Binance has redesigned its wallet feature Yield+ to allow users to optimise their crypto investments automatically, enabling them to generate higher returns. Binance Wallet Earn is a service that brings together on-chain yield opportunities from multiple DeFi protocols. It aggregates data from a variety of sources, such as lending, liquid staking, and RWAs, into a single platform. By providing a guided user experience, the platform simplifies the staking journey.
By employing one or two high-yield strategies for popular assets, Yield+ users get to leverage these opportunities, and they can easily stack the rewards with greater APR and points. They also get to enjoy lower gas fees through optimized contract interactions, all while conveniently connected to multiple DeFi protocols.
By enabling staking right within the Binance Wallet UI, users get to enjoy a more streamlined and efficient experience without having to switch between different apps. By doing this, Yield+ removes a key entry barrier, especially for those new to Web3 and on-chain staking. Also, there are additional earning opportunities which users can unlock by participating in exclusive, which offer high APR rewards.
“Our revamped Yield+ on Binance Wallet introduces significant enhancements, including a native staking experience, layering rewards such as APR boosts and points, and a guided staking process that allows users to navigate multiple protocols seamlessly,” said Jeff Li, VP of Product at Binance.
At the moment, popular assets like BTC, USDT, USDC, BNB, and SOL are available on Yield+ with tailored on-chain strategies. To commemorate the relaunch of Yield+, Binance is partnering with Solv, Ethena, and Solayer to conduct three exclusive campaigns. These campaigns will give users the chance to win $650,000 worth of project tokens. More details about Yield+ can be found here.
About Binance
Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 240 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means. For more information, visit: https://www.binance.com
This post was last modified on Dec 19, 2024, 16:11 GMT 16:11