Binance Staking
Staking
Binance launched its own ETH staking service to provide its users a more accessible way to participate in Ethereum staking.
Risk Rating
Average
Protocol Code Quality
Protocol Maturity
Protocol Design
Summary
Ready to earn 15% yield or more with Exponential ?
Information
Exploit/Hacks
None
- Documentation
- Auditors
- Please see our FAQ on experienced auditors
Info
- Website
- Tags: Staking
Key Metrics
- TVL: $2.8B (Rank #8)
- TVL Ranking by Staking: #0
- Blockchain: Ethereum, Binance
- Chain TVL
- Ethereum: $2.34B
- Binance: $430.68M
Risk Assessment
Average
Protocol Code Quality
- Code reviewed by at least one experienced auditor; PeckShield
- Public team promotes accountability
- No documented protocol hacks since launch
Protocol Maturity
- Latest protocol version launched in 2020; maturity over one year minimizes technical risk as smart contracts are well battle-tested
- Top 1% by total value locked reduces risk
- Core contracts can be upgraded with just an EOA wallet
- No timelock exists or no information documented, which mean a malicious actor could approve upgrades without any delay
- At least one critical governance issue documented
- No governance token and/or contracts are fully immutable
Protocol Design
- No death spiral concerns
- This protocol is susceptible to risks related to staking a token to secure a network, such as slashing events
Things to know about Binance Staking
Ready to
earn 15%+
yield?
Start earningarrow_forwardBinance Staking Pools
