Binance On-chain Yields allows you to participate in various on-chain protocols easily from your Binance account. You can earn rewards in the form of token or points without having to perform any complex tasks or setups. Binance's On-chain Yields product simplifies the process of on-chain staking for users, which is typically more complex and carries risks.
Binance On-chain Yields offers various types of rewards depending on the on-chain protocols, including tokens and points.
For tokens already supported on Binance, rewards will be distributed directly to the your Binance Spot Wallet. You can view and manage your earnings via [Wallet] - [Earn] - [Staking].
For rewards in tokens or points not supported by Binance, you’ll need to provide an on-chain wallet address, and Binance will distribute the rewards to that on-chain address. You can view and manage your earnings via [Wallet] - [Earn] - [Staking].
Binance On-chain Yields is subject to high risks, and its returns depend on the specific protocols, with no fixed rate or guarantee of returns. You bear the risk associated with each protocol, and it is recommended to conduct thorough research before participating. Please see our On-chain Yields Terms, Terms of Use, and Risk Warning for more information.
Binance On-chain Yields is a high-risk product with rewards dependent on the specific protocol, and rewards are not guaranteed. Each protocol may carry various risks, including but not limited to:
We recommend that you conduct thorough research to understand the potential risks associated with your selected protocols before participating in Binance On-chain Yields. Binance is not liable for any asset losses due to on-chain protocol issues.
For more information, including information on some of the risks you may encounter, please refer to our On-chain Yields Terms, Terms of Use and Risk Warning.
You can participate by visiting the On-chain Yields page, and selecting the protocol you wish to join. Binance will handle the integration with the on-chain protocol and manage the on-chain operations on your behalf.
Rewards are calculated based on the specific protocol in which the user selects and participates. Binance consolidates and calculates the rewards, deducts fees, and distributes them to users, which may differ from on-chain returns. Binance determines the final distributed reward amounts according to the protocol. Please see our On-chain Yields Terms for more information.
Rewards will begin to accrue the day after subscription, starting at 00:00 UTC. You’ll be able to view your reward distributions on the On-chain Yields page from T+2 day. Please note that there may be a delay of up to 8 hours due to the complexity of the data.
For example, if you choose to stake your BTC today (T - day), your rewards will start accruing the next day (T+1 day), and the rewards of T - day amount will be distributed on the next day after accruing (T+2 day).
Yes, you can submit a redemption request via On-chain Yields page or [Wallet] - [Earn] - [Staking]. Please note that there is a waiting period of up to 72 hours before receiving the assets, during which you can check the status of your redemption in your Earn Wallet.
Additionally, please be aware that there may be potential processing limitations due to network failures or congestion, and redemption may be subject to restrictions set by Binance.
No, the assets that you redeem will no longer be eligible for daily rewards during the redemption waiting period.
No, the redemption process is not reversible once started. However, you can re-subscribe again, but it will be subject to quota availability.
