# Introducing Plasma USDT Locked Product on Binance Earn’s On-Chain Yields
This is a general announcement. Products and services referred to here may not be available in your region. Terms and conditions apply.
Fellow Binancians,
Binance On-Chain Yields is launching Plasma USDT Locked Product on 2025-08-20 12:00 (UTC), available for a limited-time and subject to quota. Users can subscribe their USDT to earn USDT Rewards & XPL Airdrop Rewards (Received after XPL’s Token Generation Event) from the Plasma Protocol.
Plasma USDT Locked Product Rules:
Subscription Period: 2025-08-20 12:00 (UTC) to XPL’s Post Token Generation Event (Post TGE), or until sold-out.
Product Rewards: USDT and XPL Rewards (Post TGE)
USDT rewards: USDT Rewards will be distributed to users’ Spot Account on a daily basis.
XPL rewards (Post TGE): The XPL Rewards Pool is shared among all USDT subscriptions.
Total XPL Rewards: 100,000,000 XPL (1% of Total Token Supply)
Calculation: Similar to the HODLer Airdrop snapshot method, Binance will take multiple daily snapshots of each user’s USDT subscription amount and the total subscription pool of the product at any point of time, and calculate the final reward distribution based on all historical snapshots. Please refer to the FAQ for more information.
Notes:
Early redemption or product maturity will not affect the snapshots already recorded.
Rewards will start accruing the day after you subscribe. Rewards are not accrued on the day of the subscription.
USDT that are in the process of early redemption will no longer be effective and will not be counted towards the snapshot for that day.
Total Subscription Limit: 250,000,000 USDT
Binance reserves the right to adjust the limit. Any adjustments may be announced separately.
Rewards Distribution: Details regarding the XPL rewards, including the exact airdrop dates and related information, will be communicated separately at a later time.$