Lorenzo sUSD1+ OTF Launches on Binance Wallet: Join the $400,000 Rewards Campaign!

Today, we’re thrilled to share that our flagship sUSD1+ OTF product and our Lorenzo Exclusive USD1 Vault on ListaDAO are now active on the Binance Wallet DeFi Revamp campaign. 

For this integration, we’re also kicking off 60 days of rewards with a cumulative $400,000 rewards pool.

In this blog, we’ll share details on what each vault is, how you can participate, and more on the rewards at stake.

Start Earning Now:

sUSD1+ OTF - https://binance.onelink.me/mL1z/v3mqpc5l?af_force_deeplink=true

ListaDAO - https://binance.onelink.me/mL1z/53jnhe4v?af_force_deeplink=true

sUSD1+ OTF 

• Total Rewards: $350,000
• Target APY: 6-7% Base APY+ Campaign Rewards
• Minimum Deposit: 100 USD1
• Begins: May 29, 00:00 UTC
• Ends: June 18, 23:59 UTC

sUSD1+ is an OTF (On-chain Traded Fund) product with nearly 30,000 depositors, launched by Lorenzo Protocol as the first-ever yield product for USD1 holders. The strategy focuses on underlying market-neutral strategies to generate passive, stable, and transparent real yield. This approach ensures that idle collateral is actively deployed to generate additional yield, further optimizing overall returns.

How To Participate

sUSD1+ OTF is accessible directly within Binance Wallet Earn via the USD1 token page. Full campaign participation is available within the app; there’s no need to leave for an external site!

To start earning rewards:

1. Update your Binance App to the latest version
2. Log in with Binance Wallet
3. Navigate to the campaign page by visiting DeFi → Tokens → USD1 → Lorenzo

Rewards

The target APY of this vault is derived from two sources: sUSD1+ OTF yields (synced with the rate displayed on the Lorenzo dApp) and daily campaign rewards. 

Individual daily rewards are distributed proportionally based on a user’s share of the total daily TVL in the campaign pool. This means that individual rewards increase with deposit duration and size.

Within 6 weeks after the sUSD1+ OTF campaign ends, rewards will be sent directly to users’ Binance Wallet address (or any address under their UID). 

Example Calculation:

The maximum deposit duration is 21 days, meaning that each day has a ($350k / 21 days) $16,666.67 daily prize pool.

If a user deposits 100 USD1, and the daily TVL in the promoted pool on Binance Wallet is $10,000, and the daily prize pool is $16,667, the user’s estimated daily reward will be:

(100 USD1 ÷ 10000 USD1) × $16,667 = $166.67

Get Started - https://binance.onelink.me/mL1z/v3mqpc5l?af_force_deeplink=true

Redemption

Lorenzo Protocol processes vault withdrawals through periodic settlement cycles, which typically last around 3 days.

If you elect to submit a withdrawal request during the campaign, the process will run as follows:

Before Settlement

1. The latest NAV (Net Asset Value) is calculated based on strategy performance
2. User profit is determined based on NAV changes

After Settlement

1. Both principal and profit become claimable from the vault
2. The total redemption time is typically 3-6 days

Lista Lorenzo Exclusive Vault

• Total Rewards: $50,000
• Minimum Deposit: 100 USD1
• Begins: May 29, 00:00 UTC
• Ends: July 27, 23:59 UTC

Alongside our sUSD1+ OTF launch, we’re also bringing Lista Lorenzo Exclusive USD1 Vault to Binance Wallet. This vault is designed to expand the use cases of World Liberty Financial’s USD1, allocating deposited capital across USD1-paired markets.

How To Participate

Lista Lorenzo Exclusive Vault is visible in the “Protocol” list inside Binance Wallet Earn, with full campaign participation available within the Binance Wallet app (no need to visit the ListaDAO dApp).

To start earning rewards:

1. Update your Binance App to the latest version
2. Log in with Binance Wallet
3. Go to the campaign page/Navigate to the campaign page: DeFi → Protocols → Lista  → USD1 (Lista/USD1-Bank)

4. Users may request a withdrawal at any time.

Rewards

To become eligible for rewards, users must first meet the minimum deposit requirement of 100 USD1. After that, all eligible participants split the reward pool equally, regardless of deposit amount or duration. For example, if 10,000 users participate in the campaign, each receives $5. 

Rewards will be distributed within 6 weeks following the completion of the Lista Lorenzo Exclusive Vault campaign. Rewards will be sent directly to users’ Binance Wallet address (or any address under their UID).

Important: The rewards distribution timeline for the Lista Lorenzo Exclusive Vault campaign is separate from the sUSD1+ OTF campaign. Therefore, the 6-week timeline for this campaign begins July 27 at 23:59 UTC (the campaign end date).

Get Started - https://binance.onelink.me/mL1z/53jnhe4v?af_force_deeplink=true

Institutional-Grade Real Yield On Binance Wallet

The launch of s1+OTF and Lista Lorenzo Exclusive USD1 vault on Binance Wallet marks our latest meaningful step forward in our mission to bring institutional-quality real yield products to on-chain participants at scale. This time, we’re delivering Lorenzo’s institutional-grade performance to one of crypto’s most widely used wallet ecosystems.

We encourage everyone to please review the campaign details carefully, assess their individual risk tolerance and investment objectives, and participate thoughtfully.

Deposit (sUSD1+ OTF) - https://binance.onelink.me/mL1z/v3mqpc5l?af_force_deeplink=true

Deposit (Lista Lorenzo Exclusive Vault) - https://binance.onelink.me/mL1z/53jnhe4v?af_force_deeplink=true

Get More Campaign Details From Binance - https://www.binance.com/en/support/announcement/detail/0648212bb40640b2a1dceac50c309edd?open_in_browser=true 

To stay informed on campaign updates and future Lorenzo Protocol announcements, subscribe to our blog, follow us on X, and join our Discord and Telegram.