Linear Learn & Earn Campaign

Details

Linear is built on both Binance Smart Chain and Ethereum, allowing users to swap Linear’s assets across both DeFi ecosystems and use them as DeFi building blocks.

LINA is the native utility token of Linear and has the following use cases:

• Governance: LINA token holders will be able to vote on protocol topics such as synthetic asset listings, fee revenue splits, collateral ratio, and other Linear improvement proposals.
• Staking: LINA token holders are able to stake and collateralize their LINA tokens on the protocol to generate ℓUSD.

Promotion A: Learn and Earn $65,000 Prize Pool in LINA Tokens

All users who trade 5,000 LINA or more (buys and sells) across all eligible LINA spot and margin trading pairs, finish watching the LINA introduction video and take the quiz in this form with at least 1 correct answer during the activity period will share a prize pool of $65,000  in LINA token vouchers, based on the proportion of each user’s total effective LINA spot and margin trading volume multiplied by the number of correctly answered questions by the user.

Reward Calculation:

The reward for the qualified user = (Individual user’s number of correctly answered questions*the user’s total effective trading volume) / (Sum of each qualified user’s number of correctly answered questions*Individual user’s total effective trading volume) * $65,000 in LINA token vouchers.

Promotion B: Trade LINA and Win $55,000 Prize Pool in LINA Tokens!

The top 30 users ranked by total effective trading volume (buys and sells) across all eligible LINA spot and margin trading pairs, will share a prize pool of $55,000 in ​​LINA token vouchers. The rewards will be split based on each user’s total effective trading volume as a proportion of the top 30 users’ total effective trading volume during the competition period.

Reward Calculation:

The reward for each user in the top 30 = (Each user’s total effective trading volume / Top 30 users’ total effective trading volume) * $55,000 in ​​LINA token vouchers.

Terms & Conditions

• Only users who click the [register now] button on this page and complete KYC by the end of the promotion period shall be eligible for any rewards.
• If you don’t have a Binance account, click here to get a 10% trading fee discount. The 10% spot trading fee discount will remain valid as long as the Binance referral program is in place. The 10% futures trading fee discount shared by the inviter will last for 30 days from the date of Futures account activation.
• Eligible LINA spot and margin trading pairs: LINA/USDT, ​ LINA/BTC.
• Binance will use the average closing price at 11:59:59 PM (UTC) of ​​LINA/USDT trading pair during the activity period as the LINA exchange rate used for distribution.
• Winners from Promotion B will not be eligible for winning rewards from Promotion A.
• Rewards will be distributed within 2 weeks after the activity ends. You will be able to log in and redeem your token voucher via Account > Reward Center.
• The validity period for the token voucher is set at 14 days from the day of distribution. Learn how to redeem a token voucher.
• Please make sure that you fill in your Binance UID in the Google form correctly. Failure to fill it in correctly will be regarded as a waiver of the qualification to participate in Promotion A in the activity.
• Binance will combine sub-account’s and margin account’s trading volume 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 this activity.
• Trading volume counts both buys and sells, excluding any wash trades, across all eligible LINA spot and margin trading pairs.
• 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 Activity or Activity Rules at their 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.

Links

• Website
• Telegram (Korean)
• Twitter (English)
• Medium (English)
• Discord