According to the announcement from Binance, the platform is set to enhance its staking offerings by introducing a limited-time higher Annual Percentage Rate (APR) for Ethereum (ETH) and Solana (SOL) staking. This initiative aims to reward the community and improve user experience, with the promotion running until the end of 2025. Users who subscribe to ETH and SOL staking by December 31, 2025, will benefit from increased APR rates, with ETH staking offering up to 2.6% APR and SOL staking providing up to 5.6% APR.
Binance has updated the Price Index Components for WBETH and BNSOL to ensure more reliable price tracking for liquidations. The index price will rely on official conversion ratios, minimizing the impact of token spot market volatility and accurately reflecting the underlying staked asset value. The Collateral Ratios for WBETH and BNSOL on Portfolio Margin and Cross Margin remain consistent with ETH and SOL respectively.
Binance ETH Staking (WBETH) allows users to stake Ethereum tokens to support the network's operations, contributing to its security and efficiency. Users receive WBETH tokens, representing staked ETH and rewards. Binance SOL Staking (BNSOL) offers a tradable form of staked SOL plus rewards, providing flexibility to sell, transfer, or use the staked position outside the Binance platform while still earning rewards. BNSOL accumulates staking rewards through the BNSOL:SOL conversion rate, even when used in other Binance products or external DeFi applications.
Terms and conditions apply to this activity, and users must adhere to Binance's guidelines. Binance reserves the right to adjust APRs and disqualify participants involved in dishonest behavior. The platform may amend terms without prior notice, and users are responsible for understanding regional restrictions on Binance services.
Anais
