1
How does RWUSD work? Where does the yield come from?
RWUSD is a principal-protected product with RWUSD as the tokenized representation of your subscribed assets. The value of RWUSD is pegged 1:1 to the stablecoin you subscribe with. Users can subscribe with selected stablecoins under a flexible duration to earn APR rewards. The rewards are paid out in RWUSD daily.
The yield is generated from Binance’s operations including but not limited to the investment in Real-World Assets such as tokenized US Treasury Bills. The APR is determined at Binance’s sole discretion by considering, among other things, the market conditions and the sustainability of the product.
2
How to subscribe? Is there a limit?
You can subscribe anytime using selected stablecoins* within your personal and the product’s total subscription limits. Upon subscription, you will receive the corresponding amount of RWUSD at a 1:1 ratio. For example, if you subscribe with 100 USDC or USDT (whichever is eligible), then you will receive 100 RWUSD in your Spot Account as the tokenized representation of your subscribed assets.
Minimum holding should be at least -- RWUSD to accrue rewards. Subscriptions from both the master account and subaccounts are available.
*Qualified global users can subscribe to RWUSD with USDT, whereas eligible users in the EEA region can subscribe using USDC
3
How to redeem? Is there a redemption fee?
You may redeem RWUSD at any time. Your assets will be automatically returned in USDC to your Spot Account.
You can choose between Fast Redemption and Standard Redemption. The daily redemption quota depends on your personal daily redemption limit and the total product redemption limit. The daily personal redemption quota and product redemption limit will be reset each day at 00:00 UTC.
Fast Redemption returns your assets in USDC instantly, with a -- redemption fee applied to the total redemption amount. Occasionally, Binance may offer a daily personal quota that partially waives the Fast Redemption fee, which is currently -- RWUSD.
Standard Redemption returns your assets in USDC by -- on the third day after your redemption request (T+--), with a -- redemption fee applied to the total redemption amount.
Example: If you request redemption at 23:00 UTC on May 1st, you will receive the assets before 10:00 UTC on May 4th.
4
How are the rewards calculated? Where can I see the rewards earned so far?
The reward APR is set by Binance based on market conditions and product sustainability. Rewards start accruing the day after you subscribe and are paid out daily by -- in RWUSD the day after accrual. The reward amount is calculated based on the Eligible RWUSD balance in your Spot and Funding Accounts.
Eligible RWUSD amount: Binance takes multiple random snapshots each day. The Eligible RWUSD amount is the smallest snapshot value recorded that day. Minimum holding should be at least -- RWUSD to accrue rewards.
If you redeem your assets, rewards stop accruing from the day you submit the redemption request. The final reward is calculated up to the day before your request. No APR rewards are earned during the redemption process.
You can view your accrued rewards and details in your Binance Earn Account.
As with any investment, there are risks including market fluctuations and changes in APR.
Although the invested principal is protected from market volatility, redemption fees may reduce your total returns. Please review the product terms before subscribing.
