Binance DeFi Staking Launches BUSD High-Yield Activity

Binance DeFi Staking platform will launch the BUSD high-yield lock-up activity at 20:00 on March 24, 2022 (East 8th district time).

The annualized rate is as high as 13.33%.

  • Participation method: first come first served
  • Earnings calculation cycle: from 08:00 (East Eighth District time) the next day after the successful lock-up until redemption. Note: Income is calculated in days, and the shortest period is one day. Less than one day will not be included in the income distribution statistics.
  • Earnings distribution: Daily distribution
Digital Assets BUSD
Duration 120 days
Max. DeFi Staking Limit Per User 100 BUSD
Standard Annualized Interest Rate 13.33%
Min. DeFi Staking Limit 0.01 BUSD

DeFi Staking assets can be viewed at the top right of the DeFi page, including details such as mining balance and accumulated income.

The rate of return is adjusted daily according to the income on the chain, and the specific value is subject to the page display of the day.

About the redemption credit time: users can choose standard redemption at any time, and the principal will be returned to the user’s spot account one day after redemption.

Since DeFi Staking is an on-chain pledge operation, and due to different time zones around the world, it takes 24-48 hours to arrive at the account.

Go to Binance’s Official Website