Binance Web3 Wallet Exclusive Rewards: Stake ETH on Puffer to Share 400,000 USDC Rewards!

Binance Web3 Wallet is excited to launch a campaign with Puffer, where eligible users will earn multiple rewards:

• Exclusive: A total of 400,000 USDC tokens in rewards

• Exclusive: 2x Puffer Points boost 

• Earn approximately 3% in dynamic APR* rewards with ETH Staking

*The dynamic APR shown here may change from time to time.

Campaign Period: 2024-08-23 00:00:00 to 2024-09-06 23:59:59 (UTC)

Promotion: Stake ETH on Puffer to Earn up to 20,000 USDC Rewards   

All eligible users who stake a minimum of 0.01 ETH on Binance Web3 Wallet Simple Yield Puffer ETH Staking Pool and opt-in during the promotion period will be ranked by their total pufETH* Staking amount. All eligible users can earn up to 20,000 USDC rewards, as listed in the table below. 

Additionally, users can earn 2 times Puffer points boost. 

*Once successfully staked, you'll receive pufETH on ETH Chain in your wallet. 0.01 ETH  is approximately equal to 0.0098 pufETH.

Reward Structures: 

How to Participate: 

1. Click [Join Now] on the campaign page to confirm your participation

2. Login with Binance Web3 Wallet - [Earn] - [Simple Yield] - [Hot] - [ETH] - [Puffer].

3. Stake a minimum of 0.01 ETH on Puffer ETH Staking Pool

* Learn How to Stake on Puffer via Binance Web3 Wallet. 

Notes: 

1. Only users who opt-in to the campaign and complete the requirements above are eligible to receive rewards.

2. ONLY backed-up Binance MPC wallets that opt-in to the campaign are eligible to share the rewards.

3. Withdrawals and redemptions are not available yet but will be available in Q4 2024. Please follow Puffer’s official discord for more information.  Alternatively, users can swap pufETH back to ETH via [Binance Web3 Swap].

4. Total pufETH stake amount during the promotion period = Total staked amount of pufETH - Total redeem amount of pufETH - Total withdrawal amount of pufETH from Binance Web3 Wallet. 

5. Users need to hold pufETH until the campaign ends on 2024-09-06 23:59(UTC) to be eligible for the promotions.

6. Only staked ETH in the Puffer ETH Liquid Staking Pool via the Binance Web3 Wallet during the campaign period will be considered in the reward calculations.

7. USDC rewards will be airdropped all at once on the BNB chain to your Binance Web3 Wallet two weeks after the campaign ends. Token rewards can be previewed within two weeks after the campaign ends. You can view your reward history in the Binance Web3 Wallet by navigating to Discover > Airdrop Zone > Rewards > Details. 

8. For points boost rewards, please follow Puffer’s official discord for more information.

9. Rewards will not be distributed to users who delete or deactivate their Binance Web3 Wallets.

10. The total prize pool for this activity is inclusive of gas fee that may incur during the distribution of rewards.

What is Puffer and pufETH?

Puffer Finance is a Native Liquid Restaking Protocol (nLRP) built on the innovative EigenLayer, offering a dynamic staking platform for Ethereum users. 

pufETH is implemented as a reward-bearing ERC20 token, following in the footsteps of Compound's cToken design for optimal DeFi compatibility. Stakers can deposit ETH and mint the pufETH nLRT via the PufferVault contract, which serves as a redeemable receipt for their restaked ETH.

[Read More]

Terms & Conditions:

• These terms and conditions (“Activity Terms”) govern your participation in this Puffer activity (“Activity”). By participating in this Activity, users agree to these Activity Terms, and the following additional terms: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Policy; all of which are incorporated by reference into these terms and conditions. 

• In the case of any inconsistency or conflict between these Activity Terms, and any other incorporated terms, the provisions of these Activity Terms shall prevail, followed by the following in this order of precedence, and to the extent of such conflict: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Policy.

• Only users from qualified regions who click the [Join Now] button on this page, complete KYC and hold an active Binance Web3 Wallet shall be eligible for any rewards. Rewards will not be distributed to users who delete or deactivate their Binance Web3 Wallets.

• Binance reserves the right to disqualify a user’s reward eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegally bulk account registrations, self dealing, or market manipulation). 

• Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these Activity Terms without prior notice, including but not limited to canceling, extending, terminating or suspending this Activity, its eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all users shall be bound by these amendments.

• There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.

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: Binance Web3 Wallet is an optional product. It is your responsibility to determine if this product is suitable for you. Binance is not responsible for your access or use of third-party applications (including functionality embedded within the Binance Web3 Wallet) and shall have no liability whatsoever in connection with your use of such third-party applications, including, without limitation, any transactions you dispute. Please carefully review the Binance Web3 Wallet Terms of Use and always do your own research.