Binance Reinitiates the USD1 Airdrop Campaign, Distributing a Total of 135 Million WLFI Tokens to Users Holding World Liberty Financial Stablecoin
The campaign runs for 4 weeks, with 33.75 million tokens distributed each week. Collateral account holders receive an additional 1.2x reward bonus.
(Background recap: Trump family’s USD1 stablecoin briefly decoupled and dropped 2%! Market cap of $5 billion, WLFI founder’s account hacked spreading FUD, massive shorting)
(Additional background: Secret Trump transaction revealed: Abu Dhabi royal family acquires 49% stake in WLFI for $500 million, raising national security concerns over USD1)
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Binance announced today (20th) the restart of the USD1 airdrop campaign, distributing a total of 135 million WLFI tokens to users holding the USD1 stablecoin issued by World Liberty Financial (WLFI).
The campaign runs from March 20 to April 17, lasting 4 consecutive weeks, with 33.75 million tokens distributed each week.
Eligible users must hold a USD1 balance (net assets) in any of the following Binance account types:
Spot Account
Funding Account
Margin Account (as collateral)
USDT-M Futures Account (as collateral)
The key difference lies in the multiplier based on account type: holding USD1 as collateral in margin or futures accounts grants a 1.2x reward bonus, encouraging users to embed USD1 deeply into Binance’s leveraged ecosystem.
The calculation is based on “7-day average qualifying balance × effective annual rate × 7 ÷ 365,” settled weekly.
However, there is a hidden deduction clause: The official announcement states that: USD1 obtained through borrowing other stablecoins, after deducting liabilities in USDT, USDC, U, RLUSD, and FDUSD, will be discounted at 70% of its value.
User A holds 10,000 USD1 in the spot account and 20,000 USD1 as collateral in the margin account during Week 1. Assuming an effective annual rate of 20% on the day of distribution, with a 1.2x multiplier, the annualized rate becomes 24%. At the end of the first week, the reward should be:
–
User B borrows 5,000 USD1 via VIP borrowing or leverage, with 4,000 USD1 used as collateral and the remaining 1,000 USD1 stored in the spot account during Week 1. Assuming an effective annual rate of 20%, with a 1.2x multiplier (24%), the reward at the end of Week 1 is:
Qualifying balance = 0
[(0 × 20% × 7) / 365] + [(0 × 24% × 7) / 365] = $0 WLFI
–
User C has 1,000 USD1 in a margin account and borrows 4,000 USDT (other stablecoin liabilities), then converts this 4,000 USDT into USD1. Now holding 5,000 USD1 in the margin account (“USD1 balance”). Assuming an effective annual rate of 20%, with a 1.2x multiplier (24%), the reward at the end of Week 1 is:
Qualifying balance = MAX [5,000 – 4,000, 0] / {5,000 – MAX[5,000 – 4,000, 0]} = 1,000 + (5,000 – 1,000) × (1 – 70%) = 2,200
[(0 × 20% × 7) / 365] + [(2,200 × 24% × 7) / 365] = $10.12 worth of WLFI