Binance Earn Blocked (only for your funds)
Binance has a service called Simple Earn, which allows you to lock your assets to generate rewards. At first glance, it may seem similar to a traditional fixed-term deposit, but it actually works differently.
In these products, the APR is not fixed unless Binance explicitly states so (and they almost never do).
Moreover, very high APRs are usually temporary promotions.
When the promotion ends, the yield returns to the standard level, even if your subscription remains locked.
This is why it's crucial to read the terms and conditions and understand how the product works. This way, you avoid surprises and don't panic if you see the APR change
