Fellow Binancians,
A new trading competition is launching on Binance Swap Farming. All users who swap tokens during the competition period will stand a chance to share up to 15,000 MBOX.
Competition Period: 2022-02-15 00:00 (UTC) – 2022-02-27 00:00 (UTC)
Promotion A: Liquid Swap New User Exclusive Rewards – 3,000 MBOX to Be Shared!
All Liquid Swap new users who have never used Swap Farming before the promotion will get an equal share of 3,000 MBOX by reaching a minimum total swap volume of 100 USDT (buy and sell) in any Liquidity Pools on Binance Liquid Swap. The reward for each qualified user is capped at $20 in MBOX.P
romotion B1: Trading Competition – 8,000 MBOX to Be Shared!
During the competition period, all users who trade in the Eligible Liquidity Pools shown below on Binance Swap Farming will be ranked by their total swap volume (buy and sell), excluding any wash trades. The top 50 users will share a pool of 8,000 MBOX.Eligible Liquidity Pools:
- MBOX/BNB
- MBOX/USDT
Prize Distribution:
| Ranking | Prize pool |
| 1st – 5th | Share 1,500 MBOX, based on each user’s swap trading volume proportionate to the total swap trading volume from users in this group |
| 6th – 20th | Share 2,500 MBOX, based on each user’s swap trading volume proportionate to the total swap trading volume from users in this group |
| 21st – 50th | Share 4,000 MBOX, based on each user’s swap trading volume proportionate to the total swap trading volume from users in this group |
Promotion B2: Trading Competition – Additional Prize for Top 10 UsersWe will aggregate the total swap trading volume of the top 10 users ranked by their total swap trading volume across all Liquidity Pools on Binance Swap Farming during the promotion period. Depending on the total volume, the top 10 users will unlock the corresponding prize pool and receive an equal share of it.
| Aggregated trading volume | Prize pool | Reward for each winner |
| $100 Million | 2,000 MBOX | 200 MBOX |
| $500 Million | 3,000 MBOX | 300 MBOX |
| $1 Billion | 4,000 MBOX | 400 MBOX |
Guides and Related Materials:
- How to Farm Yields in Liquid Swap
- About Binance Liquid Swap
- Binance Liquid Swap User Agreement
- How to Use Binance Liquid Swap – Liquidity
- How to Use Binance Liquid Swap – Swap
- How to Check Share and History of Binance Liquid Swap
- How to Claim Swap Rewards in Binance Swap Farming
Notes:
- Swap trading volume will be counted toward the VIP tier review;
- For users who are interested in participating in Binance Liquid Swap, please refer to the FAQ and the API documentation;
- Only swap trading volume counts toward the total swap volume for all promotions (excluding all wash trades), including the final ranking in Promotion B1 and Promotion B2;
- Sub-account’s trading volume will be combined with the master account’s standard trading volume in the final calculation. Each sub-account will not be viewed as an independent account when participating in the competition;
- During the competition, the trading volume of each token in the selected liquidity pool will be denominated in USDT and will be calculated based on the exchange rate at the end of each day;
- Rewards will be paid out within two weeks after the competition ends in MBOX based on the exchange rate of MBOX/USDT on Binance at the time of distribution. You can login and check the prize via Wallet > Transaction History > Distribution;
- Binance reserves the right to disqualify trades that are deemed to be wash trades or illegally bulk registered accounts, as well as trades that display attributes of self-dealing or market manipulation;
- Binance reserves the right to cancel or amend any Promotion or Promotion Rules at our sole discretion.
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses.Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
