Digital Assets | Term to Maturity | Individual Locked Staking Limit | Total Locked Staking Limit | Standard Annualized Interest Rate | Minimum Locked Amount | Unlock period |
DAI | Flexible Locked | No upper limit | No upper limit | 5.8% | 100 DAI | 1 Day |
DAI | 7 Days | 100,000 DAI | 2,000,000 DAI | 10% | 100 DAI | 1 Day |
DAI | 30 Days | 100,000 DAI | 1,000,000 DAI | 12% | 100 DAI | 1 Day |
- DAI will be used to participate in Compound Staking.
- Users can view their locked staking assets by going to Wallets > Savings > DeFi Staking.
- Once your tokens are locked-up using a DeFi Staking product, your assets will no longer earn monthly staking rewards.
- DeFi Staking FAQ
- Easy to use: You don't need to manage private keys, acquire resources, make trades, or perform other complicated tasks to participate in DeFi Staking. Binance's one-stop service allows users to obtain generous online rewards without having to keep an on-chain wallet.
- Lower risks: Binance selects only the top DeFi projects in the industry and monitors the DeFi system in real-time while it's running in order to reduce the risks associated with such projects.
- Higher earnings: DeFi Staking does away with the exorbitant fees that come with trading. Users are able to earn high returns, while maintaining the same level of risk.
Note: This announcement was last updated on 2022-05-24.