I have been stacking my BNB on the BNB Vault of the Binance App and so far, I am loving it.
One of the perks of staking BNB on the BNB Vault is that it is a one-click to earn multi-benefit with BNB.
To those who currently hold BNB on their spot wallet in Binance exchange, I suggest that you should stake it on the BNB Vault to earn passive income by holding your BNB.
Here are some of the Frequently asked Questions about the BNB Vault.
What is BNB Vault?
"BNB Vault is a BNB yield aggregator. Depositing BNB means participating in Launchpool, Savings, Defi stak,ing and other projects and at the same time gaining rewards."
-Binance App
What are the sources of BNB Vault reward?
"The rewards from BNB Vault is accumulated by the income of different projects. Currently it includes Savings, Launchpool, Defi staking."
-Binance App
When will BNB Vault start calculating rewards?
"BNB Vault is equivalent to participating in multiple projects at the same time, and the calculation of income and interest is calculated separately according to different product rules."
When will BNB Vault start to distribute profits?
"When depositing BNB, user's rewards will be distributed the next day."
When will Savings products start calculating earnings?
"After transfering Savings, users will receive Savings interest, and the income will be calculated on the second day."
When will Launchpool start calculating rewards?
"Binance will take an hourly snapshot of user holdings and Launchpool, and calculate mining rewards; The annualized income and total Launchpool data of each pool will be updated in real time; BNB transferred to the Launchpool will still enjoy BNB's standard equity holding statistics, such as airdrops, Launchpad holding statistics, VIP rights, etc."
When I subscribe to BNB super mining products, when can I redeem them?
"Redeem at any time."
I am currently staking 3.96 BNB on the BNB Vault and after a day of launching the TLM Launchpool, I already earned 2.81 TLM for free.
Currently, it doesn't have a value on Binance yet as it is not yet listed on that exchange, but on other exchanges, it is already traded at $2 to $3, and others are saying it reached a high of $9.
It will be listed on the Binance Exchange in the coming week.
Farming TLM will end 28 days from now or by the month of May.
Alien Worlds (TLM) is A Simulated Economy Where Players Compete with NFTs.
Before the end of the month, I will check how many TLM was I able to farm and add it to my list of Passive Income.
Also, when you stake your BNB on the BNB Vault, you can receive other rewards as well. Here are the rewards I have earned so far just by staking my BNB there.
So if you have a sleeping BNB on your Spot wallet, just stake it and earn rewards from it.
Follow my Building Passive Income Journeys Here:
Building Passive Income on Cub Finance: Farms and Dens
Building Passive Income on Pancakeswap Finance: Farming CAKE-BNB LP
Wala pang $1 yung BNB ko hahahaha tapos naitry ko stake nung isang araw nagulat ako merong Alice at TLM. Sana pala naghold din ako ng BNB.