Binance has extended its USD1 airdrop campaign again, keeping in place a rewards program tied to holdings of USD1 and activity in related derivatives markets. Under the latest terms, eligible users will share a total prize pool of 170 million WLFI tokens.
The campaign runs from 08:00 on Aug. 7 to 08:00 on Sept. 4. During that period, qualified users holding USD1 will receive WLFI rewards, with distributions scheduled before 02:00 every Saturday.
Binance also set an additional requirement for users seeking boosted annualized returns. Users who hold USD1 in a Binance futures account or margin account, and maintain at least 300 USD1 in daily open interest on USD1 perpetual trading pairs, can qualify for a 1.2x boosted annualized yield. The announcement was reported by BlockBeats on Aug. 7.
Binance has extended its USD1 airdrop campaign again, according to a BlockBeats report published on Aug. 7. Eligible users will share a total prize pool of 170 million WLFI tokens.
The campaign will run from 08:00 on Aug. 7 to 08:00 on Sept. 4. During the event period, qualified users holding USD1 will receive WLFI rewards before 02:00 every Saturday.
Binance said users who hold USD1 in a futures account or margin account can qualify for a 1.2x boosted annualized yield if they maintain at least 300 USD1 in daily open interest on USD1 futures trading pairs.
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