Simply put, by now applying for USDT or USDC spot borrowing orders, you can participate in the ranking to share rewards, and also play in the challenge for a chance to win big prizes, with a total prize pool exceeding 150,000 USDC!

🤩 It’s better to use with a revolving loan strategy:

1️⃣ 12% annual, no exchange rate risk revolving loan (sometimes no limit): https://www.binance.com/zh-CN/square/post/28427336769706

2️⃣ 25% annual, with exchange rate risk revolving loan: https://www.binance.com/zh-CN/square/post/28294970494858

📝 Activity content:

1️⃣ Activity one: Ranking wins fixed rewards. Based on your net daily average borrowing amount, top holders directly receive USDC!

Large holder reward rules: The top 150 with a net daily average ≥$ 500,000, each receives 300 USDC; the top 300 with a net daily average ≥$ 300,000, 180 USDC; the top 500 with a net daily average ≥$ 100,000, 66 USDC.

2️⃣ Activity two: Challenge draw for big prizes. Net daily average borrowing ≥$ 1,000, you can get three chances, after the activity ends go to the page and click the "Challenge" button.

Prizes include 1 grand prize of 3,888 USDC, 3 prizes of 888 USDC, 5 prizes of 588 USDC, etc., with the smallest prize being 8.8 USDC. Limited quantity, first come first served. Rewards from both activities can be stacked!

3️⃣ Activity time: 2025-08-15 08:00 to 2025-09-15 07:59.

⚒️ Key mechanisms and examples:

1️⃣ Calculation of net daily average borrowing amount: This is core, emphasizing "net growth" - borrowing during the event minus repayments, divided by 31 days, then subtracting last month's daily average. Formula: (Total new borrowing during the event - repayments) / 31 - (Total new borrowing last period - repayments) / 31. The purpose is to prevent manipulation of volumes and encourage genuine new borrowing;

- New period (event period): 2025-08-15 08:00 to 2025-09-15 07:59.

- Last period: 2025-07-15 08:00 to 2025-08-15 07:59.

2️⃣ Participation example (simplified version from official website):

- User A: Borrowed 1,500 USDC during the event and maintained it, no previous borrowings → Net daily average = 1,500 USDC (only qualifies for activity two).

- User B: Borrowed 100,000 USDC during the event, repaid 90,000 USDC, last period's daily average 15,000 USDC → Net daily average = 806 USDC (below $1,000 threshold, not qualified).

- User C: Borrowed 800,000 USDC during the event, repaid 500,000 USDC, last period's daily average 75,000 USDC → Net daily average = 150,806 USDC (qualified for activity one, but ranked 800th with no reward; can participate in activity two).

- User D: Borrowed 299,000 USDC during the event and maintained it, no previous borrowings → Net daily average = 299,000 USDC (ranked 290th, received 66 USDC; can participate in activity two).

⚠️ Notice:

0️⃣ Qualification threshold: Must click "Join Now" on the page, limited to users from regions where the spot borrowing feature is available;

1️⃣ Old orders do not count, new borrowing is required, repayments will be deducted from calculations;

1️⃣ Reward distribution: Activity one directly into the spot wallet (within four weeks), activity two in the form of token vouchers, activate within 14 days or they expire;

3️⃣ Currently only supporting USDT/USDC;

🔗 Activity link: https://www.binance.com/zh-CN/support/announcement/detail/e1b6dbad95c64a51bfbaba155bf904f3

Note: The above is for informational sharing only, not investment advice, please do your own research!

DeFi Enthusiast: BitHappy