This is a general announcement. The products and services described herein may not be available in your region.
Promotion period: from 05/24/2023 08:00 to 06/24/2023 02:59 (Moscow time).
Liquidity farming service Binance is running a new promotion. With it, all users can receive ETH rewards in addition to BNB and pool rewards when adding liquidity to the WBETH/ETH pool.
Participating liquidity pools and APR*
Earn ETH rewards by adding liquidity to the WBETH/ETH pool!
Notes
Liquidity farming is a product that does not provide guarantees for the principal amount. Impermanent losses are possible. You can calculate the amount of non-permanent losses here.
Users can add liquidity to the WBETH/ETH pool in the liquidity farming service to receive liquidity rewards after the promotion ends. The amount of ETH rewards is limited. They will no longer be available after the promotion ends.
WBETH is a new liquid staking asset that is equal to 1 ETH and the staking reward earned from the ETH staking service on Binance. Users can use WBETH to participate in DeFi projects outside of Binance and continue to receive ETH staking rewards. Additional information is available here.
The total amount of rewards received by users depends on the APR* of the liquidity pools. The size of the indicated APR is calculated as of 05/24/2023 08:00 (Moscow time). Rates may change in the event of market volatility and increased trading activity. The latest APR is available on this page.
Adding funds to the liquidity pool carries certain risks. The amount of digital assets received upon redemption may differ from the amount of digital assets added to the liquidity pool. When adding or removing digital assets from the liquidity pool, a transaction fee may apply.
Full terms and conditions are available in the Binance Liquid Swap User Agreement. Additional information is available at the links below.
Binance reserves the right to cancel or change the promotion and its rules at its sole discretion.
If the translation and the original English version of the terms differ, the English version shall prevail.
Links to manuals and related materials
Liquidity Farming on Binance
How to participate in liquidity farming on Binance
How to get rewards for liquidity farming
How to find out your share in Binance liquidity farming and transaction history
Binance reserves the right, at its sole discretion, to edit, modify or cancel this announcement at any time and for any reason without prior notice.
Risk warning. Digital asset prices are subject to volatility. The value of your investment may fall as well as rise. You may not get back the amount invested. You are solely responsible for your investment decisions, and Binance will not be liable for any losses you may incur. APR is the estimated cryptocurrency reward you will earn over a certain period of time. The indicator does not reflect actual or projected income in any fiat currency. APR is adjusted daily, the actual amount of remuneration may differ from the calculated one. The information does not constitute financial advice. Additional information is available in the Terms of Use and Risk Disclosure.