Binance Wallet Launches Hold-to-Earn Feature for Three Stablecoins
The feature offers estimated APRs of 1.5% for U, 4.75% for USDe and 3.6% for USDS without staking, locking funds or smart-contract interaction.
Binance Wallet has launched Hold to Earn, allowing users to earn estimated returns on eligible stablecoins held in backed-up Binance wallets without private keys.
The first rollout supports U on BNB Smart Chain with an estimated 1.5% annual percentage rate, Ethena’s USDe on Ethereum at 4.75% and USDS on Ethereum at 3.6%.
Users can activate the feature with one click. The assets remain available for trading or transfer at any time and do not need to be staked, locked or connected to a smart contract.
Rewards can be claimed after 8 p.m. ET each Monday (midnight UTC Tuesday). Each claim requires payment of network gas fees.
