This is a general announcement. Products and services referred to here may not be available in your region.
Activity Period: 2022-12-21 12:00 (UTC) to 2023-01-21 09:00 (UTC)
Binance Liquidity Farming is pleased to announce that we are offering BETH rewards in addition to BNB rewards for the ETH/BETH liquidity pool, effective from 2022-12-21 12:00 (UTC). To celebrate this, all users who add liquidity to the ETH/BETH liquidity pool during the Activity Period will stand to enjoy an exclusive APR of 8.12%!
| Eligible Liquidity Pool | APR |
| ETH/BETH | 8.12% |
Please Note:
- Liquidity Farming is a non-principal guaranteed product, and impermanent loss may occur. Users can calculate their potential impermanent loss here.
- Users may enjoy the exclusive APR for the ETH/BETH liquidity pool for the duration of the Activity Period. The additional APR enjoyed by users during the activity period will be adjusted to the standard APR once the Activity ends.
- The APR of 8.12% is an estimate based on the rate on 2022-12-21 at 12:00 (UTC). As APR is dynamic, and may fluctuate at periods of market volatility and increased trading activities, it is subject to the page display on the day. Please refer here for the latest APR.
- Users may subscribe to ETH 2.0 Staking to passively earn ETH rewards. BETH is a tokenized representation of staked ETH with a ratio of 1:1.
- After the Activity Period, Binance Liquidity Farming will track the APR displayed on ETH 2.0 Staking page, to facilitate the continuous distribution of daily BETH rewards from ETH 2.0 Staking to the BETH/ETH liquidity providers.
How to Get BETH:
- Users may obtain BETH tokens on Binance via one of the following ways:
- Option 1: Go to the ETH 2.0 Staking page and select âStake Nowâ. Enter the ETH amount, click âConfirmâ, and receive BETH in your Spot wallet.
- Option 2: Purchase BETH from the ETH/BETH liquidity pool using ETH on Binance Swap Farming.
- Option 3: Purchase BETH by completing trades on the BETH/ETH and BETH/BUSD trading pairs at Binance Spot.
- Using the BETH obtained, users can then add liquidity to the ETH/BETH liquidity pool.
How to Add ETH & BETH to the ETH/BETH Liquidity Pool:
- Step 1: Click here to go to the Liquidity Farming page.
- Step 2: View the ETH/BETH liquidity pool.
- Step 3: Decide whether you would like to add both ETH and BETH tokens or just one type (ETH or BETH) into the ETH/BETH liquidity pool. Confirm the amount of tokens you desire to add in the pool by clicking [Add Liquidity].
- Step 4: Click [Claim] > [Claim Rewards] to transfer rewards to your Spot Wallet at your desired time, and accumulate liquidity rewards in the form of ETH, BETH and BNB!
For More Information:
Terms & Conditions:
- Users may enjoy the exclusive APR for the ETH/BETH liquidity pool for the duration of the Activity Period. As APR is dynamic, it is subject to the page display on the day.
- When adding Digital Assets to, or redeeming Digital Assets from a liquidity pool, transaction fees may be incurred.
- Adding funds to a liquidity pool carries certain risks. The number of Digital Assets you redeem may be different from the number of Digital Assets you add to a liquidity pool.
- Binance Liquidity Farming does not provide guaranteed earnings. In extreme cases, it may cause a principal loss due to the impermanent risk.
- For full terms and conditions, read the Binance Liquid Swap User Agreement.
- Binance reserves the right to cancel or amend any Activity or Activity Rules at our sole discretion.
- Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. APR is an estimate of rewards you will earn in cryptocurrency over the selected timeframe. It does not display the actual or predicted returns/yield in any fiat currency. APR is adjusted daily and the estimated rewards may differ from the actual rewards generated. Not financial advice. For more information, see our Terms of Use and Risk Warning.