Hold $RLUSD and don't move it—the second batch of $XRP will be distributed tomorrow.
But if your balance drops to zero today, that day won't count for this week's calculation.
This is Binance's official promotion to distribute 600,000 $XRP to holders of $RLUSD .
The promotion runs from October 23 to November 20 (UTC), with a distribution each Friday.
The second batch goes out on November 6, covering the week from October 30 to November 6.
The base annualized rate for the first week is 4.84%. The rate for the second week won't be updated until November 6, so don't use last week's figure for this week.
The threshold is low: you qualify if you have net assets of at least 0.01 $RLUSD in your Spot, Funding, Simple Earn, or Margin account.
You also need to complete identity verification and confirm your participation during the promotion period. The announcement also lists a number of excluded regions, so check whether yours is among them.
Here's the easiest pitfall to miss: each day's eligible balance is based on the lowest balance recorded in the hourly snapshots.
If you transfer your coins out during the day, even if you transfer them back that evening, that day will count as zero.
Incremental holdings and the Simple Earn portion get an additional boost, up to a 1.3x multiplier.
Rewards are credited directly to your Spot account. Your payout depends on your share of the total holdings across all participants, so no one can calculate the exact amount in advance.
A quick note for anyone joining today: there's only one day left in this week's calculation period, so don't count on a full week.
And if you don't already hold it, don't buy it just for this one day—it isn't worth it.
Here's the link to the original official announcement: https://www.binance.com/en/support/announcement/detail/c453734d8dcc42d9af49c8f0627d67f7
This article is based on the official announcement and doesn't calculate your returns for you.
Image for illustrative purposes.
Do you hold $RLUSD ? Are you planning to leave it untouched today?
#AirdropAlert
But if your balance drops to zero today, that day won't count for this week's calculation.
This is Binance's official promotion to distribute 600,000 $XRP to holders of $RLUSD .
The promotion runs from October 23 to November 20 (UTC), with a distribution each Friday.
The second batch goes out on November 6, covering the week from October 30 to November 6.
The base annualized rate for the first week is 4.84%. The rate for the second week won't be updated until November 6, so don't use last week's figure for this week.
The threshold is low: you qualify if you have net assets of at least 0.01 $RLUSD in your Spot, Funding, Simple Earn, or Margin account.
You also need to complete identity verification and confirm your participation during the promotion period. The announcement also lists a number of excluded regions, so check whether yours is among them.
Here's the easiest pitfall to miss: each day's eligible balance is based on the lowest balance recorded in the hourly snapshots.
If you transfer your coins out during the day, even if you transfer them back that evening, that day will count as zero.
Incremental holdings and the Simple Earn portion get an additional boost, up to a 1.3x multiplier.
Rewards are credited directly to your Spot account. Your payout depends on your share of the total holdings across all participants, so no one can calculate the exact amount in advance.
A quick note for anyone joining today: there's only one day left in this week's calculation period, so don't count on a full week.
And if you don't already hold it, don't buy it just for this one day—it isn't worth it.
Here's the link to the original official announcement: https://www.binance.com/en/support/announcement/detail/c453734d8dcc42d9af49c8f0627d67f7
This article is based on the official announcement and doesn't calculate your returns for you.
Image for illustrative purposes.
Do you hold $RLUSD ? Are you planning to leave it untouched today?
#AirdropAlert
