We’re now in the Binance BUIDL reward program

Otto
StableXSwap
Published in
1 min readNov 4, 2020

Hey guys, very short update about the Binance BUIDL program which seeks to reward developers who deploy usable dApps onto Binance Smart Chain. That’s exactly what we do so we made what was necessary to get these rewards!

The reward comes in the form of a rebate, all the gas fees paid from transactions that call the registered smart contracts are calculated, and a certain percentage is recorded and accumulated as a reward.

That means that each month a given amount of BNB will be sent to the smart contract creator address, the more transactions the more BNB.

We plan to use the BNB to buy back STAX tokens and add them to the community treasury then let the community vote for the best use cases as soon as the voting portal is available.

Let’s STAX together!

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