Binance launches second community rewards event: U Flexible Earn up to 10% APR, distributing $500,000 in SXT rewards.

BlockBeats news, November 5: Binance announced the launch of its second community rewards financial activity. Eligible users can enjoy up to 10% APR on U Flexible Earn and participate in sharing a 40,000 USDC reward pool and $500,000 worth of SXT rewards.

The activity is divided into four parts:

1. U Flexible Earn: The activity period is from November 5 to November 24. Regular users can receive real-time base APR plus a 7% tiered bonus APR, VIP 1 to VIP 3 users receive an additional 8%, and VIP 4 to VIP 9 users receive an additional 9%.

2. VIP Dual Investment Rewards: The activity period is from November 5 to December 4. VIP 1 to VIP 9 users can participate in sharing a 40,000 USDC reward pool based on their average Dual Investment subscription amount, with a maximum single-user reward of 5,888 USDC.

3. SXT Locked Earn: The activity period is from November 5 to February 2, 2027, offering a 14-day term at 12.9% APR and a 30-day term at 25.9% APR, respectively sharing $200,000 worth of SXT yield rewards.

4. Simple Earn Leaderboard: The activity period is from November 5 to December 4. Users earn points by subscribing to ETH or SXT Flexible and Locked products, and participate in sharing $300,000 worth of SXT rewards. The top-ranked user can receive 4.5 million SXT.

The U Flexible Earn and some SXT rewards in this activity adopt a first-come, first-served mechanism. Specific eligibility and rules are subject to the Binance activity page.