This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance Earn is pleased to launch a promotion for BNB Locked Products. Subscribe more BNB, subscribe to a longer locked term, subscribe early during the Promotion Period, and/or turn on Auto-Subscribe function to accrue the highest campaign scores and earn multiple rewards:
Share up to $212,400 worth of rewards in PEPE;
Earn BNB rewards, as well as Launchpool, Megadrop and HODLer Airdrops rewards with BNB Locked Products positions (where applicable);
Promotion Period: 2025-03-17 00:00 (UTC) to 2025-03-31 23:59 (UTC)
Click [Register Now] on the activity page.
Subscribe to BNB Locked Products with at least 0.5 BNB.
Eligible users must complete a subscription of at least 0.5 BNB to BNB Locked Products to qualify to participate. Users can accrue a higher Total Campaign Score by subscribing more BNB, subscribing to longer locked terms (e.g. 120-day), subscribing as early as possible during the Promotion Period, and turning on the Auto-Subscribe function.
Eligible users will then be ranked by their Total Campaign Scores on the leaderboard for a chance to share rewards in PEPE tokens, as per the table below:
The Total Campaign Score will be calculated as follows:
Total Campaign Score = Locked BNB Score * Promotion Period Multiplier * Auto-Subscribe Multiplier
Locked BNB Score (based on additional BNB Locked Products subscription during Promotion Period) = (120-day BNB Locked Amount * 2) + (90-day BNB Locked Amount * 1.5) + ( 60-day BNB Locked Amount * 1.25) + (30-day BNB Locked Amount * 1) + (15-day BNB Locked Amount * 0.5)
This Promotion will only take into account the total amount of BNB subscribed to the locked products during the Promotion Period. Please note that if any BNB Locked Product position is redeemed during the Promotion Period, the BNB Locked Product Subscribed Amount for that position will be negative, resulting in a deduction in the Total Campaign Score.
Auto-Subscribed positions that renew during the Promotion Period will be counted towards the Total Campaign Score.
Any existing BNB Locked Product positions that mature during the Promotion Period while Auto-Subscribe was turned off will not incur any deduction in the Total Campaign Score.
Promotion Period Multiplier: A multiplier based on the number of days till the last day of Promotion when the subscription or redemption happens. The Promotion lasts for 15 days from 2025-03-17 00:00 (UTC) to 2025-03-31 23:59 (UTC).
Longer subscription periods will have higher multipliers. If you redeem a BNB Locked Product position early, it may be counted negatively based on how early you redeem it, leading to a penalty and a deduction in the Total Campaign Score.
Auto-Subscribe Multiplier: Auto-Subscribe refers to the BNB Locked Products Auto-Subscribe function.
Users can refer to this FAQ for more information on how-to turn on the Auto-Subscribe function.
By 2025-03-31 23:59 (UTC), users who have turned on the Auto-Subscribe function will receive a 1x Multiplier, while users who have not turned on the Auto-Subscribe function will receive a 0.5x Multiplier. Early redemption for all positions regardless of whether Auto-Subscribe function is turned on during the Promotion Period will still be calculated as 1x Multiplier.
User A subscribed 100 BNB to a 60-day Locked Product on 2025-03-17 (It is 15 days till the last day of the Promotion).
User A redeemed 50 BNB 60-day Locked Product on 2025-03-24. (It is 8 days till the last day of the Promotion).
Auto-Subscribe function was turned on for both the positions.
Total Campaign Score = Locked BNB Score* Promotion Period Multiplier * Auto-Subscribe Multiplier
Locked BNB Score (based on additional BNB Locked Products subscription during Promotion Period) = (120-day BNB Locked Amount * 2) + (90-day BNB Locked Amount * 1.5) + (60-day BNB Locked Amount * 1.25) + (30-day BNB Locked Amount * 1) + (15-day BNB Locked Amount * 0.5)
User A’s Total Campaign Score = [(0 * 2) + (0 * 1.5) + (100 * 1.25) * 15 + (-50 * 1.25) * 8 + (0 * 1) + (0 * 0.5)] * 1
= [1875 + (-500)] * 1
= 1375
Simple Earn Locked Products allows users to earn higher daily rewards by depositing their digital assets for different locked terms.
Users may subscribe to BNB Locked Products using their BNB assets at any time to earn the following rewards:
Launchpool Rewards (where applicable)
BNB Rewards (Refer to the latest APR)
Megadrop Rewards (where applicable)
HODLer Airdrops (where applicable)
Only users in qualified countries/regions will automatically receive Megadrop, HODLer Airdrops and/or Launchpool rewards for holding BNB Locked Products positions.
Users are not required to manually redeem their BNB assets from BNB Locked Products to participate in Launchpools.
Rewards calculation for Launchpools is the same, regardless of whether users subscribe to BNB Locked Products or stake their BNB directly in Launchpools.
When there are multiple Launchpool projects running concurrently, users’ BNB assets in Locked Products will automatically be equally allocated to each Launchpool project the user is eligible for.
Read more: Frequently Asked Questions on Megadrop and BNB Locked Products, Binance Extends Launchpool Rewards to Users with BNB Locked Products Positions.
Only users who complete identity verification and confirm their participation during the Promotion Period can qualify for rewards in the Promotion.
Users may also view the FAQs on Simple Earn Locked Products for more information.
Each sub-account will not be viewed as an independent account when participating in this Promotion. Sub-accounts’ subscription amount will be combined with the master account’s standard subscription amount.
The rewards of this Promotion are contributions made by the respective protocol team to Binance with the express purpose of facilitating promotional activities.
Rewards Distribution:
PEPE token rewards will be transferred to eligible users by 2025-05-15 23:59 (UTC), unless otherwise advised by Binance. Users may find their rewards via Profile > Assets > Spot Account. The rewards transaction can be checked in Wallet > Transaction History > Spot > Distribution.
Binance uses the exchange rate of PEPE/USD at ～$0.00000708 from the past 7 days average from 2025-03-04 to calculate the total rewards in USD.
Binance reserves the right to disqualify any participants that, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.
Binance reserves the right to cancel or amend the Promotion or Promotion Rules at its sole discretion.
Users can view their assets on Simple Earn Locked Products by going to Assets > Earn.
Users may enable the “Auto-Subscribe” function before completing subscriptions to Simple Earn BNB Locked Products, this function will automatically renew users’ existing Locked Products position into a new position of the same duration upon expiry.
Unlock period for Locked Products: One day.
About early redemption for Simple Earn Locked Products: Users may redeem their assets in advance. After choosing early redemption, digital assets will be returned to the spot account, and users will not be entitled to any rewards. Any distributed rewards (accrued or otherwise) will be deducted from the refunded principal. It may take 48 to 72 hours to receive the digital assets.
Additional promotion terms and conditions can be accessed here.
Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.
There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2025-03-17
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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. APR is an estimate of rewards you will earn in cryptocurrency over the selected timeframe. It does not display the actual or predicted returns/yield in any fiat currency. APR is adjusted daily and the estimated rewards may differ from the actual rewards generated. Not financial advice. For more information, see our Terms of Use and Risk Warning.
