Binance has extended its $USD1 airdrop campaign. The total prize pool is up to 150 million WLFI tokens plus up to 2.5 million USD1 tokens. As long as you hold USD1 on the platform, you can claim rewards every Friday with zero trading requirement.
How the prize pool is allocated: The campaign is divided into two stages. Stage 1 (10-02 to 10-16) distributes 75 million WLFI; Stage 2 (10-16 to 10-30) distributes another 75 million WLFI plus up to 2.5 million USD1. Rewards are distributed every Friday. The formula is “7-day average qualifying balance × that day’s actual APR × 7 ÷ 365”. If you use USD1 as collateral by placing it into a futures or margin account, and your daily position is not less than 300 USD1, you can also get a 1.2x bonus.
Participation requirements: Zero trading requirement—holding USD1 counts. This includes spot, funds, margin, and contract accounts. You need to complete KYC; both existing and new users can participate—it's not exclusive to beginners. The only thing to note: USD1 bought with other stablecoins (such as USDT/USDC) will be discounted by 30% (i.e., a 70% haircut) when calculating rewards.
Deadline: Stage 1 ends on 10-16. There are about 13 days left. Stage 2 runs until 10-30. The terms will be published before 10-16.
Is it worth going for: Moderately to on the high side. If you already hold USD1, or you happen to want to allocate some stablecoins, this is an easy way to also pick up $WLFI (the token of World Liberty Financial, the Trump family’s project). But if you’re doing it specifically to buy USD1 just to farm rewards, think twice: the APR is dynamic— the more USD1 holdings across the entire platform, the more the rewards are diluted, and the actual annualized return may not be as high as you expect. Also, USD1 is a relatively new stablecoin and carries de-pegging risk. Conclusion: If you’re already holding it or you were going to allocate it anyway, it’s fine to participate as a bonus—but it’s not recommended to move a lot of new capital in specifically for this.
How the prize pool is allocated: The campaign is divided into two stages. Stage 1 (10-02 to 10-16) distributes 75 million WLFI; Stage 2 (10-16 to 10-30) distributes another 75 million WLFI plus up to 2.5 million USD1. Rewards are distributed every Friday. The formula is “7-day average qualifying balance × that day’s actual APR × 7 ÷ 365”. If you use USD1 as collateral by placing it into a futures or margin account, and your daily position is not less than 300 USD1, you can also get a 1.2x bonus.
Participation requirements: Zero trading requirement—holding USD1 counts. This includes spot, funds, margin, and contract accounts. You need to complete KYC; both existing and new users can participate—it's not exclusive to beginners. The only thing to note: USD1 bought with other stablecoins (such as USDT/USDC) will be discounted by 30% (i.e., a 70% haircut) when calculating rewards.
Deadline: Stage 1 ends on 10-16. There are about 13 days left. Stage 2 runs until 10-30. The terms will be published before 10-16.
Is it worth going for: Moderately to on the high side. If you already hold USD1, or you happen to want to allocate some stablecoins, this is an easy way to also pick up $WLFI (the token of World Liberty Financial, the Trump family’s project). But if you’re doing it specifically to buy USD1 just to farm rewards, think twice: the APR is dynamic— the more USD1 holdings across the entire platform, the more the rewards are diluted, and the actual annualized return may not be as high as you expect. Also, USD1 is a relatively new stablecoin and carries de-pegging risk. Conclusion: If you’re already holding it or you were going to allocate it anyway, it’s fine to participate as a bonus—but it’s not recommended to move a lot of new capital in specifically for this.