Updates on Binance BNB Vault Services (2024-09-12)
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is excited to share an update designed to streamline users’ investing experience on the platform.
BNB Vault has been merged into Simple Earn BNB Flexible Products.
With this merge, users can subscribe to BNB Flexible Products directly from the Simple Earn page.
Existing BNB Vault entrance in the Binance App will be removed after 2024-09-12 03:00 (UTC).
The reward distribution mechanism remains unchanged.
Assets deposited into the Simple Earn BNB Flexible Product continue to be automatically eligible for Launchpool rewards and HODLer Airdrops, just as they were with BNB Vault.
This update does not affect users’ existing positions or rewards.
Notes:
To view past Launchpool reward records, simply navigate to [Simple Earn] > [BNB Subscription] > [Product Rules].
For detailed information, please visit Simple Earn Flexible Product FAQ and Simple Earn Product Terms.
To check your current Simple Earn BNB Flexible positions, please visit Earn wallet.
Regarding Simple Earn Flexible Product rewards: Bonus Tiered APR rewards are offered as an additional reward on top of Real-Time APR.
Upon subscription, Bonus Tiered APR rewards start to accrue the next day starting from 00:00 (UTC).
Rewards will start to be distributed the following day after accrual starts between 00:00 (UTC) and 08:00 (UTC) to the user’s Spot Wallet. Real-Time APR rewards accrue and directly accumulate in users’ Earn Wallets every minute.
There may be discrepancies in the translated version of this original article in English.
Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Thank you for your support!
Binance Team
2024-09-11
