Binance Wallet launches a stablecoin no-deposit earning feature, with USDe estimated annualized rewards of up to 4.75%
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AT A GLANCE
According to Binance Wallet, activating the feature and holding the specified assets for at least 24 hours may yield estimated annualized rewards of up to 4.75%.
Article
Binance Wallet launches a no-deposit yield feature, with holdings of U,USDe and USDS eligible for up to 4.75%annualized rewards
BlockBeats news,September 25, according to an official announcement,Binance Wallet has launched a no-deposit yield feature. After users hold eligible stablecoins in the wallet and activate the feature, they can receive yield rewards without staking, locking up funds, or interacting with smart contracts.
The feature currently supports three assets: U,USDe and USDS; U supports the BSC network, with estimated annualized rewards of 1.5%；USDe supports the Ethereum network, with estimated annualized rewards of 4.75%；USDS supports the Ethereum network, with estimated annualized rewards of 3.6%。
Binance. Rewards begin accruing after users activate the feature and hold eligible assets for at least 24 hours. Rewards accrue daily and are distributed weekly. The rewards are funded by a partner's promotional campaign and do not represent returns generated by the assets themselves. In addition,Binance Wallet will launch a U leaderboard campaign, with a prize pool worth a total of 150000 USD, distributed in U tokens.
Original link https://m.theblockbeats.info/flash/368931
Key points
01
Binance Wallet launches a no-deposit earning feature. After activation, users holding eligible stablecoins can earn rewards without staking, locking up funds, or interacting with smart contracts.
02
Supports U BSC network, with an estimated annualized reward of 1.5%。
03
USDe Supports the Ethereum network, with an estimated annualized reward of 4.75%。
04
USDS Supports the Ethereum network, with an estimated annualized reward of 3.6%。
05
Rewards begin accruing after the user activates the feature and holds eligible assets for at least 24 hours, accrue daily, and are distributed weekly.
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Reward funds come from partner promotional activities and are not returns generated by holding the assets themselves.
07
Binance Wallet will subsequently launch a U leaderboard campaign, with a total prize pool value 150000 USD, distributed in U tokens.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a wallet rewards campaign. Users must first activate the feature and then keep eligible U,USDe or USDS in the wallet for at least 24 hours, after which rewards can be accumulated according to the rules. The annualized rate stated in the text is an estimate and does not represent a confirmed ability to earn an equivalent return.
Why it matters to readers
This feature allows users to participate in rewards without staking, locking up assets, or interacting with smart contracts. However, the rewards depend on promotional funding from partners rather than returns generated by the assets themselves.
New users should clearly distinguish between estimated annualized rewards and fixed returns, and confirm the supported assets, networks, eligibility, and specific rules before participating.
Risks and unknowns
The evidence cites an official announcement but does not provide the original link to that official announcement.
The campaign period, applicable regions, user eligibility, holding amount, and reward cap are not specified.
Estimated annualized rewards may change; the evidence does not state whether the rate is fixed.
The identity of the partner and how long the promotional campaign's funding will remain sustainable are not specified.
The start time and detailed rules for the U leaderboard event have not yet been specified.
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Related concepts
Estimated Annualized Rewards
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