Dear Fellow Binancians,

In a recent announcement, Binance has informed its users of the discontinuation of Binance DeFi Staking starting from January 9, 2024, at 06:00 (UTC). Please note that this change in support means that DeFi Staking subscriptions will no longer be available.

To ensure a smooth transition, Binance will be closing all outstanding BNB, USDT, XVS, DAI, and CVX subscriptions on Binance DeFi Staking simultaneously on January 9, 2024, at 06:00 (UTC). The corresponding assets will be returned to users’ Spot wallets within the same day. If you have any assets in Binance DeFi Staking, you may choose to redeem them at any time before the specified date and time.

It’s important to note that these updates exclusively apply to Binance DeFi Staking and will not impact the availability of any offerings on Binance Simple Earn. Therefore, if you utilize Binance Simple Earn, you can continue to do so without any interruptions.

As with any translations, there may be discrepancies in the translated version of this original article in English. To ensure you have the latest and most accurate information, please reference this original version where any discrepancies may arise.

We appreciate your understanding and support during this change. If you have any further questions or require assistance, please reach out to the Binance team.

Thank you for being a valued member of the Binance community.

Binance Team
December 29, 2023