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Home NEWS NEWS BITCOIN Binance launches BNB Vault to help users increase their income

Binance launches BNB Vault to help users increase their income

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Binance has extended the Binance Earn feature with a BNB Vault where users can combine multiple products to earn extra income, including DeFi staking.

BNB Vault is a BNB profit aggregator. They will combine Flexible Savings, BNB DeFi Staking and Launchpool to provide users with the best annual returns, ranging from 5-8%.

User Binance This feature is currently available by visiting the BNB Vault page on Binance Earn and clicking stake. Details of all profits tied to BNB Vault are displayed there; These include Launchpool tokens earned from BNB staking, DeFi staking income, profits related to participation in Binance Smart Chain and rewards from Binance's Flexible Savings products.

Simply put, BNB users can earn income from both Earn and the staking mechanism on the Smart Chain of the exchange at the same time.

Users can stake funds or use BNB Vault as an intermediary to navigate various products. Stake funds will start accumulating interest at 00:00 UTC of the second day and the portion of earnings will be paid to users on the third day. Users can flexibly deposit and withdraw BNB.

BNB Vault is part of the goal of launching decentralized solutions through the world's largest exchange's Binance Smart Chain.


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