This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance On-Chain Yields is launching Solv Protocol BTC Staking from 2025-04-30 04:00 (UTC). Users can subscribe and stake their BTC to earn on-chain rewards sourced from the Solv Protocol.
Subscription Criteria: Available on a first-come, first-served basis. Minimum and maximum subscription limits and duration requirements apply, which will impact the APR rewards users receive. Refer to the respective subscription page for further details.
Rewards: Solv Protocol BTC staking rewards are distributed in SOLV*. Rewards are recorded daily starting from 00:00 (UTC) after users subscribe. However, these rewards are not distributed daily. All recorded rewards will be distributed to eligible users’ Spot Accounts when the staking period ends.
Early Redemption: Users can redeem their assets anytime before maturity and the redemption process is not reversible once confirmed. Early redemptions will result in a loss of all accrued rewards. Users will receive the full balance of their locked assets in their Spot Accounts within the next 3 days.
Notes: *This is based on the token prices of BTC and SOLV at the daily snapshot time.
*Daily Rewards in SOLV = (BTC (Price in USDT) * APR / 365) / SOLV (Price in USDT)
Website
Step 1: Click on [Earn] on the top navigation menu.
Step 2: Navigate to [Advanced Earn] > [On-Chain Yields].
Step 3: Click on [Subscribe] and confirm your stake amount and estimated rewards.
App
Step 1: Tap on [More] on the App homepage.
Step 2: Go to [Earn] > [On-Chain Yields].
Step 3: Choose your preferred portfolio and tap [Subscribe] to get started.
Binance On-Chain Yields allows users to easily participate in various on-chain protocols and earn tokens, points, and other rewards directly through their Binance account. With On-Chain Yields, users can explore high-yield opportunities within Binance without performing complex on-chain setups or operations.
Changes to the On-Chain Yields Rewards Rate will be published on the Platform from time to time. Please refer to On-Chain Yields Terms, Terms of Use, and Risk Warning for more information prior to using On-Chain Yields.
Users may view their Locked Products subscriptions by going to Assets > Earn > Staking > On-Chain Yields.
Early redemptions may be delayed due to exceptional circumstances, such as extreme market volatility, network outages, protocol failures, or a high volume of simultaneous redemption requests. For more information on associated risks, please refer to the risk warning.
On-Chain Yields is a high-risk product with no guarantee of principal or returns. It involves risks such as smart contract vulnerabilities, market volatility, protocol failure, and other potential risks. Users bear these risks independently, and Binance is not liable for losses from on-chain protocols.
There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2025-04-30
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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions, and Binance is not liable for any losses you may incur. On-chain Yields rewards, points, and APR are estimates of rewards you will earn over the selected timeframe. They do not represent actual or predicted returns/yield in any fiat currency. DeFi projects are typically more complex and carry higher risks. Users will bear these risks independently, and Binance does not assume responsibility for any asset losses due to participation in On-chain Yields or DeFi Projects. Always do your own research on the protocols. This is not financial advice. For more information, see our Terms of Use and Risk Warning.
