🚀 🔥 BNB Chain to Distribute $300,000 in Token Rewards Through New Year’s Red Packet Event 🔥

BNB Chain has announced the launch of its New Year’s Red Packet Carnival, an event offering $300,000 worth of token rewards to participants. The carnival will take place from January 27 to February 17, 2025, and users will earn rewards by completing various tasks.Event DetailsThroughout the three weeks, participants can complete weekly tasks to accumulate points, which can later be redeemed for token rewards. Tasks will be provided by BNB Chain and its ecosystem partners and may include activities such as:Social media engagement, including sharing posts and interacting with content.Community sign-ins to stay involved in the BNB Chain ecosystem.Points earned will reset each week, meaning participants need to engage regularly to maximize their rewards.How to ParticipateUsers interested in taking part can access the event page starting January 27 to view details and track their progress.  

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🚀 Binance Updates USDe APR for Limited Period

According to the announcement from Binance, the platform will update the Annual Percentage Rate (APR) for USDe rewards from 2025-10-22 00:00 (UTC) to 2025-10-30 23:59 (UTC). During this period, the APR for USDe will be set at 7% for flexible holdings. Users must maintain a minimum holding of 0.01 USDe to qualify for rewards, with no maximum holding limit imposed. The rewards will be calculated daily based on the minimum snapshot of the day's USDe balance, using the formula: Daily Rewards = Minimum Snapshot of the Day’s USDe Balance * APR / 365.

Eligible balances for rewards include USDe held across users’ Spot, Funding, and Margin Accounts, including those used as collateral. Both master and sub-accounts are considered in the calculation. Multiple snapshots of users’ balances will be taken randomly each day to determine the minimum balance. Rewards will be distributed weekly to Spot Accounts by 10:00 (UTC) every Monday in USDe.

Participation in this activity requires users to complete identity verification and confirm their participation during the bonus period. However, users from certain regions, including the European Union, Canada, Australia, and the United States, among others, are not eligible for rewards due to jurisdictional and compliance restrictions. Binance reserves the right to disqualify users involved in dishonest behavior or those who tamper with the program code. The platform also retains the discretion to amend or vary the terms and conditions of the promotion without prior notice. Users are encouraged to stay informed about any changes to the eligibility criteria or terms of the promotion.

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🚀 Swiss Crypto Bank AMINA Integrates Paxos USDG Stablecoin into Institutional Services

According to ChainCatcher, Swiss crypto bank AMINA Bank has integrated Paxos's USDG stablecoin into its institutional services and joined the Global Dollar Network (GDN). As a Swiss crypto bank regulated by FINMA, AMINA Bank is expanding its institutional-level digital dollar services.

Myles Harrison, AMINA Bank's Chief Product Officer, stated that this collaboration reflects AMINA's ongoing commitment to compliance and innovation. In addition to custody and trading services, AMINA has introduced a rewards program offering higher annual rewards for USDG balances.

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