The Gas-Free Carnival has been extended until June 30th, 2025. You won't be charged any fees when transferring stablecoins on BNB Chain.
During this campaign, more than $3 million worth of stablecoin gas fees have been waived by the BNB Chain, which means that thousands of users are now able to interact with their preferred stablecoins at no cost. BNB Chain aims to make it easier and more convenient for everyone in the DeFi community to have access to more stablecoins.
Introduction to the Gas-Free Carnival
The BNB Chain provides a continuous effort to expand the envelope on the stablecoin front. Trump's World Liberty just made its first official stablecoin launch on BNB's very own $USD1, and Wintermute’s public wallet ran increasingly popular USD1 test transfers, gaining some serious ground in the stablecoin landscape.
Setting up a stablecoin on BNB chain is now an easier job to do as a lot of exchanges, wallets, and bridges put out joint support to make transfers even quicker and efficient. You can use stablecoins to diversify and even increase your earnings on BNB Chain easier than ever.
Spread your stablecoins across a plethora of different platforms to gain access to even the most complex stimulus plans. Staking, yield farming, and liquidity mining can work together in BNB Chain, enabling you to leverage stablecoins in countless ways in the blossoming Web3 ecosystem.
How to make the most of the Gas-Free Carnival
Make the most of the opportunity to create even more productive use cases for your stablecoin on BNB Chain!
Option 1:Withdraw stablecoins to BSC/opBNB with no fees
Maximize your assets by withdrawing without worrying about transaction fees.
We have joined forces with Binance and Bitget, as well as Ourbit, Bitmart, BingX, Lbank, MEXC, and Hashkey. You can withdraw your stablecoins on a centralized exchange (CEX) at any time during this event without incurring any fees.
When you withdraw your assets from the BSC or opBNB network, you won’t have to pay any transaction fees. Make the most out of your assets by withdrawing them free of charge.
Option 2: Free Transfers in Your Wallet
We will pay the gas fee for the users of Bitget Wallet, Safepal, Tokenpocket, Well built, Mathwallet, UXUY, ImToken, GateWeb3Wallet, Coin98, Trust wallet, Reveel, and Fizen during the event.
Three free transactions per day
During the promotion, each wallet can receive a certain number of free transfers per address.
👉 FDUSD: Three transfers.
👉 Exchange: Two transfers.
👉 ECEEX: Two transfers.
👉 USD 1: No limit.
Wallets that accept USD1
Binance Wallet, TokenPocket, MathWallet, UXUY, Safepal, and Coin98. More wallets will accept USD1 soon. And users will be able to get access to free gas fees! Make sure that the value of the transfer must be a minimum of $0.10 in one of the stablecoins like FDUSD, USDT, USDC, or USD1.
Transfer Policy
As for now, there are no fees for transferring off-network assets. The users can transfer their assets from one BSC wallet to another without any charges via the on-network transfer option.
Transfer Exceptions
Dapp swap transactions don't count as a transfer, and only the direct token transfers on BSC are eligible for this offer.
Option 3: Connecting Your Stuff Using Bridges
If you have assets in other chains, BNB Chain is collaborating with Celer cBridge and Meson.fi to offer a gas-free connection experience. Simply move your stablecoins to either BSC or opBNB and get your hands on the high-yield products and a variety of decentralized finance (DeFi) options.
How to Enjoy 0 Fee Benefits on Celer cBridge and Meson.fi
🔥Celer cBridge
Get Rewarded with Zero Gas Charges
🔥Gas Fee refunds up to 100%
Enjoy a complete FDUSD gas charge refund if you're a user of the BNB Chain
🔥Fee Discounts at 100%
For some trades, Celer's cBridge tool will waive the platform fee.
🔥Claim these refunds
Users will keep up with just how much they have in store on the cBridge event page. Rebates may be claimed at various periods before the pool is utilized, and each wallet may retain a maximum of 1,000 FDUSD.
Meson.fi: Zero Platform Fees and Gas Rebates
Meson.fi is happy to offer several great incentives, including 0 platform fees and full gas rebates. Here are some of the highlights:
0 Platform Fees and Full Gas Refunds
Transfer your stablecoins from another network to BNB Chain using Meson.fi, and do not worry about paying the platform fee or the gas fee, as a full gas refund in USDT is provided.
Gas Fee Rebates
When you pay your gas fees upfront at the time of transfer, you will receive Meson Points in return, which you can redeem for USDT on your account during the event.
Tracking and Claiming Rebates
You can keep a check on your Meson Account Page at all times to see how many rebates you have earned and how your campaigns are doing. Each user address is eligible for a maximum reimbursement of 1,000 USDT and may receive gas rebates up to three times. The campaign may end early once the refund threshold has been reached.
We owe huge thanks to Celer cBridge and Meson.fi for avoiding platform fees in accomplishing this deed.
Beyond Bridging: Get Extra Rewards!
Increase your returns! Take advantage of new money-making opportunities by providing liquidity, staking tokens, or engaging in activities with protocols like Aave, Venus, Kinza Finance, PancakeSwap, THENA, Astherus, and Uniswap.
You can join us at this money market/bridge with low to moderate risk. The options available as of March 25th are as listed.
Liquidity Provision Examples
Examples as of March 25th:
👉PancakeSwap: USDT/USDC; liquidity APY: 3.87%
👉PancakeSwap: USDT/FDUSD; liquidity APY: 27.43%
👉PancakeSwap: USDC/FDUSD; liquidity APY: 25.02%
👉THENA: USDT/USDC; liquidity APY: 5.67%
Gas-Free Carnival partners and collabs
Reach out to our partners if you would like to collaborate with us or use the services of our ecosystem.
Some of these include whitelisted CEXs, wallets, and bridges, and there will be more coming soon. We are pleased to see more CEXs, wallets, and bridges participating in the process. And this ecosystem is growing rapidly. We encourage more CEXs, wallets, and bridges to participate and expand the Gas-Free Carnival Season.
Please note that:
👉The BNB Chain core team continues to manage the Gas-Free Carnival Season and is able to make adjustments to the structure of it at short notice.
👉This blog serves solely as a reference point and does not represent any form of financial advice. Make sure you do your own research on DeFi activities before participating.
👉In cases where this announcement's translations differ, the English text will be considered accurate and complete.
Disclaimer
Participating in the BNB Chain Gas-Free Carnival is an option; members of the community are safety checked, so you don't have to worry about their data. It is secured by blockchain technology, and there is no control over the BNB Chain's activity data or the activities that the community members can construct on this.
When third-party projects use BNB Chain to participate in the Gas-Free Carnival, it cannot be taken as a reference for BNB Chain or related organizations for endorsement and suggestions on the projects they have checked. Also, nothing here should be used as financial advice or an alternative to investment advice.
