What Is Yield+ on Binance Wallet Earn?

Binance Wallet Earn aggregates on-chain yield opportunities across various DeFi protocols (lending, liquid staking, RWAs, etc). As an advanced component of Earn, Yield+ offers Binance users high-return strategies involving layering rewards from multiple liquid staking and restaking protocols.

You can stake and supply your assets to these strategies directly on Binance Wallet without needing to switch between different external dApps. Each strategy displays the engagement path with protocols and reduces gas fees in a one-step interaction, delivering a seamless earn experience.

Below is a list of frequently asked questions that can enhance your Wallet Earn experience and potentially help resolve any queries you might have.

1. What is Yield+ and how to participate?

Yield+ is an on-chain yield strategy product that optimizes user returns by providing structured steps for navigating multiple liquid staking and restaking protocols.

1. Go to your Binance Wallet and navigate to [Earn] - [Yield+].

2. Under [Recommended Strategy], choose your preferred strategy and tap [Stake].

3. Read the protocol information carefully before tapping [Stake Now].

4. Follow the on-screen instructions, enter the staking amount, and tap [Confirm Invest].

5. Once your assets are successfully staked, you may find liquid staking tokens (LSTs) in your Binance Wallet.

*Please note that some strategies do not have LSTs. You can go to the protocol’s dApp to check your positions and reward details.

2. How to learn more about the protocols I engaged with?

You can get more information of the underlying protocols of your staking strategy from:

• Yield+ homepage;
• Strategy details page; or
• Staking confirmation page.

Notes:

• Doing your own research (DYOR) and acquiring a solid understanding of the involved protocols is essential before engaging with any protocols. Binance is not liable for any losses incurred.
• Always confirm the authenticity of the pages you’re engaging with and the legitimacy of the messages you’re approving before proceeding.

3. Where can I find my positions and rewards?

Upon staking your assets into the strategy, you may receive liquid staking tokens (LSTs)*, such as slisBNB, sBNSOL, PT sUSDe, and SolvBTC.DeFi in your wallet.

*Please note that some strategies do not have LSTs. You can go to the protocol’s dApp to check your positions and reward details.

If you received LSTs, you can find your positions and rewards here:

1. Go to [Earn] - [Yield+] and find your position(s). You’ll be able to view more details.

2. Visit the protocol’s website from [Protocol] on the staking interface.

3. Go to [Wallet] on Binance Wallet.

4. How to earn more from Yield+? Where can I check for the latest promotions?

Binance Wallet Earn will launch exclusive campaigns with protocols from time to time, you can find more information from the banner on the Binance Wallet Earn page, or stay connected with Binance Wallet on social media.

5. How to withdraw or unstake from a protocol? Is there any lock-in period before the asset returns to my wallet?

You can withdraw liquidity or unstake from the protocol at any time. However, the interest on the liquid staking token or point accumulation will cease upon this action.

1. Go to [Yield+] and choose the strategy you want to unstake. Tap [Redeem] on the protocol’s website to withdraw your positions.

Please note that some strategies may require you to unstake from multiple protocols in order to redeem all your staked assets. Please follow their instructions to unstake your assets.

2. Enter the amount to unstake. Check the network fee and the token amount you can receive. Tap [Confirm Withdraw].

3. Check and sign the transaction message by tapping [Sign]. Your tokens will be unstaked.

Please note that each protocol has its own unstaking rules. You may not receive your staked assets immediately after redemption. Please check the respective waiting period required by the protocol before staking and unstaking. You may visit the protocol’s website or go to [Mechanism] - [Redemption] on a strategy to learn more.

4. After receiving your redeemed assets, you can use Binance Wallet’s Swap function to swap your tokens. For example, swapping BNSOL to SOL.

6. What is the difference between Yield+ and Simple Yield?

Simple Yield aggregates various pools from lending, liquid staking, staking and RWA Protocols. You can choose one pool and stake or supply to earn yield directly within the Wallet.

Yield+ provides more comprehensive yield opportunities. It guides users to engage multiple liquid staking and restaking protocols, layering rewards for maximizing returns.

Risk Warning:

As with any asset, the value of Digital Assets can fluctuate significantly and there is a material risk of economic loss when buying, selling, holding or investing in Digital Assets. You should therefore consider whether trading or holding Digital Assets is suitable for you in light of your financial circumstances.

Further information on the risks associated with using the Binance Services is set out in our Risk Warning, which may be updated from time to time. You should read the Risk Warning carefully, however it does not explain all of the risks that may arise, or how such risks relate to your personal circumstances.

It is important that you fully understand the risks involved before making a decision to use the Binance Services.

Disclaimer:

Binance Wallet is an optional product. It is your responsibility to determine if this product is suitable for you. Binance is not responsible for your access or use of third-party applications (including functionality embedded within the Binance Wallet) and shall have no liability whatsoever in connection with your use of such third-party applications, including, without limitation, any transactions you dispute. Please carefully review the Binance Wallet Terms of Use and always do your own research.