Earn Rewards:

Rewards accrue based on the protocol’s Annual Percentage Rate (APR) or Annual Percentage Yield (APY), typically calculated daily and distributed daily, weekly, or at the end of the staking period. For example, Binance’s ETH DeFi staking promotion offered up to 4.5% APR for a 30-day lock-up.

Redemption:

After the staking period, your principal and rewards are returned to your wallet. Binance’s DeFi staking typically has a 24-hour unlocking period for early redemption, during which no rewards are earned.

Auto-Staking: Some platforms, including Binance, automatically restake expired products, so rewards continue accruing immediately unless you opt out.