Binance, a leading cryptocurrency exchange, has introduced a new promotion that allows users to participate in airdrop rewards by subscribing to SOL or BNB locked products or staking ETH. The purpose of the promotion is to provide users with additional incentives and benefits when participating in these investment options.
During the promotion period, which runs from April 30, 2024 to May 13, 2024, users who select and meet the subscription requirements can share a total of 7,777 ACE as airdrop rewards. Rewards will be distributed to the top 500 users based on net eligible subscription amount.
To participate in the promotion, users must subscribe to a SOL-locked product of at least 1 SOL, a BNB-locked product of at least 0.5 BNB, or ETH staking of at least 0.05 ETH. Net Qualifying Subscription Amount is calculated based on the total amount of assets subscribed or redeemed during the Promotion Period.
It is important to note that users who redeem existing locked product positions created prior to the promotion and then re-create the same positions during the promotion period will have a net eligible subscription amount equal to 0. This measure ensures fairness and prevents users from taking advantage of promotions by subscribing and using assets repeatedly.
The reward structure for the promotion is as follows:
Ranks 1-10: 77.7 ACEs per eligible user
Ranks 11-20: 60 ACE per eligible user
Ranks 21-30: 50 ACE per eligible user
Ranks 31-40: 40 ACEs per eligible user
Ranks 41-50: 30 ACEs per eligible user
Ranks 51-100: 20 ACEs per eligible user
Ranks 101 – 300: 13 ACEs per eligible user
Ranks 301 – 500: 8 ACEs per eligible user
Binance offers a variety of products and services to its users, including Simple Earn, ETH Stake, BNB Locked Products, Megadrop, and Launchpool Rewards. Simple Earn allows users to earn daily rewards by depositing digital assets, while ETH staking allows users to stake Ethereum (ETH) tokens to support the Ethereum network and receive WBETH tokens in return. . BNB locked products offer additional rewards such as Megadrop and Launchpool rewards.
To learn more about the promotion and participate in the airdrop rewards, users can visit the Binance Support Center and read the announcement titled “Subscribe to SOL or BNB locked products or stake ETH to share 7,777 ACE as airdrop rewards.” You can check it.
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