Does Binance support UST staking (terrausd)?

Update – UST collapsed during the LUNA crash but Binance and other platforms still support other stablecoins with high yield like USDC. UST staking on Anchor Protocol is one of the best ways to earn interest on stablecoins and Binance has recognized that by also announcing support for UST staking (TerraUSD) within its Binance Earn platform.

Is Binance staking safe?

To help combat some of these risks, Binance staking offers some protections to users. However, there will always be risks associated with any form of staking, even through Binance. Slashing Risk: Binance Staking takes on all slashing risks for users. This promise means that the same amount of tokens that a user staked will be returned to them.

What's new with Binance flexible savings apys?

Binance has decided to change how Flexible Savings’ rewards are shared, meaning most users will take home even more gains. Let’s take a look at how you’ll be earning more with our new Tier APYs. Previously, Flexible Savings offered a flat rewards rate on any deposits.