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ZEROBASE Earn Booster TVL Surpasses $400 Million With 70,000 Users

The joint Earn Booster program between Binance Wallet and ZEROBASE achieves a record total value locked (TVL) of over $400 million, attracting more than 70,000 participants.

USDT

Summary

The ZEROBASE Earn Booster program, a joint initiative with Binance Wallet, has reached a record total value locked (TVL) of over $400 million. With more than 70,000 participants, users who deposit USDT into the Simple Yield ZEROBASE USDT Vaults can earn up to 16.27% annual percentage rate (APR).

Terms & Concepts
  • Total Value Locked (TVL): The total value of assets deposited in a DeFi protocol, indicating its scale and user trust level.
  • USDT: A stablecoin pegged to the US dollar, commonly used in trading and yield-earning in cryptocurrency markets.
  • Annualized Yield: The projected annual return on an investment, expressed as a percentage, assuming current rates remain constant.