Binance’s $USD1 “Hold-to-Divide WLFI Pool” event to split $WLFI is back—yet again, it has been extended!
The new round runs until August 7. The prize pool is still 165 million WLFI. The gameplay hasn’t changed much: if you hold qualifying USD1 in a spot, margin, futures, or USDT-margined perpetual contract account, you can participate in the reward distribution based on the snapshot.
Based on the current page data, the annualized return is roughly around 5.56%. Of course, returns will vary with the amount of participating funds and the WLFI price. But for users who already hold USD1 and don’t have any trading plans for the time being, keeping your stablecoins on hand can earn you an additional share of rewards—pretty nice.
For contract users, there’s an extra bonus: every day, as long as there is at least 300 USD1 in open interest (OI) in the USD1 contract trading pair, the reward multiplier can be increased to 1.2x. Binance takes hourly snapshots and determines eligibility based on your lowest holdings that day, so it’s not something you can meet just by opening a position temporarily.
I thought this round was going to end, but now it’s been extended by another ten-odd days. If you already hold USD1, you can just keep it there. If you normally trade USD1 contracts, you can also quickly check whether you meet the bonus conditions.
If you don’t open contract positions often, there’s no need to force a trade just to get an extra 20% reward—let the return be a bonus on top, and don’t let leverage end up putting your principal at risk.
@worldlibertyfi #USD1 #WLFI
The new round runs until August 7. The prize pool is still 165 million WLFI. The gameplay hasn’t changed much: if you hold qualifying USD1 in a spot, margin, futures, or USDT-margined perpetual contract account, you can participate in the reward distribution based on the snapshot.
Based on the current page data, the annualized return is roughly around 5.56%. Of course, returns will vary with the amount of participating funds and the WLFI price. But for users who already hold USD1 and don’t have any trading plans for the time being, keeping your stablecoins on hand can earn you an additional share of rewards—pretty nice.
For contract users, there’s an extra bonus: every day, as long as there is at least 300 USD1 in open interest (OI) in the USD1 contract trading pair, the reward multiplier can be increased to 1.2x. Binance takes hourly snapshots and determines eligibility based on your lowest holdings that day, so it’s not something you can meet just by opening a position temporarily.
I thought this round was going to end, but now it’s been extended by another ten-odd days. If you already hold USD1, you can just keep it there. If you normally trade USD1 contracts, you can also quickly check whether you meet the bonus conditions.
If you don’t open contract positions often, there’s no need to force a trade just to get an extra 20% reward—let the return be a bonus on top, and don’t let leverage end up putting your principal at risk.
@worldlibertyfi #USD1 #WLFI