Binance Web3 Wallet Launches Yield Plus and Simple Yield Revenue Models
2024-05-20 16:19:36
On May 20th, Binance Web3 Wallet launched Yield Plus and SimpleYield. Yield Plus is a feature that showcases projects with potential airdrops or additional revenue opportunities, allowing users to access projects that offer multi-level rewards. Initially participating projects include: Eigenpie, Kamino Finance, Lista Dao, Marinade, Ondo Finance, Renzo, Stake Stone, and Sol Blaze.
In Simple Yield, users can earn APR using stablecoins and other tokens by providing liquidity to a lending agreement. When providing liquidity, users may receive both supply APR and distribution APR, depending on the protocol selected.