Binance, one of the largest cryptocurrency exchanges in the world, has just added a new feature to Binance Earn: BNB Vault, which combines multiple income benefits of Binance Smart Chain (BSC), Launchpool, Savings, DeFi Staking and more through one interface, according to a press release shared with iHodl.
According to the exchange, this new feature will allow users to maximize their income potential with BNB, the platform's native token, from both centralized and decentralized finance products through a single click.
In particular, BNB Vault allows users to maximize their earning potential in just one platform. In addition, it will also be very useful for users who are not sure about which Binance Earn product they should use.
BNB Vault is basically a yield aggregator that lets BNB holders flexibly deposit and withdraw BNB.
The new feature allows users to gain simultaneously from Binance Earn products and the BNB staking mechanism on BSC, which is supported by the growing ecosystem of DeFi projects and other blockchain solutions that increasingly use BSC.
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