Binance has introduced two new promotions under its Simple Earn ETH Flexible Products, enabling eligible users to earn up to 3.3% APR and compete for USDC Red Packet rewards totaling up to 3,000 USDC per user. The campaign will run from May 19 to June 17, 2025 (UTC).
Promotion A: ETH Subscriptions Ranked by Net Daily Snapshot for USDC Rewards
Users who subscribe to ETH Flexible Products with a minimum of 0.05 ETH during the promotion period can qualify for tiered USDC Red Packet rewards. Rankings are based on the cumulative daily net ETH subscription snapshot, defined as:
Daily Net ETH Subscription = New ETH Flexible Subscriptions − ETH Flexible Redemptions − ETH Staking Redemptions
Reward Structure
Rank | Reward (USDC) |
|---|---|
1st | 3,000 |
2nd | 1,600 |
3rd | 900 |
4th–10th | 200 |
11th–50th | 30 |
Redemptions made during the period will reduce the user's net subscription total. Users must retain their subscribed ETH without making redemptions to maximize their cumulative score.
Promotion B: Up to 3.3% APR on ETH Flexible Product Subscriptions
During the same promotion period, eligible ETH Flexible Product subscribers can earn up to 3.3% annualized percentage rate (APR). This includes a 2% Bonus Tiered APR, in addition to the regular Real-Time APR of approximately 1.3%.
APR Distribution
Bonus Tiered APR: Distributed daily to users’ Spot Wallets.
Real-Time APR: Accrued per minute directly in Earn accounts.
Product Terms
Asset | Duration | Max APR | Min Subscription | Max Subscription |
|---|---|---|---|---|
ETH | Flexible | 3.3% | 0.002 ETH | Unlimited |
Subscriptions are handled on a first-come, first-served basis, subject to real-time system capacity.
Eligibility and Access
To participate, users must:
Have a verified Binance account.
Subscribe to ETH Flexible Products via the Simple Earn platform.
Ensure no redemptions during the snapshot period to retain ranking eligibility.
