Binance Square is starting to reward discussion. Let’s not turn the comments section into a check-in machine again.
A Binance announcement says that, starting at 08:00 on October 19 (Beijing time), “Create to Earn” will add interaction rewards. Eligible text content can receive a share of the weekly reward pool based on genuine comments, likes, follows, and other interactions. The specific allocation will be determined by the platform based on the quality and quantity of engagement.
Don’t interpret this as “each like is worth a certain amount.” The announcement doesn’t specify a fixed rate, and explicitly excludes engagement rings that like and follow one another, batches of throwaway accounts, interactions without genuine readership, and automated, manipulative, or otherwise mechanically abnormal activity. Likes that are revoked and comments that are deleted won’t count either.
This is what I care about: a post that gets people to have a thoughtful discussion and one that ends with “If you’re bullish, comment 1” may both get comments, but they’re worlds apart in substance. Rewarding discussion is a step in the right direction, but whether it can reduce spam and identify genuine readership remains to be seen in practice.
And don’t treat the rewards as a promise that the more you post, the more you’ll earn. Eligibility and regional restrictions still apply, and readers certainly don’t need to trade just to support a creator. Whether the content explains things clearly should come before engagement numbers.
Organized with AI assistance
For information sharing only; not investment advice
A Binance announcement says that, starting at 08:00 on October 19 (Beijing time), “Create to Earn” will add interaction rewards. Eligible text content can receive a share of the weekly reward pool based on genuine comments, likes, follows, and other interactions. The specific allocation will be determined by the platform based on the quality and quantity of engagement.
Don’t interpret this as “each like is worth a certain amount.” The announcement doesn’t specify a fixed rate, and explicitly excludes engagement rings that like and follow one another, batches of throwaway accounts, interactions without genuine readership, and automated, manipulative, or otherwise mechanically abnormal activity. Likes that are revoked and comments that are deleted won’t count either.
This is what I care about: a post that gets people to have a thoughtful discussion and one that ends with “If you’re bullish, comment 1” may both get comments, but they’re worlds apart in substance. Rewarding discussion is a step in the right direction, but whether it can reduce spam and identify genuine readership remains to be seen in practice.
And don’t treat the rewards as a promise that the more you post, the more you’ll earn. Eligibility and regional restrictions still apply, and readers certainly don’t need to trade just to support a creator. Whether the content explains things clearly should come before engagement numbers.
Organized with AI assistance
For information sharing only; not investment advice