BINANCE WALLET LAUNCHES HOLD TO EARN WITH UP TO 4.75% APR
Binance Wallet just introduced Hold to Earn, letting users earn rewards simply by holding eligible stablecoins.
No staking.
No lockup.
No extra smart contract interactions.
At launch:
$U โ 1.5% APR on BSC
$USDE โ 4.75% APR on Ethereum
$USDS โ 3.6% APR on Ethereum
The setup is straightforward: activate Hold to Earn in Binance Wallet, hold at least 10 U, USDe, or USDS, and rewards start calculating after the required 24-hour holding period.
Rewards are calculated daily based on the lowest hourly snapshot balance and can be claimed every Tuesday after 00:00 UTC. Network gas fees apply.
One important detail: Binance says these rewards come from promotional contributions by partners, and are not yield generated by the underlying stablecoins. Rates can also change.
And Binance Wallet says a $150,000 U Swap & Earn leaderboard campaign is coming next.
Would you park stablecoins in Hold to Earn for rewards? ๐
#BinanceWallet #Stablecoins
Binance Wallet just introduced Hold to Earn, letting users earn rewards simply by holding eligible stablecoins.
No staking.
No lockup.
No extra smart contract interactions.
At launch:
$U โ 1.5% APR on BSC
$USDE โ 4.75% APR on Ethereum
$USDS โ 3.6% APR on Ethereum
The setup is straightforward: activate Hold to Earn in Binance Wallet, hold at least 10 U, USDe, or USDS, and rewards start calculating after the required 24-hour holding period.
Rewards are calculated daily based on the lowest hourly snapshot balance and can be claimed every Tuesday after 00:00 UTC. Network gas fees apply.
One important detail: Binance says these rewards come from promotional contributions by partners, and are not yield generated by the underlying stablecoins. Rates can also change.
And Binance Wallet says a $150,000 U Swap & Earn leaderboard campaign is coming next.
Would you park stablecoins in Hold to Earn for rewards? ๐
#BinanceWallet #Stablecoins
