Binance has raised the annualized yield of BETH for ETH 2.0 staking from 4% to 4.5%
Chain Catcher news, Binance announced that it has adjusted the annualized yield of BETH for ETH 2.0 staking. After the Ethereum merger was completed on September 15, 2022, the annualized yield of BETH for ETH 2.0 staking has been increased from 4% to 4.5%. Due to the impact of the total staking amount and trading activity on the Ethereum network, the annualized yield of BETH will be adjusted daily.
In addition, based on considerations of blockchain network stability, the distribution of BETH rewards from September 16 to 18, 2022, will be delayed. The supplementary rewards will be distributed to the spot wallets of applicable users within 7 working days. The average annualized yield of BETH from September 16 to 18, 2022, is approximately 4.87%. (Source link)