Overview

• Binance Earn Vault aims to facilitate Binance Wallet users with one-stop YBTC.B yields earned from protocols on Sui ecosystem. Stake BitlayerBTC or YBTC.B into the Vault and earn yields generated from Sui protocols, including Momentum Finance and Volo.

Details

• The Vault is capped at 500 BTC, which is reached based on the rules of FCFS. When the cap is reached, no more deposits can be accepted until the earlier depositor redeems to release more deposit quotas.
• The Vault yield consists of two parts, i.e. Defi yield generated from Sui protocols (Momentum and Volo), and $BTR boost yield exclusive to Binance Wallet users.
• Defi yield is valid during the entire lifetime of the Vault. $BTR boost yield is valid during the exclusive campaign period with Binance Wallet.
• Users could redeem their deposited funds anytime.
• Users will be able to claim their funds and Sui defi yields together after 7 days from the redemption date.
• $BTR boost yield earned during the exclusive campaign period with Binance Wallet will be airdropped directly in Binance Wallet within 4 weeks after the Binance Wallet campaign ends.

Risk Warnings

• Contract Risk: If there are vulnerabilities in the Vault contract or cooperating protocol contracts, it may result in asset loss.
• Strategy Execution Risk: If the strategies do not meet expectations, returns may be lower than predicted or even negative.
• Liquidity Risk: If the strategy funds are not recovered in time when the Vault matures, redemption may be delayed.
• Cross-chain Bridge Risk: If the Vault involves cross-chain bridge operations, users bear the potential technical or delay risks during the bridging process.