Binance offers an APR rate of 927% for the WCT (WalletConnect Token) as part of a promotional campaign. This exceptionally high rate was due to a combination of factors designed to encourage early participation and adoption of the token.
🧠 Why did Binance offer such a high APR for WCT?
1. Launch campaign on Binance Launchpool
WCT was the 67th project on Binance Launchpool. During the period from April 11 to April 14, 2025, 40 million WCT (4% of the total supply) were distributed as rewards. The high APR rate reflected the large number of tokens distributed in a short period and among a limited participant base.
2. Limited distribution and concentrated rewards
85% of the rewards were allocated to the BNB pool, 10% to the USDC pool, and 5% to the FDUSD pool. This distribution meant that participants in the BNB pool, for example, received a significant portion of the rewards, resulting in very high annualized yield rates.
3. Incentive for early adoption
Offering a high APR is a common strategy to attract users to new projects. By providing substantial rewards, Binance and the WalletConnect team encouraged users to participate in the campaign and familiarize themselves with the WCT token.
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⚠️ Important considerations
• Sustainability: Such high APR rates are typically temporary and not sustainable in the long term. Once the promotional campaign ends, yield rates often decrease significantly.
• Market risk: Although the rewards may be attractive, the value of the WCT token may fluctuate in the market. The price of the token may decrease, which would affect the value of the rewards received.
