Marinade-airdrop-campaign

Marinade SOL Staking: Earn 7%+ APR And Bonus $MNDE Rewards

2024-06-12 00:00:00 to 2024-09-10 23:59:59 (UTC)

Quest: Participate in SOL Liquid Staking with Marinade to Earn Bonus $MNDE Airdrop

Steps:

1.Log into Binance Web3 Wallet and click [Join Now] on the campaign page
2.Click [Complete Now] and navigate to the Marinade Liquid Staking Pool
3.Input at least 0.5 $MSOL equivalent of staking amount, confirm priority fee, then click [Stake]
The accumulated $MNDE rewards below 0.5 $MNDE will not be distributed.
4.Once staked successfully, you'll receive $MSOL. This amount will be shown on both your Binance Web3 Wallet homepage and the Marinade Liquid Staking Pool page
Tutorial >

Complete Now

Campaign Rules

1.Only users who sign up for this campaign and complete the Quest above are eligible to receive rewards.
2.To qualify for rewards, the SOL staking amount must exceed an equivalent of 0.5 $MSOL.
3.Please be aware only backed-up Binance MPC wallets can participate in this campaign.
4.The ultimate reward amount will be determined based on both the quantity of SOL staked in Marinade Liquid Staking Pool and the duration of $MSOL holdings.
For reference, $MNDE rewards could be estimated using the following formula:
$MNDE Reward Quantity = $MSOL Quantity * Integer Holding Days / 90

Check $MNDE Rewards

1.It may take up to 48 hours for the system to display and update the estimated $MNDE rewards. You can track this on the Marinade Project page under the Yield+ section.
2.$MNDE rewards will be refreshed on a daily basis. However, any accumulated reward amount that falls below 0.5 $MNDE will not be displayed and distributed.
3.Please be aware that if $MSOL is either sold or transferred out, the accumulation of rewards will be halted immediately.

Rewards Distribution

1.Rewards in $MNDE will be airdropped all at once on the Solana chain to your Binance Web3 Wallet before 2024-10-10 23:59 (UTC).
2.Any accumulated reward below 0.5 $MNDE will not be distributed.
3.$MSOL is a liquid staking token offering accumulated rewards. Its value progressively enhances over time, with the 7%+ APY return attached to be mirrored in its market value.

Note

1.External wallet imported to Binance Web3 Wallet will not count toward the above mission requirement. Only backed-up wallets that are created in Binance Web3 Wallet are eligible to participate this campaign.
2.The total prize pool for this activity is inclusive of gas fee that may incur during the distribution of rewards.
3.Only staked SOL in the Marinade Liquid Staking Pool via the Binance Web3 Wallet during the campaign period will be considered in the reward calculations.

What is $MSOL？

$MSOL is a liquid staking token that you receive when you stake SOL on the Marinade protocol. These $MSOL tokens represent your staked SOL tokens in Marinade's stake pool. $MSOL is a rewards-accruing liquid staking token. This means that after each Solana epoch (2-3 days), its value is recalculated based on the staking rewards earned by the Marinade Stake Pool.
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What is Marinade Protocol?

Marinade is a stake automation platform that monitors all Solana validators and delegates to 100+ of the best-performing ones. Users of Marinade can choose between staking natively or liquid stake SOL for $MSOL. Either option stakes your SOL with the same set of high-performance validators.
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Terms & Conditions:

These terms and conditions (“Activity Terms”) govern your participation in this Marinade 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.
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.