Odaily Planet Daily News 📢 Binance released instructions and solutions for the CYBER currency earning incident! Because Upbit only supports the ERC20 version of CYBER, there is insufficient liquidity in CYBER (ERC20) on platforms such as Binance. A large number of users began to borrow money for transactions, and the demand for Binance loans surged. The platform's risk control for borrowing money has been triggered, and the lending rate has been raised.

Binance will use all the proceeds from the launch of CYBER financial products (871 CYBER) and an additional budget of a total of 800,000 USDT to subsidize users. The 887 users who failed to redeem on the coin-earning platform CYBER from August 29 to September 5 will receive subsidies based on the daily average CYBER holding ratio. At the same time, other CYBER currency deposit users will equally share the additional CYBER regular experience coupons equivalent to 200,000 USDT provided by the CyberConnect Foundation.

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