Binance plans to launch its stock lending product FPSL on June 10

Binance announced that its stock lending product FPSL is now scheduled to go online on June 10. Users can lend their stocks to earn income through FPSL, and can still sell positions at any time during the period when the stocks are lent, but they need to temporarily waive the corresponding proxy voting rights and dividends will be paid in the form of cash-in-lieu.