Binance Event: Earn a Share of a 200,000 BUSD Airdrop by Joining Liquid Swap
2 min read · · Korean original
Hello, this is Bitpunk. Today I'd like to introduce the Liquid Swap airdrop event being held by Binance. If you join the WBTC/ETH or ETH/BUSD pools on Binance Liquid Swap, you can receive not only the basic yield (trading fees + flexible savings interest) but also a share of 200,000 BUSD as an airdrop reward.
This airdrop reward applies only to users who have provided liquidity to the WBTC/ETH and ETH/BUSD pools, and each user's airdrop share is distributed according to their hourly share of the WBTC/ETH and ETH/BUSD liquidity pools. Here are the details.
| Liquidity Pool | Total Airdrop Reward | Period | Daily Airdrop Reward | Hourly Airdrop Reward |
|---|---|---|---|---|
| ETH/BUSD | 100,000 BUSD | 7 days | 14,285.7 BUSD | 595.2 BUSD |
| WBTC/ETH | 100,000 BUSD | 7 days | 14,285.7 BUSD | 595.2 BUSD |
Liquid Swap adopts DeFi's automated market maker (AMM) model. This means you could lose part of your principal as the prices of the coins in the pool change. This impermanent loss is usually covered by the fee income you earn in the pool, but when volatility is high, that may not be the case. So before joining, it's a good idea to understand this risk of losing principal!
For more details on Liquid Swap, please check out the video below.
* Sign up for Binance and join Liquid Swap (20% discount link)
