Odaily Planet Daily News: Binance announced the official launch of the USDe reward distribution. The rewards will be accumulated daily starting from the day after the user meets the minimum holding requirement of 0.01 USDe; daily rewards = the lowest snapshot value of the USDe balance on the previous day × annualized rate of return / 365.
The snapshot rules are:
- Eligible balances include USDe held by users in spot, funding, and margin accounts;
- USDe used as collateral will be included in the snapshot;
-Balances in both the master account and sub-accounts are included in the snapshot;
- The snapshot time will be randomly selected multiple times between 08:00 and 07:59 the next day (GMT+8).
In addition, Binance will launch a limited-time USDe rewards program. During the promotion, eligible users who hold at least 0.01 USDe in their Binance accounts for at least 24 hours will receive a 12% annualized yield.
