Binance Offers Nearly 8% in XRP for RLUSD But the Base Rate Keeps Falling
Binance is advertising up to 7.77% in XRP rewards for holding Ripple’s RLUSD stablecoin, but its own payout table shows the base rate has dropped three weeks in a row. The Number Explained Binance promoted the campaign on X early Saturday, adding: Hold RLUSD and share in $800,000 worth of XRP rewards! Earn up to […]
AI summary
Binance is promoting a campaign offering up to 7.77% in XRP rewards for users who hold Ripple's RLUSD stablecoin, with a total pool of $800,000 worth of XRP. However, the exchange's own payout table shows the base rate has declined for three consecutive weeks. The story is a promotional update rather than a market-moving event, though the falling base rate may signal waning incentives for holding RLUSD on Binance.
