What is BNB Vault? BNB Vault Binance User Guide

What is BNB Vault?

It is a BNB yield aggregator, which makes it possible for BNB holders to deposit and withdraw BNB flexibly through Binance Earn. It is an investment project that integrates different products within the Binance ecosystem, helping users to maximize the earning potential from BNB coins of both centralized (CeFi) and decentralized (DeFi) finance. When deposit BNB, you can join Launchpool, Savings, Defi Staking and other projects, receiving rewards at the same time.

Rewards from BNB Vault

How to calculate rewards

Rewards from BNB Vault are accumulated based on the earnings of Savings, Launchpool, DeFi Staking and other projects. Registering BNB Vault means participating in many projects at the same time, income and interest is calculated according to different product rules.

On the BNB Vault page, you can easily see the benefits received from BNB staking, including:

Rewards from flexible savings
New token from Launchpool obtained by Staking BNB
Income from Staking DeFi

For example, staking 100 BNB in the BNB Vault will receive the following three sources of income:

Get Spot income from BNB flexible savings (the quota of 100 BNB);
Receive token rewards from Lauchpool (the quota of 100 BNB);
Receive income from DeFi staking and others (like mining on the BNB chain according to the holding rate in the BNB Vault).

Rewards from BNB Vault are accumulated by the earnings of Savings, Launchpool, DeFi Staking and other projects

Some notes

Income is calculated daily and allocated to the user’s Spot account;
BNB Vault will start calculating interest at 0:00 A.M (UTC) on the second staking day and the income will be paid on the third day;
Income from DeFi Staking or other products will be allocated according to actual income;
BNB assets already staked in the BNB Vault will be deposited into flexible savings. BNB holders are still eligible for benefits from the Daily BNB Balance Calculation program, such as airdrops, Launchpad holding positions, and so on,…

What is the difference between BNB Vault and Launchpool projects?

If there is only one project in Launchpool, the APY of these two products is the same.
If two projects or more are implemented in Launchpool, BNB Vault will automatically register the projects for users according to configuration. Meanwhile, users can choose the project to participate and allocate cryptocurrencies at will in Launchpool.

Benefits of BNB Vault

Access to all products of BNB Chain (Binance Smart Chain – BSC)

It is a first-of-its-kind integrated product which users have the capability to access to all products of BNB chain through Binance Earn, among other benefits on the BNB chain.

Maximize income from combining DeFi and CeFi

Users will be able to earn profits immediately from Binance Earn products and the BNB staking mechanism on BSC. This solution drives the growth of the Ecosystem of DeFi projects and blockchain on BSC. It can deliver up to 10 times more profit than BNB self-staking. APY is adjusted for real income and the risk level of BNB flexible savings, DeFi Staking, Launchpool and potential products in the future.

Create a product chain around BNB in the future

It unlocks the potential to create a product chain around BNB in the future, providing development opportunities for decentralized solutions on BSC.

Flexible mechanism

BNB owners can choose to stake or cancel at any time. After completing the BNB Vault registration, you can withdraw funds from 00:10 to 23:50 (UTC) through 2 methods: fast redemption and standard redemption. A fast redemption will allow the withdrawal of BNB on the same day of the request, but you will lose the interest accrued on that day. The standard redemption will return your assets on the next day, but you are still entitled to the accrued interest on that day.

How to register BNB Vault

Step 1: On the home page of the Binance app, click [Earn] and then select [BNB Vault].

Access to Binance Vault — Click [**Earn**] and then select [**BNB Vault**]

Step 2: Click [Subscribe]. When the Staking BNB registration window pops up, click [MAX] to select all the BNB balances or enter the number of BNB you want to stake. If you have read and agree Binance savings service agreement, click [Confirm].

Fill in the BNB number and confirm — Fill in the amount of BNB and confirm

How to withdraw BNB Vault

Step 1: On the home page of the Binance app, click [Earn], and then select [BNB Vault]

Step 2: Tap [Redeem] to unlock the BNB. Click [MAX] to select all BNB balances or enter the amount you want to withdraw. Choose either fast redemption or standard redemption. The fast redemption function allows users to withdraw BNB on the same day. Meanwhile, standard redemption allows to withdraw BNB on the next day, users still receive today’s accrued interest. If you have read and agree Binance savings service agreement, click [Confirm].