According to the announcement from Binance, the platform is set to introduce a promotion for its Simple Earn SOL Flexible Products, featuring a daily giveaway of Wormhole (W) rewards. Wormhole is a protocol designed to facilitate communication between blockchains. Users holding SOL Flexible Products from 2025-07-04 00:00 (UTC) to 2025-07-17 23:59 (UTC) will be eligible for an APR Boost Giveaway in W Rewards, enhancing their earnings with additional rewards on top of the Real-Time APR from SOL Flexible Products.
The APR Boost Giveaway Reward Pool is structured to distribute a total of 2,907,140 W, with daily rewards amounting to 207,652.85 W. These rewards will be automatically distributed to eligible users' Spot Accounts daily, starting from 2025-07-05 10:00 (UTC). Users can track their reward distribution in their Spot Accounts. Additionally, users have the option to earn further APR rewards by subscribing to W Earn Flexible Products. To participate, users can purchase SOL via various payment methods or deposit SOL into their Binance account, then subscribe to the SOL Simple Earn Flexible Products to start earning both W APR Boost Giveaway Rewards and Real-Time APR.
Binance notes that changes to the Simple Earn Rewards Rate will be communicated on the platform as needed. Only users who have completed account verification will qualify for the promotion rewards. The first distribution of W APR Boost Giveaway Rewards is scheduled for 2025-07-05 10:00 (UTC), with the final distribution by 2025-07-18 10:00 (UTC). Binance reserves the right to disqualify participants who engage in fraudulent activities or violate terms and conditions, and may amend the promotion at its discretion.
