Binance Launches Exclusive Rewards Campaign: Earn Up to 43% Annual Interest on USDC and USDT with Morpho
Artificial Intelligence Summary
Binance Web3 Wallet has announced a new bounty campaign in collaboration with Morpho, offering eligible users the chance to earn up to 43% APR on USDC and USDT through Simple Yield Morpho Pools. This limited-time promotion runs from November 26, 2024 to December 16, 2024 (UTC).
Campaign Highlights
Duration: November 26, 2024, 00:00 UTC - December 16, 2024, 23:59 UTC
APR Offer: Up to 43% (includes 30% APR boost on Morpho tokens)
Eligible tokens: USDC and USDT
Minimum bid: 100 USDC or USDT
Reward Pool: $190,000 in Morpho tokens distributed on a first-come, first-served basis.
How it works
Eligible users can participate by signing up for Simple Yield Morpho pools via Binance Web3 Wallet. Users who pledge at least 100 USDC or USDT will receive a 30% boosted APR rewards on top of the real APR during the promotion period.
Individual group details:
group
Rewards
a class
APR Ratio
Morpho USDC Group
$100,000 in Morpho Tokens
5,000,000 USDC
Real APR +30%
Morpho USDT Collection
$90,000 in Morpho Tokens
5,000,000 USDT
Real APR +30%
How to participate
Join the campaign: Click [Join Now] on the campaign page.
Login via Binance Web3 Wallet:
Go to Earn > Simple Return > Protocols > Morpho.
Choose USDC or USDT.
Donate a minimum of 100 USDC or USDT to selected groups during the campaign.
Rewards will be calculated based on historical snapshots of balances during the campaign and distributed as Morpho tokens within four weeks after the campaign ends.
Important Notes
APR boost rewards will be distributed in Morpho tokens using real-time MORPHO/USD rates.
Eligibility: Users must complete KYC and have an active and secured Binance Web3 wallet.
MiCA Compliance: Restrictions are imposed on users in the European Economic Area regarding USDT.
Reward Distribution: Rewards will not be distributed to users who deactivate their Binance Web3 wallets.
About Morpho
Morpho is an innovative DeFi platform that allows users to earn yield, borrow assets, and build decentralized applications. It provides a flexible, permissionless infrastructure to create efficient markets and funds.
For more information about Morpho, please visit the official campaign page.
Terms and Conditions: This campaign is subject to the Binance Terms of Use, Privacy Policy, and Rewards Promotion Terms. Binance reserves the right to modify or terminate this campaign at its sole discretion.
Warning: APR may change. This campaign may not be available in all regions.
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