This is a general announcement and marketing communication. Products and services referred to here may not be available in your region.
*Note: This announcement was updated on 2024-12-07 (UTC) to add pool status.
Binance Web3 Wallet is excited to launch a campaign with Fluid, where eligible users can earn multiple exclusive rewards:
Exclusive Rewards: $200,000 Fluid Token Rewards
Exclusive Rewards: 40% Boosted APR on Fluid USDC Pools
Promotion Period: 2024-12-05 00:00:00 to 2024-12-19 23:59:59 (UTC)
Promotion A: Supply a minimum of 15 USDC on Fluid to Share $200,000 Fluid tokens.
During the promotion period, all eligible users who opt-in to the campaign and supply a minimum of 15 USDC to the Fluid Simple Yield USDC Pool can grab an equal share of the $200,000 Fluid Token prize pool.
Promotion B: Supply USDC on Simple Yield Fluid Pools and Earn Up to 50% APR* for 14 days.
*The base APR may change from time to time. The Daily Percentage Rate (DPR) is approximately 0.14%. The Boosted APR is only available during the campaign period.
During the campaign period, all users who opt-in to the campaign and supply at least 100 USDC to the Fluid Simple Yield pools* can earn 40% Boosted APR in addition to Real-Time APR. The boosted APR rewards are distributed in USDC. Total rewards pool is $200,000 in USDC, available on a first-come, first-serve basis.
*Once successfully supplied, you'll receive fUSDC on the ETH Chain in your wallet. 1 USDC is approximately equal to 0.99 fUSDC.
*The prize pool deposit limit was reached on December 6, 07:28:11 (UTC), 2024. Users who supply assets after the boosted APR allocation for the pools has been filled may not receive any boosted rewards.
The 40% boosted APR is only applied to an individual's maximum supply of 1,000,000 USDC. Any amount beyond this limit will not receive the boosted APR.
Note:
Total individual rewards in each pool during the promotion period = Qualified Amount of USDC supplied in Fluid pool × 40% × Duration of supply / 365
Maximum duration of supply for Promotion B is 14 days：
For example, if a user supplies 1,000,000 USDC for 14 days, the expected reward will be: 1,000,000 x 40% x 14 / 365 = $15,342 USDC.
How to Participate:
Click [Join Now] on the campaign page to confirm your participation;
Log in with Binance Web3 Wallet - [Earn] - [Simple Yield] - [Protocol] - [Fluid] - [USDC];
Supply a minimum of 15 USDC to Fluid Pool.
* Learn How to Supply on Fluid via Binance Web3 Wallet.
Supply and Earn the Multiple Rewards Now!
Notes:
Only users who opt-in to the campaign and complete the requirements above are eligible to receive rewards.
ONLY backed-up Binance MPC wallets that opt-in to the campaign are eligible to share the rewards.
Only supplied USDC on the Web3 Wallet Earn Simple Yield Fluid Pool during the campaign period will be considered in the reward calculations.
Participants in Promotion B will automatically participate in Promotion A.
Binance will use real-time FLUID/USD exchange rate for Promotion A reward distribution. All rewards will be distributed in USDC on the ETH chain within 4 weeks after the activity ends. You can view your reward history in the Binance Web3 Wallet by navigating to Discover > Airdrop Zone > Rewards > Details.
Total fUSDC amount during the promotion period = Total deposit amount of USDC - Total redeem amount of USDC - Total withdrawal amount of USDC from Binance Web3 Wallet.
Rewards will not be distributed to users who delete or deactivate their Binance Web3 Wallets.
The total prize pool for this activity is inclusive of gas fee that may incur during the distribution of rewards.
What is Fluid?
Fluid is an innovative DeFi platform from Instadapp, offering advanced strategies, a liquidity layer, and tools to enhance the utility of your digital assets.
As a liquidity protocol, Fluid combines money markets and DEX allowing to achieve the highest capital efficiency and best rates in DeFi.
Terms & Conditions:
These terms and conditions (“Activity Terms”) govern your participation in this Fluid activity (“Activity”). By participating in this Activity, users agree to these Activity Terms, and the following additional terms: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Policy; all of which are incorporated by reference into these terms and conditions.
The high APR is not guaranteed to be available for an extended period and is subject to change.
In the case of any inconsistency or conflict between these Activity Terms, and any other incorporated terms, the provisions of these Activity Terms shall prevail, followed by the following in this order of precedence, and to the extent of such conflict: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Policy.
Only users from qualified regions who click the [Join Now] button on this page, complete KYC and hold an active Binance Web3 Wallet shall be eligible for any rewards. Rewards will not be distributed to users who delete or deactivate their Binance Web3 Wallets.
Binance reserves the right to disqualify a user’s reward eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegally bulk account registrations, self dealing, or market manipulation).
Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these Activity Terms without prior notice, including but not limited to canceling, extending, terminating or suspending this Activity, its eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all users shall be bound by these amendments.
There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Disclaimer:
Binance Web3 Wallet is an optional product. It is your responsibility to determine if this product is suitable for you. Binance is not responsible for your access or use of third-party applications (including functionality embedded within the Binance Web3 Wallet) and shall have no liability whatsoever in connection with your use of such third-party applications, including, without limitation, any transactions you dispute. Please carefully review the Binance Web3 Wallet Terms of Use and always do your own research.
USDC is an e-money token issued by Circle Internet Financial Europe SAS (https://www.circle.com/). USDC’s whitepaper is available here. You may contact Circle using the following contact information: +33(1)59000130 and [email protected].
Holders of USDC have a legal claim against Circle SAS as the EU issuer of USDC. These holders are entitled to request redemption of their USDC from Circle SAS. Such redemption will be made at any time and at par value.
