is only 0.01 Xlm, it makes sense to park your Xlm there for a couple of months!

You just need a Binance account. Official announcement here.

Don't have any Stellar Lumens (XLM), you can earn some here via Coinbase Earn or if you are interested in EOS then try here

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