Binance Introduces USDe Yield Program With 4.75% APR

Binance has introduced a new program that allows users to earn daily rewards on its USDe stablecoin, issued by Ethena. The advertised annual percentage rate (APR) for this promotion is 4.75%. To participate, users must hold at least 0.01 USDe in their Binance account, which can be acquired through deposit or spot purchase.

Rewards accrue daily and are distributed weekly to the user's Spot Account, with no lock-up period required. Users can continue to trade or use their USDe as collateral across Binance's Margin and VIP Loan services during the promotion. The APR and terms of the offer are subject to change at Binance's discretion.

The exchange has emphasized that users should be aware of potential risks due to digital asset price fluctuations and the variable nature of returns.