Looks like not many people are talking about this BN event. The BTC Yield annualized bonus launched on the 23rd and runs until August 22nd. The yield is ~1.2% base (floating, subject to the real-time value on the subscription page) + activity bonus. Binance @binancezh VIP 1–9 gets a 1% bonus, while non-VIPs get 0.5%. Overall, it’s pretty friendly to basic VIPs. The base yield comes from a covered call strategy. If the market surges, you’ll need to weigh it against the cost-effectiveness of holding spot. As for the VIP bonus, you need to maintain VIP status throughout the event. Snapshots are taken daily at 08:00 (UTC+8). If you lose VIP status even for one day, the entire period will be calculated at 0.5%. The bonus applies to the 0.01–30 BTCY range. Any amount exceeding 30 will only earn the base yield. Positions in master and sub-accounts are calculated together. The total prize pool is $70,000 worth of BTCY, distributed on a first-come, first-served basis. The earlier you join, the more days you’ll accumulate for rewards. Rewards will be distributed in a lump sum to your spot account within 14 days after the event ends. If you’ve got idle long-term BTC lying around, you can give it a try. From my experience, BN’s financial products are pretty smooth. The mobile entry is in the financial subscription section. For the web version, I’ll just drop the link below. Entry: https://www.(binance.com)/zh-CN/support/announcement/detail/d8ccddf06721422d8ab4047b0a7f932a