Mar 27, 06:25 AM

Binance Launches Earn Yield Arena with 11% APR; Scallop Offers $300,000 Rewards in USDC, $WAL Secures $140M Pre-Launch

Binance has launched the Binance Earn Yield Arena, offering an 11% Bonus Tiered Annual Percentage Rate (APR) for subscribers of FDUSD Flexible Products. In conjunction with this, Scallop has initiated a Simple Yield Campaign on the Binance Wallet, allowing users to deposit USDC and compete for a share of $300,000 in rewards. This campaign runs from March 26 to April 24, 2025, with total rewards comprising $250,000 in USDC and an additional $50,000 in $SCA tokens. The campaign features a no-minimum investment model, enabling participants to start with as little as $25. Additionally, the $WAL token, which has secured $140 million prior to its launch, is being developed by Sui for decentralized storage, with a total supply of 5 billion tokens, 25% of which will be circulating at the Token Generation Event (TGE).