Binance Wallet to Run Two Starpower (STAR) Trading Competition Periods With 662,400 STAR in Rewards

According to the announcement from Binance, Binance Wallet will launch a Starpower (STAR) trading competition on Binance Alpha, allowing eligible users who can trade Binance Alpha tokens to participate by trading STAR via Binance Wallet (Keyless) or Binance Alpha. The competition is split into two promotion periods: 2026-06-17 13:00 (UTC) to 2026-06-24 13:00 (UTC), and 2026-06-24 13:00 (UTC) to 2026-07-01 13:00 (UTC). Participants will be ranked by total purchase volume of STAR during each promotion period, with only cumulative purchases counted and selling excluded. Binance said the top 2,070 users by purchase volume will share 662,400 STAR equally, which it stated equals 320 STAR per user. Only trades executed through Binance Wallet (Keyless) or Binance Alpha on Binance Wallet qualify; third-party dApp transactions, token bridging transactions, and volume generated from Alpha-to-Alpha token pairs are excluded. Early Bird and Rising Trader Multipliers: Rankings will be based on total Effective Trading Volume, calculated from daily effective volume across the promotion period. Daily Effective Trading Volume equals Actual Trading Volume multiplied by an Early Bird Boost Multiplier that declines by trading day: Day 1 and Day 2 are 2.2x; Day 3 and Day 4 are 2.0x; Day 5 is 1.8x; Day 6 is 1.5x; Day 7 is 1.0x, applied to both promotion periods using the same day-by-day UTC windows listed in the announcement. Binance also introduced a Rising Trader Boost Multiplier for users who, as of three days before the start of the promotion period, have won rewards in fewer than 5 previous Binance Wallet Alpha trading competitions. Eligible Rising Traders receive a 1.2x boost on actual trading volume up to a Rising Trader Boost Cap; if both boosts apply, Effective Trading Volume is calculated as Actual Trading Volume multiplied by the Early Bird multiplier plus the boosted portion up to the remaining cap. Reward tokens are scheduled to be made available before 2026-07-15 13:00:00 (UTC), with a 14-day claim window after they become claimable.