Gains vs. Risks
SummaryGains: High APYs (4-100%), passive income, low entry barriers, and flexibility (e.g., WBETH). Binance’s vetting and no-gas-fee model enhance accessibility.
Risks: Smart contract vulnerabilities, market volatility, lock-up constraints, and platform risks. Early redemption penalties and fluctuating APRs can reduce returns.
Recommendation: DeFi staking on Binance is a good entry point for beginners due to its ease and vetting, but always research the specific protocol, diversify stakes, and only invest what you can afford to lose. For advanced users, exploring direct DeFi staking on audited protocols may offer higher rewards but requires technical expertise and risk management.
