Binance’s staking platform added BNB as a staked mining asset.

The staked BNB assets can be used for mining to earn income and deduct the interest.

In addition, the Binance staked and borrowed currency platform has launched the ” Automatic Position Replenishment ” function.

This function can help users to better manage staked and loan orders.

After enabling “automatic top-up”, when the user’s staking rate reaches the top-up staking rate, the system will automatically use the corresponding collateral assets of the spot account to supplement the collateral until the initial staking Rate.

The “Automatic Top-up” function will be activated after you receive a margin call, please ensure that the spot account has sufficient balance.

You can go to the asset overview on the Binance staking and Loan page, and click the “Auto Top-Up” button in the upper right corner to enable the “Auto Top Up” function.

Please note that users still have the risk of being liquidated by using the “Automatic Top-up” function when violent market conditions occur.

Binance will dynamically adjust parameters such as borrowable currency / staking currency / interest rate / maximum borrowable amount according to the actual market operation and risk level.

Go to Binance Official Website