To thank users for their long-term support and trust, Binance's "$300 million User Seed Program" will distribute a total value of $300 million in USDC to certain affected users. The amounts will be distributed after a comprehensive assessment based on multiple factors such as user losses, with amounts ranging from 4 USDC to 6,000 USDC. Beneficiary users of this program must meet all of the following conditions:
Trading time: October 10, 2025, 08:00 to October 12, 2025, 07:59 (UTC+8)
User type: Users whose contracts or leveraged positions have been forcibly liquidated
Loss amount: ≥ $50 equivalent
Loss ratio: ≥ 30% (Total forced liquidation losses / Net assets at the time of the snapshot of all asset accounts of that account)
Net asset reference: Based on the asset snapshot at 07:59 on October 10, 2025 (UTC+8)$BNB
