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As part of our commitment to driving the ease of stablecoin transfer and rewarding the BNB Chain community, we’re excited to launch the “Gas-Free Carnival,” featuring gasless stablecoin transfers!
Users can now enjoy seamless and cost-free stablecoin transactions on BNB Chain.
We’ve partnered with leading exchanges, wallets, and bridges to make stablecoin transfers even easier. Putting your stablecoins to work on BNB Chain is easier than ever – you can use them across various platforms to earn more rewards! Whether it’s staking, yield farming, or liquidity mining, BNB Chain opens up countless opportunities to maximize the use of your stablecoin in the Web3 ecosystem.
Option 1: Withdraw Stablecoins to BSC/opBNB with 0 Fees
If you’re holding stablecoins on a centralized exchange (CEX), we’ve teamed up with Binance, Bitget, Gate.io, and MEXC to offer 0-fee withdrawals on the BSC and opBNB networks during this event. Maximize your assets by withdrawing without the worry of transaction fees. Full details below.
Option 2: Free Transfers with Bitget Wallet and SafePal
As a token of appreciation, BNB Chain will sponsor $25,000 each for Bitget Wallet and SafePal users to cover gas fees during the event.
Here’s how it works:
- Each wallet address will get 6 free transfers per day during the event.
- Each transfer must be at least $0.10 worth of stablecoins (FDUSD/USDT/USDC) on the BSC network.
- Transfers apply when users move assets from one wallet to another wallet on BSC within the Bitget Wallet and safepal app.
Please note: Dapp swap transactions are not considered transfers for this promotion—only direct token transfers on BSC qualify.
Option 3: Bridge Your Assets for Free with Celer cBridge
For users with assets on other chains, BNB Chain has teamed up with Celer cBridge to offer a gas-free bridge experience. You can seamlessly bridge your stablecoins to BSC or opBNB to participate in high-yield products and decentralized finance (DeFi) activities.
How do I save?
- 100% Gas Fee Rebates: Receive a full rebate in FDUSD for the gas costs on BNB Chain.
- 100% Fee Discounts: Enjoy zero fees on Celer cBridge’s fees for eligible transactions.
Monitoring and Claiming Your Rebates:
Users can visit this Celer cBridge page at any time during the event to view their accumulated rebates and event status. And they can claim rebates at any time before 23:59 UTC on November 19, 2024.(The maximum claimable rebate amount for each user address will be 1,000 FDUSD.)
Please note that the campaign may end early if the Gas Fee Rebates cap is reached. A total of $50,000 has been allocated for Gas Fee Rebates. We are also grateful to Celer cBridge for covering over $150,000 in Base Fee and Percentage Fee（here is the detail）.
Beyond Bridging: Unlock Extra Rewards
Boost your returns by participating in additional opportunities. You can provide liquidity, stake tokens, or join activities across top protocols like Aave, Venus, Kinza Finance, PancakeSwap, Thena, Astherus Finance, Radiant, and Uniswap.
You have the option to engage in the Money Market/Bridge with relatively low risk. The following are some examples of available options as of September 18th.
You can also contribute liquidity to StableSwap and potentially earn rewards through various protocols. As of September 17th, examples include:
- PancakeSwap: USDT/USDC, liquidity APY: 2.3%
- PancakeSwap: USDT/FDUSD, liquidity APY: 10.01%
- PancakeSwap: USDC/FDUSD, liquidity APY: 12.34%
- Thena: USDT/USDC, liquidity APY: 8.37%
- DODO: USDT/USDC, liquidity APY: 9.3%
Prepare for a seamless, cost-free experience and dive into all that the BNB Chain ecosystem has to offer. Stay tuned for more details on how to be part of the Gas-Free Carnival Season!
We’re actively collaborating with additional CEXs, wallets, and bridges, with more set to join this exciting initiative soon. We also encourage other CEXs, wallets, and bridges to get involved and contribute to this expanding ecosystem (contact us to learn more).
Important Notes
- The BNB Chain core team reserves the right to amend or cancel the Gas-Free Carnival Season at any time, without prior notice.
- This blog is for educational purposes only and does not constitute financial advice. Always conduct your own research before engaging in DeFi activities.
- In case of any discrepancies between translated versions of this announcement, the English version will prevail.
Disclaimer：
Participation in the BNB Chain Gas-Free Carnival is completely optional. We do not and cannot control activity and data on the BNB Chain or the activities that community participants may develop using BNB Chain, which is a public, decentralized, and permissionless blockchain. Participation in the BNB Chain Gas-Free Carnival by any third-party project should not be construed as a recommendation, vetting, or endorsement of such third-party projects by BNB Chain, or any other affiliated entity.This information should not be construed as financial or investment advice.
