🔥Binance USD1 Phase 2 WLFI Airdrop Event Week 1 Earnings Have Been Credited

🥹The annualized rate for Week 1 is significantly lower than expected, only around 8%.

⚠️First, let's discuss the most concerning matter for everyone: ♻️Circular Loan Conclusion⬇️

❎Borrowing stablecoins (regardless of whether USD1 is repurchased): The borrowed portion will be counted at a 30% discount towards the recognized amount for the USD1 event.

✅Borrowing non-stablecoins (like ETH, BNB): It does not affect the recognized amount for the USD1 event.

📝Example: If the leveraged account has 10000 USD1, and borrows 4000 USDT, the recognized amount for the event is 6000 + 1200 = 7200 USD1; if 2 ETH are borrowed, the recognized amount remains 10000 USD1.

🎈However, please note that regardless of whether the borrowed assets are transferred to the Binance wallet for on-chain financial products or used on other exchanges, Alpha balance points will be deducted.

📅The coverage period for this reward: From 08:00 on February 20, 2026, to 08:00 on February 27, 2026 (UTC+8) ➡️ which means from 2.20 to 2.26, totaling 7 days.

📝My leveraged account details⬇️

➡️From 2.20 to 2.21, there are 32620 USD1 (borrowed 14679 USDT to purchase USDD in the Binance wallet, the actual recognized amount for the event is 17941 + 14679*0.3 = 22344).

➡️From 2.23 to 2.27, there are 32620 USD1 (discovered on 2.22 that stablecoin circular loans were not working, returned 14679 USDT before 8 AM on 2.23, borrowed 6 ETH on 2.26 to participate in flash earnings, and currently, the calculated data does not deduct the recognized amount for the event).

➡️Daily average (22344*2 + 32620*5) / 7 = 29684 USD1.

💰Today I received 445.7 WLFI, valued at 47.24u.

💵Actual annualized return: 47.24 / 7 * 365 / 29684 = 8.29%.

🧮This time the official did not release annualized data for reference, I compared with other teachers sharing on X, and it should be similar～

📉The annualized rate for the second phase of the WLIF airdrop event is still a bit disappointing, as I expected it to be at least above 9%, mainly because the rewards are fixed in WLFI tokens, and the WLFI token has dropped quite a bit.

🤔My strategy: Since U/USDD/KAT financial products do not count towards Alpha balance points, my plan is to keep only 10000 USD1 in the leveraged account after 8 AM tomorrow, and see what to do with the rest, either exchange for U to participate in the Binance wallet's U Carnival event (7 days remaining), or exchange for USDC/USDT to join the Binance wallet's KAT financial product event (12 days remaining).

🧠Calculate your own and see what the annualized rate actually is? What is your next strategy? Feel free to leave comments for discussion!