Binance Web3 wallet launches "Yield Plus" and "Simple Yield" earning models

2024-05-20 16:15:19

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ChainCatcher news, Binance Web3 wallet has launched two yield modes: "Yield Plus" and "Simple Yield". These new features will enable users to earn and discover more DeFi opportunities in the Binance Web3 wallet.

Yield Plus is a feature that showcases projects with potential airdrop or additional yield opportunities. It allows users to easily access projects that offer multi-tier rewards. Initial projects include: Eigenpie, Kamino Finance, Lista Dao, Marinade, Ondo Finance, Renzo, StakeStone, and SolBlaze. Additionally, the Binance Web3 wallet will announce exclusive events through the Binance Web3 X account in future updates.

In the Simple Yield Zone, users can earn annual interest rates by easily providing liquidity to lending protocols using stablecoins and other tokens. When providing liquidity, users may receive both supply annual interest rates and allocation annual interest rates, depending on the chosen protocol.

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Binance Web3 Yield Plus Simple Yield

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