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Binance Adds BNB DeFi Staking, Stake BNB on Binance With Annualized Earnings of up to 25%
2020-08-20 13:00
Fellow Binancians,
Binance Staking will add BNB to the DeFi Staking product at 2020/08/20 1:00 PM (UTC), where 7-day and 30-day products will be made available.
Product List (DeFi Staking)
Digital Assets | Term to Maturity | Individual Locked Staking Limit | Total Locked Staking Limit | Standard Annualized Interest Rate | Minimum Locked Amount | Unlock period |
BNB | 7 Days | 500 BNB | 50,000 BNB | 10.8% | 50 BNB | 1 Day |
BNB | 30 Days | 500 BNB | 80,000 BNB | 25% | 50 BNB | 1 Day |
Please note:
- BNB will be used to participate in Kava’s CDP.
- Users can view their DeFi Staking assets by going to Wallets > Savings > DeFi Staking.
- Once your BNB tokens are locked-up using a DeFi Staking product, your BNB will no longer be counted towards your average BNB calculations for various activities on Binance.
- DeFi Staking FAQ
Risk Warning: Binance strives to offer its users only the best DeFi Staking projects. However, Binance only acts as a platform to showcase projects and provide users with related services, such as accessing assets on DeFi projects through a proxy and distributing earnings, etc. Binance will not assume liability for any losses incurred due to project on-chain contract security issues.
Thanks for your support!
Binance Team
2020/08/20
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