👀Binance Earn is not "free interest," but a set of products with different conditions.
The simplest layer is Simple Earn. Flexible: you subscribe whenever you want, rewards are accrued every minute, and funds can be withdrawn. Locked: the rate is usually higher, but the asset is locked for a fixed term. Binance officially states that Simple Earn protects the deposit in the amount of tokens. The value of those tokens in dollars still depends on the market.
APR on the page is not a guarantee forever. It can change, and bonus campaigns run as a separate layer on top of Real-Time APR and often apply only to a limited amount.
What is currently relevant from official announcements:
until September 20 - promotion for new ETH Flexible or PLUME subscriptions, prize pool of $200,000 in BNB
until September 25 - USD1 Flexible up to 8.5% APR (bonus + real-time)
until September 30 - USDC Flexible up to 7% APR
Products are not available in all countries. Before subscribing, it is worth looking not only at the big APR number, but also at the term, the bonus limit, and what remains after the promotion.
#earn #Simpleearn #ARP $BNB