Are
$U still standing on the sidelines? 👀
Season 2 of the
$U Carnival is live on @BinanceWallet with $1.2M total rewards, and $600,000 allocated specifically to the Venus vault.
That’s $28,571 in U distributed daily until March 11.
Here’s how I’m approaching it:
1. Direct Supply
This is literally the simplest move. Deposit 100+
$U into the promoted
@VenusProtocol $U vault via
@Binance Labs Wallet → Earn.
Rewards are distributed proportionally based on your share of total TVL.
For Example:
If the vault TVL is 10,000 U and you deposit 100 U, you control 1%.
1% of $28,571 = $285.71 for that day.
If TVL increases, your percentage drops abs if it stays lower, early deposits benefits you more so timing matters.
2. Keep Your $BNB Farm
$U If you don’t want to sell your BNB or BTC:
• Supply BNB as collateral
• Borrow U (borrow rate currently around mid-2% range)
• Deposit that borrowed U into the promoted vault
You still maintain exposure to your base asset while positioning the borrowed liquidity toward the reward pool but ensure to monitor your Health Factor.
3. Already in from Season 1?
If you maintained your position in season 1, you remain eligible and there's no need to withdraw and redeposit.
⚠️ Please note:
• You must use a backed-up Binance Keyless Wallet.
• Minimum 100 U deposit required.
• Rewards are calculated daily based on your proportion of the pool.
• Campaign runs Feb 19 → March 11 (21 days max).
Not financial advice!
#StrategyBTCPurchase #TrendingTopic #Binance #BNBChain