Binance Super Mining is a feature offered by Binance within decentralized finance (DeFi) services or on the Launchpool or Launchpad platform, aimed at enabling users to achieve high returns on the digital assets they stake or provide on the platform.
A simplified explanation of the concept of super mining on Binance:
🔹 Traditional mining:
It is the process of confirming transactions on the blockchain using computing power.
🔹 Super mining on Binance:
It is a marketing term used by Binance for users' participation of their digital assets (such as BNB or USDT or others) in specific projects on the platform, and they are rewarded with new tokens or high profits.
Its main features:
✅ High returns: Usually announced as an annual percentage yield (APY).
✅ No major risk: The user retains the original currency asset (like BNB) and earns additional coins.
✅ Flexibility in withdrawal: Sometimes withdrawals are instant, and sometimes after a specified lock-in period.
✅ Launching new tokens: Super mining is often associated with the launch of new tokens.
Binance may announce a new project and allow users to deposit BNB into a special super mining pool, and in return, they receive the new project tokens at a certain rate daily.