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Aug 18, 01:44 PM
OpenEden, Binance Wallet Launch Six-Week Campaign Offering EDEN Rewards
DeFi
Blockchains
Airdrops
Crypto

OpenEden, Binance Wallet Launch Six-Week Campaign Offering EDEN Rewards

Authors
  • OpenEden
  • Crypto Briefing
  • BSCN Headlines
4

Tokenization platform OpenEden has rolled out a six-week “Binance Booster Campaign” in partnership with Binance Wallet, deepening its push to bring real-world-asset (RWA) yields on-chain. The promotion, which began on 18 August at 11:00 a.m. UTC, lets eligible Binance Web3 Wallet users earn both on-chain yield from cUSDO—OpenEden’s wrapped, yield-bearing version of its USDO stablecoin—and rewards in the platform’s forthcoming governance token, EDEN. Participants must complete a series of tasks that introduce them to cUSDO, including swapping at least US$20 worth of the stablecoin and providing US$50–US$200 of liquidity to a cUSDO–USDT pool on PancakeSwap. Early movers receive additional incentives: the first 100,000 wallets meeting the US$50 liquidity threshold, and the first 50,000 hitting the US$200 level, qualify for extra EDEN distributions, while a bonus pool is reserved for the first 50,000 users who finish all five tasks. The campaign follows OpenEden’s unveiling of EDEN as the native token for its RWA ecosystem. Seven-and-a-half percent of the total EDEN supply is earmarked—fully unlocked—for participants in the company’s earlier Bills Campaign Airdrop, and the token will support governance, staking and treasury buybacks. OpenEden says the initiative is part of its strategy to bridge traditional finance and DeFi; cUSDO is fully backed by short-term tokenized U.S. Treasury bills held by a Bermuda-regulated entity. OpenEden also highlighted that it logged the highest 30-day growth among RWA projects on Ripple’s XRP Ledger, where the value of tokenized real-world assets rose 32.3% and the chain’s DeFi total value locked increased 19% over the period.

Written with ChatGPT .

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