Promotion Period: 2022-07-05 08:00 to 2022-07-15 23:59 (UTC)
During the promotion period, all users who complete a total net deposit of at least 250 RUNE via the THORChain mainnet will be eligible for this promotion. All eligible users will stand to receive a share of a $50,000 prize pool in RUNE token vouchers in proportion to their net deposit amount.
Reward Calculation:
The RUNE reward for each qualified user = (Each userâs total effective net deposit volume / All qualified usersâ total effective net deposit volume) * $50,000 in RUNE token vouchers
Please note:
- Any deposits made other than the method described above will not count toward the total deposit amount required for this promotion. This includes but is not limited to internal transfers from another Binance account.
- Please enter the respective memo for RUNE when depositing RUNE to your Binance account.
Terms & Conditions:
- Only users who complete KYC by the end of the activity period shall be eligible for any rewards.
- If you donât have a Binance account, click here to get a 10% trading fee discount. The 10% spot trading fee discount will remain valid as long as the Binance referral program is in place. The 10% futures trading fee discount shared by the inviter will last for 30 days from the date of Futures account activation.
- Total Net Deposit = RUNE Deposit Amount via THORChain Mainnet - RUNE Withdrawal Amount via THORChain Mainnet.
- Rewards will be distributed within four weeks after the activity ends. You will be able to log in and redeem your token voucher via Account > Reward Center.
- Calculated on 2022-06-19, Binance will use 1.78 as the RUNE/USD exchange rate for distribution.
- The validity period for the token voucher is set at 14 days from the day of distribution. Learn how to redeem a token voucher.
- Binance will combine sub-accountâs deposit volume with the master accountâs standard deposit volume in the final calculation. Each sub-account will not be viewed as an independent account when participating in this activity.
- Binance reserves the right to disqualify trades that are deemed to be wash trades or illegally bulk registered accounts, as well as trades that display attributes of self-dealing or market manipulation.
- Binance reserves the right to cancel or amend any Promotion or Promotion Rules at its sole discretion.
- Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
Risk Warning: Digital asset prices are subject to high market risk and price volatility. The value of your investment can go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.