Activity: Binance Wallet ETH 32% APY~

This event is co-hosted with EtherFi, and a total of $150,000 worth of ETHFI tokens will be rewarded over 21 days.

The APY will ultimately drop to a value similar to that of on-chain interest.

Please note: Redemption requires 3 + 14 days. Based on the current APY, the actual APY = 32% / ((20 + 14 + 3) / 20) ≈ 17.3%.

It is estimated that the APY will not drop below around 10%, as at that point the actual APY will be just over 5%, similar to platforms on-chain.

Note: The above is for informational purposes only and is not investment advice; please conduct your own research!

DeFi Enthusiast: BitHappy