Binance: After the merger of Ethereum, the annualized rate of return of BETH pledged by ETH 2.0 has been raised from 4% to 4.5%

Binance announced that it has adjusted the annualized rate of return of BETH pledged by ETH 2.0. After the merger of Ethereum is completed on September 15, 2022, the annualized rate of return of BETH pledged by ETH 2.0 has been raised from 4% to 4.5%. Due to the impact of the total number of pledges on the Ethereum network and transaction activity, the BETH annualized rate of return will be adjusted daily. In addition, based on the stability of the blockchain network, the distribution of BETH revenue from September 16, 2022 to September 18, 2022 will be delayed. The reissued rewards will be distributed to the spot wallets of users who are eligible for this reward within 7 working days. The average BETH annualized rate of return from September 16, 2022 to September 18, 2022 is approximately 4.87%.