Binance launched a special promotion to mark the integration of PENDLE into its Auto‑Invest platform. From August 24, 2023 at 10:00 UTC to September 29, 2023 at 23:59 UTC, eligible users could:
Subscribe to Auto‑Invest (via any plan) with a minimum total purchase of 500 USDT equivalent,
And receive BTC token vouchers worth up to $2,000, scaled by total subscription volume (Binance).
On top of that, users who successfully completed a PENDLE quiz were eligible for a free Auto‑Invest PENDLE monthly plan for five months, on a first‑come, first‑served basis (Binance).
PENDLE is a DeFi protocol that enables tokenization of future yield, splitting yield-bearing assets into:
Principal Tokens (PT) — discount tokens redeemable at maturity,
Yield Tokens (YT) — allow trading of expected yield separately (Gate.com).
The project was initially listed in Binance’s Innovation Zone, with trading pairs like PENDLE/BTC, PENDLE/USDT, PENDLE/TUSD, and even offered zero maker-fee trading for some pairs soon after listing, to boost liquidity and user adoption (Coinpedia Fintech News).
Users must join the promotion page via the “Join Offer” or “Join Promotion” button.
A minimum cumulative subscription of 500 USDT equivalent via Auto‑Invest plans qualifies.
Vouchers are distributed in tiers depending on total subscription amount, up to a $2,000 BTC token voucher (Binance).
Users complete the PENDLE Auto‑Invest quiz during the promotion period.
First 30,000 users to pass receive a 5‑month free PENDLE Auto‑Invest plan (TricksRecharge).
Promotion period: August 24 – September 29, 2023 (UTC) (Binance).
Later announced extension from September 17 to September 29 (Binance).
BTC vouchers were distributed after the promo—initially communicated to complete by October 2, later extended to October 13, 2023 (Binance).
PENDLE emerged as a yield‑trading protocol that allows users to tokenize and trade the yield component of yield-bearing assets.
Through its AMM, users can buy/sell PT and YT tokens separately, enabling speculation or hedging strategies (Reddit).
Its governance token, PENDLE, also grants holders voting rights and a share of protocol revenue or staking benefits (Reddit).
Auto‑Invest enables recurring purchases (e.g. daily or weekly) using Dollar-Cost Averaging (DCA) via stablecoins like USDT.
This suits long-term accumulation strategies, especially for tokens like PENDLE with evolving utility and yield dynamics.
When coupled with promotional incentives like BTC vouchers or trial plans, it becomes attractive for both new and automated investors (TricksRecharge, Binance).
Only valid Auto‑Invest subscriptions during the promotion period count.
Resources must deposit or fund purchases from either Spot Wallet or Simple Earn Flexible Products (Binance, Binance).
Binance can disqualify users for fraudulent behavior or bulk/sub‑account abuse.
Promo terms may change at Binance’s discretion; the English variant of terms prevails over translations (Binance).
Feature | Details |
---|---|
Promotion dates | Aug 24 – Sep 29, 2023 (UTC) |
Minimum Auto‑Invest subscription | 500 USDT equivalent |
Max BTC voucher reward | Up to $2,000 BTC voucher, scaled to subscription volume |
PENDLE quiz bonus | Free 5‑month PENDLE Auto‑Invest plan for first 30,000 quiz winners |
Eligible regions | Varies—product availability depends on location |
Reward distribution window | Vouchers distributed by October 13, 2023 (extended from Oct 2) |
Promotion links | Must activate via official Binance promotion page |
Join the promotion page directly before subscribing—eligibility starts from clicking “Join.”
Track your subscription volume—only cumulative Auto‑Invest purchases count.
Take the PENDLE quiz quickly to benefit from the limited‑space free trial plan.
Be aware of terms—fraud detection or abnormal account behavior can disqualify participation.
Read fine print regarding reward release dates and jurisdiction limitations.
Listing PENDLE in the Innovation Zone, along with zero maker‑fee trading initially, helped create liquidity and market exposure for the token during launch (Binance, TricksRecharge, vinanceee.com, getblock).
Binance’s cross-product promotion (Auto‑Invest + Dual Invest + staking) reflects a trend of bundling yield products with incentives to drive platform engagement (Binance).
The campaign highlights how education (via quizzes) can be integrated into promotions to improve user understanding of complex DeFi protocols like PENDLE.
This promotion offered a compelling way to combine automated investment strategies (Auto‑Invest) with educational incentives (quiz & free trials) and reward-driven growth (BTC vouchers)—particularly appealing for users looking to explore DeFi yield innovations like PENDLE.
If you're interested in diving deeper into topics like:
How PT and YT pricing evolves over time,
Risk profiles of yield‑tokenized assets,
Auto‑Invest mechanics and ideal settings for DCA,