What is Futures NEXT?
Futures NEXT is a pioneering Binance Futures platform that allows users to interact with the dynamic world of token listings. Through a prediction mechanism, users receive rewards for correctly predicting which tokens will be listed on the Binance USDⓈ-M Futures market.
What is the NEXT pool?
The NEXT pool is an integral section of the Futures NEXT platform. Selected tokens that users have nominated for possible inclusion in the lists are displayed there. This user-driven nomination process ensures that the pool accurately represents the community's perspective and knowledge of promising tokens for the USDⓈ-M Futures market.
Users can participate by assigning “votes” to their preferred tokens in the pool. If those tokens are indeed listed on the USDⓈ-M Futures market, they could earn rewards.
Futures NEXT does not make decisions about the listing of tokens on the USDⓈ-M Futures platform
Futures NEXT operates independently of the Binance listing process. It was created to reward accurate market predictions and not to influence token listing decisions. While users can nominate and assign token selections, it is very important to highlight that Futures NEXT is not a platform to decide which tokens will be listed.
Therefore, the popularity of a token on the platform is not a guarantee that it will be listed. Binance has a rigorous and impartial review process for its listings; Thanks to this, all tokens are subject to the same evaluation criteria, regardless of their performance or popularity on Futures NEXT.
Participation and mechanisms
How can I participate in Futures NEXT?
Participating is very easy. Enter the Futures NEXT platform on Binance. There you can make your guesses about the next Futures listings and buy votes for 1 USDT, or you can nominate new tokens in the NEXT pool with an initial investment of 2,000 USDT.
What are “votes”?
One vote represents your bet on which token you think will be listed soon on USDⓈ-M Futures. Each vote costs 1 USDT. If your chosen token is indeed listed, you can earn Futures trading coupons, enhanced by the multiplier for even greater rewards.
What happens if the token I ultimately chose is not listed or if I change my mind?
Futures NEXT offers a risk-free staking model. That is, if the token you voted is not listed on the USDⓈ-M Futures market, you can withdraw your vote after the initial 3-day lock-up period. Your votes will be converted back to USDT and credited to your Futures wallet. You can reallocate that amount to vote for another token or withdraw it permanently.
Additionally, if you change your mind about a prediction, you are free to void your vote after the 3-day lockout period. This means you can withdraw all or some votes and reallocate them to other tokens in the NEXT pool that you think have a higher chance of being listed.
The lock-in period is a short commitment. Once this period has passed, you can change the strategy without problem. This simple method is designed to encourage active participation and strategic decision-making, as you can freely adapt your votes based on market dynamics and perceptions.
How are votes assigned to a token listed in the NEXT pool?
Go to Futures NEXT and select the token you want to assign a vote to. Click [Vote] and enter the amount you want to purchase. Each vote costs 1 USDT. Please note that you can only purchase votes with USDT from your Futures wallet.
Once you have acquired the votes, you can assign them to the tokens you want. Enter the number of votes you will assign in [Number of votes]. Next, click [Vote Token Now].
What are the limitations regarding votes?
A maximum of 100 votes can be assigned per token. Remember that you can only choose a maximum of 3 different tokens.
Can I withdraw or reassign my votes?
You can withdraw votes after a 3-day blocking period. After this period, you can convert all or some of the votes back into USDT.
How can I nominate tokens to be published on Futures NEXT?
If you don't find the token you want to vote for in the NEXT pool, you can nominate it by investing 2,000 USDT.
To do this, enter your preferred token in the search tool next to [Nominated Token Pool].
If the token is not already in the NEXT pool, you will see the [Nominate] button. Click there to make the nomination.
Please read the notes carefully before continuing. Click [Confirm] to nominal the token.
Upon review and approval by Binance, your initial nomination investment will be converted into “votes” for the token you nominated.
The votes generated by your nomination will be assigned to the token you nominated and will be locked for 30 days.
After the lock-up period, any remaining votes can be withdrawn to your Futures wallet in the form of USDT.
Please note that token approval is not guaranteed. Binance Futures reserves the right to approve or reject nominations based on internal criteria. If we do not approve your nomination, we will refund the entire investment to your USDⓈ-M Futures account.
What are the rewards for participating in Futures NEXT?
How are coupon rewards calculated?
Your rewards are structured in two parts:
Initial number of votes: The initial number of votes you assign to a successfully listed token is returned in the form of USDT token coupons. This 1:1 linear reward ensures that your investment in making predictions is directly recognized.
Multiplier effect: The reward multiplier will increase your rewards even more. Using the multiplier rate (for example, 1.2), the additional reward is calculated and distributed as a futures bonus coupon (for new futures users) or as a futures trading commission discount coupon (for futures users). of existing futures). This way, your knowledge and commitment to the Futures NEXT platform is encouraged and rewarded.
For example, you assign 100 votes to the ABCD token in the NEXT pool. In the event that the ABCD token is listed in USDⓈ-M Futures:
If you are a new futures user, you can receive a 100 USDT token coupon in your Spot wallet, reflecting the initial number of votes.
Additionally, with a current multiplier of 1.2, you earn an additional 20 USDT as a reward. This additional amount is awarded as a futures bonus coupon, bringing your total reward to 120 USDT for your correct prediction.
When and how are reward coupons distributed?
The reward distribution schedule and process is as follows:
USDT Token Coupons: These coupons, equal to the initial number of votes, will be credited to your Spot wallet within 7 days of the listing of the token you predicted.
Futures Bonus or Futures Trading Commission Discount Coupons: The additional reward, calculated using the reward multiplier, will be distributed as Futures Bonus Coupons for new traders, or as Futures Trading Commission Discount Coupons for existing users. They will also be credited within 7 days of the listing of the token you predicted.
Redemption Deadline: You have 7 days from the distribution date to claim your coupons. After redemption, futures bonus coupons or trading commission discount coupons must be used within 30 days. Make sure to redeem your coupons immediately to benefit from your accurate predictions at Futures NEXT.
What is the Reward Multiplier?
On the NEXT platform, the multiplier is a mechanism to improve your rewards, that is, it increases the value of the amount in your initial vote so that you can get greater rewards. For example, you assign 100 votes to token A.
If token A is indeed approved and listed, and the active multiplier is 1.2, this multiplier is applied to your vote amount to calculate your reward. Therefore, instead of receiving a 100 USDT bonus coupon based on a 1:1 ratio, you will receive a 120 USDT bonus coupon (the calculation is 100 votes × a multiplier of 1.2).
When and how are reward coupons distributed?
Reward coupons will be distributed within 10 days of the actual listing of the tokens chosen in the prediction. To redeem coupons, go here and read the step-by-step guide.
Remember that you must redeem coupons within 7 days of distribution.
How do I manage my nominations and votes?
What happens if my nomination is approved?
Once your nomination is approved, the initial investment is transformed into votes for the nominated token. These votes will remain blocked for 30 days. After this period, if the token was not added to the lists, you will be able to withdraw them in the form of USDT.
Through a nomination, you acquire a number of votes greater than the limit of 100 votes per user. That is, you acquire 2,000 votes for the token you nominate. However, please note that these votes are locked and assigned to the token you nominate.
Is there a limit on the number of nominations?
Each user can only nominate a maximum of 3 tokens at a time.
What happens if my nomination is not approved?
If your nomination does not meet Binance's criteria, the entire initial nomination investment of 2,000 USDT will be refunded to your USDT Futures wallet.
