Algorand (ALGO)

1. Sign up for Binance
2. Hold minimum 2 ALGO tokens in Binance wallet
3. ALGO Staking distribution will be calculated as follows:
   – ALGO generated by each user = Total ALGO staking rewards received by Binance * User holdings ratio
   – User ALGO holdings ratio = User ALGO holdings / Total ALGO staked by Binance
4. The initial distribution of ALGO staking rewards will be calculated up until September 1st, 2019, with the total amount distributed equal to the staking rewards accrued on holdings during the period
5. ALGO rewards are calculated daily and distributed monthly. Distributions will be completed before the 5th of each month

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