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Binance Liquidity Farming Adds ETH Rewards for WBETH/ETH Liquidity Pool

Binance Liquidity Farming Adds ETH Rewards for WBETH/ETH Liquidity Pool

2023-05-24 05:15

This is a general announcement. Products and services referred to here may not be available in your region.

Activity Period: 2023-05-24 05:00 (UTC) to 2023-06-23 23:59 (UTC)

Binance Liquidity Farming has launched a new activity to reward its community! During the Activity Period, all users will stand to receive ETH Rewards in addition to BNB Rewards and Pool Rewards when adding liquidity to the WBETH/ETH liquidity pool. 

Eligible Liquidity Pool & APR*

Earn ETH Rewards Now on WBETH/ETH Liquidity Pool!

Notes:

  • Liquidity Farming is a non-principal guaranteed product, and impermanent loss may occur. Users can calculate their potential impermanent loss here.

  • Users can still add liquidity to the WBETH/ETH liquidity pool on Liquidity Farming to earn liquidity rewards after the Activity Period. ETH Rewards are limited, and will no longer be available after the Activity ends.

  • WBETH is a new liquid staking asset representing 1 ETH and the staking rewards accrued on Binance ETH Staking. Users can use WBETH to participate in DeFi projects outside Binance and still receive ETH Staking rewards. For more information, please visit here.

  • ​The total amount of rewards received by users is dependent on the APRs* of liquidity pools. The aforementioned APRs are estimates based on the rate on 2023-05-24 at 05:00 (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.

  • 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. When adding Digital Assets to, or redeeming Digital Assets from a liquidity pool, transaction fees may be incurred.

  • For full terms and conditions, read the Liquid Swap Terms of Use. Further information is available in the links below.

  • Binance reserves the right to cancel or amend any Activity or Activity Rules at its sole discretion.

  • Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

Guides and Related Materials:

Binance reserves the right in its sole discretion to amend 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.