💰Binance Wallet New $U Financial Activity Phase 1 Guide

📅Activity Time: 2/12 8:00～2/19 8:00 (7 days)

📝Path: Binance Wallet ➡️ Home ➡️ Ad Banner ➡️ U Carnival Season 1

🎯Activity A, complete any one of the following tasks to share 100,000 U

1⃣️Task 1: Hold at least 100 U tokens in the Binance non-custodial wallet; or

2⃣️Task 2: Subscribe to at least 100 U tokens in U Lista or Venus Vaults; or

3⃣️Task 3: Borrow at least 100 U tokens from Venus on the BNB chain using the Binance wallet financial feature.

🎈Only one of the above tasks needs to be completed. No need to complete all tasks

🎈Must hold tokens for at least 24 hours to be eligible to share the rewards of Activity A

🎈Subscription and borrowing must be completed in the same transaction (meaning a single transaction of over 100 U)

🎯Activity B, subscribe to financial products in the U Lista pool or Venus Vaults pool, each pool shares 350,000 U

💵Actual annualized estimate is around 10%, the estimation logic is as follows ⬇️

1⃣️USD1 issued 5.371 billion, sharing 10 million weekly, annualized at 15%, backtrack actual participation rate 64.7%

2⃣️U issued 711 million, sharing 700,000 weekly, assuming initial participation rate is also 64.7%, but since this financial product cannot calculate Alpha balance points, conservatively estimating based on actual participation rate of 50%, expected annualized around 10%

🎈Specific real-time annualized can be viewed on the activity interface

🎈Subscribing to U financial products does not count towards Alpha balance points

🆚Comparison with USD1 Airdrop Activity

1⃣️USD1 counts Alpha balance points, U does not

2⃣️USD1 can be recycled for loans, U cannot

3⃣️USD1 earnings calculated based on a full day's snapshot, U based on hourly snapshots, U is more flexible

🧠My Strategy: Subscribe to 101 U financial products, participate in activity A's guaranteed share: not participating in activity B's financial products because they do not count towards Alpha balance points (if borrowing U from the leveraged account to transfer to the Binance wallet for subscription, the leveraged account will calculate Alpha balance points based on net assets), and I have already used the recycled loan, switching incurs wear and tear.