Happy New Year Math Joke from #Binance 0.012345679
Few days ago, #RewardHub shop switched to evaluating rebate vouchers in $USDC.
As the crypto space is a great place for those who love math puzzles, let's calculate the conversion rate between USDC and our spot Trading Fee Rebate Voucher USDC.
185 points = 75 USDC Rebate
1 point = 75/185 = 0.405(405) USDC Rebate
200 points = 0.405(405) * 200 = 81.081(081) USDC Rebate
Exactly 200 points cost 1 USDC in the Rewards Hub shop.
This gives us the price of 1 USDC = 81.081(081) USDC Rebate
Therefore, the USDC/USDC Rebate conversion rate is approximately 1/81 = 0.012345679
Happy New Year to everyone! 🎉"