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How to Use BNB Vault

How to Use BNB Vault

2020-11-04 11:48
Tutorial Video

What is the BNB Vault?

BNB Vault is a one-click earning service for your BNB holdings. You can maximize the reward potential of your BNB holdings by integrating various Binance products within the Binance ecosystem.

Why should I use the BNB Vault?

  • Easy to stake;
  • Enjoy multiple rewards from the Binance ecosystem with just one click;
  • BNB Vault assets can be used as collateral for Binance Loans (Flexible Rate). These collateral assets will continue to earn Simple Earn Flexible rewards (Real-Time APR) but not other rewards.
  • Flexible redemption whenever you want.

How to calculate my BNB Vault rewards?

Daily BNB Vault rewards = New tokens rewarded from Launchpool + Simple Earn Flexible Product (BNB) + more
Please note:
  • You can view your BNB Vault assets and rewards from [BNB Vault] - [My Share].
  • Your staked BNB in the BNB Vault will be deposited in Simple Earn Flexible Products and are still eligible for BNB holding benefits from the Daily BNB Balance Calculation, such as airdrop, Launchpad holding position, VIP benefits, etc.
  • You may visit Get Started with Binance Simple Earn Flexible Products to learn how Simple Earn Flexible rewards are calculated and distributed.

Frequently Asked Questions

1. Is there a maximum subscription limit?
There is no maximum limit.
2. Is the BNB Vault a safe product?
Yes, BNB Vault is principal-protected in terms of token count.
3. When and where can I check my BNB Vault rewards?
Simple Earn Flexible Product (BNB) Real-Time APR rewards are accrued directly into your BNB Vault every minute. Bonus Tiered APR rewards are distributed daily into your Spot Wallet starting from the third day of subscription. Other rewards, such as Launchpool rewards, can be claimed manually from the Launchpool BNB Pool every hour. Unclaimed rewards will be automatically distributed to your Spot Wallet after the Launchpool session ends.
4. What is the estimated APR of BNB Vault?
The APR will be adjusted according to the actual benefits provided by Simple Earn Flexible Product (BNB), Launchpool, and future potential Earn products.
5. Can I redeem the staked BNB anytime?
Yes, you can redeem BNB from the BNB Vault anytime.
6. Is my staked BNB in the BNB Vault included in the BNB Balance Calculation Mechanism?
Yes, the staked BNB in the BNB Vault is included in the BNB Balance Calculation Mechanism, and you are eligible for BNB holding benefits, such as airdrop, Launchpad holding position, VIP benefits, etc.
7. How are Binance Launchpool rewards generated via the BNB Vault?
Users who stake their BNB in the BNB Vault will automatically participate in Launchpool projects and users can then claim the Launchpool rewards manually from the Launchpool BNB Pool every hour. Unclaimed rewards will be automatically distributed to their Spot Wallets after the Launchpool session ends. This applies to users who reside in countries or regions that allow the participation in Binance Launchpool projects. If there are more than one Launchpool projects running concurrently, users' BNB assets in the BNB Vault will be split and allocated into each project equally, unless otherwise specified.
Disclaimer: This document may have been translated and published in different languages. In the event of any inconsistency, misstatements, omissions, or errors appearing in any translated version, the English version shall prevail.