This announcement is general in nature. The products and services mentioned herein may not be available in your area.
Halo Binancian,
To build a healthier and thriving BNB ecosystem, we decided to expand the benefits of BNB from Exchanges to the decentralized world with the new BNB DeFi Assets feature.
Starting from the next Launchpool, BNB DeFi Assets will be supported in reward calculations. This means that if you own supported BNB assets in your MPC Web3 Binance Wallet, they will be included in your Launchpool BNB holdings calculation for rewards.
Tokens Backed by BNB DeFi Assets:
Currently, BNB DeFi Assets supports the following liquid staking tokens:
Roadmap:
In addition to Launchpool, Megadrop and Airdrop HODLer will also support BNB DeFi Assets soon.
In the near future, Binance will consider expanding support for more decentralized BNB assets, such as other liquid staking BNB tokens, liquidity provider tokens from DEXs, interest-bearing tokens from lending protocols, and yield tokens from yield trading protocols.
We welcome projects to join as liquid staking tokens in BNB DeFi Assets. For more details, please email info@bnbchain.org or research.bd@binance.com.
Note: The email address above only accepts applications for BNB DeFi Assets and does not address suitability for listing on Binance.
Please note:
Users are responsible for informing themselves of, and complying with, any restrictions and/or requirements imposed in connection with access to and use of BNB DeFi Assets and Binance Web3 Wallet in each country from which the service is accessed.
Supported assets may include the risk of asset loss due to smart contract vulnerabilities. Binance is not responsible for such risks and potential loss of assets.
If supported assets are affected by an incident, such as a malicious issuance, Binance may exclude certain asset types from the overall calculation. Users may not be able to earn rewards as originally planned.
Because the DeFi BNB Asset calculation logic may be very complex, Binance reserves the right to make any adjustments and interpretations in the asset calculation process, including including or excluding certain asset types at any time, and adjusting the mapping logic of certain asset types and BNB amounts in a snapshot at any time . Due to the complexity of decentralized assets, deviations in calculations are unavoidable, so the number of assets in the final BNB DeFi Asset snapshot may be different from what you expect. Binance is not responsible for potential loss of these rewards.
Rewards will be calculated based on the daily exchange rate of BNB to liquid staking tokens which is based on the basic amount of BNB staked per liquid staking token at the time of calculation.
Participation in BNB DeFi Assets is subject to eligibility based on the user's country or region of residence.
Just like Launchpool, Megadrop, and Airdrop HODLer, a snapshot of the user's balance will be taken several times every hour to obtain the user's average hourly balance and calculate the user's reward.
Currently, BNB DeFi Assets only supports the MPC Web3 Binance Wallet. Users must have supported assets in their MPC Web3 Binance Wallet to be eligible for rewards.
Currently, users living in the following countries or regions will not be able to participate in BNB DeFi Assets:
Australia, Brazil, Canada, Cuba, Crimea Territory, Cyprus, Iran, Japan, New Zealand, Netherlands, North Korea, Russia, Syria, United Kingdom, United States and its territories (American Samoa, Guam, Puerto Rico, Northern Mariana Islands, Islands US Virgin), as well as non-government controlled territories in Ukraine.
Please note that the list of countries excluded here is not exhaustive and may change by changes in local rules, regulations or other considerations. This list may be updated periodically to accommodate changes in laws, regulations or other factors.
Binance reserves the right to take any action if participants are proven to engage in the below behaviors, including but not limited to wash trading, mass account registration, self-dealing, etc.
There may be differences between the translated version and the original English version of this article. Please reference this original version for the most current and accurate information should any discrepancies arise.
Thank you for your support!
Tim Binance
30-07-2024
