Binance Wallet DeFi to Run Pharos R25 Axil USDC Campaign With $300,000 in PROS Rewards

According to the announcement from Binance, the Pharos R25 Axil USDC Campaign will be accessible via Binance Wallet DeFi, offering a total of $300,000 in PROS rewards to eligible users who subscribe USDC to the Axil Prime 3M USDC Vault during the Activity Period from 2026-07-15 00:00:00 to 2026-07-19 15:59:59 (UTC). The campaign is tied to a fixed-term, 3-month lock-up vault, and participation is open to all Binance Wallet (Keyless) users. Binance said rewards will be distributed on Pharos chain to eligible users’ Binance Wallets within 4 weeks after the Activity Period ends, using the 7-day average price of PROS before the campaign end date for reward distribution. Campaign Terms and Vault Details: The promotion centers on the R25 Axil Prime 3M USDC Vault, described as a 3-month lock-up product with an expected APY of 13%, a minimum subscription of 100 USDC per user, and a maximum vault cap of 70,000,000 USDC. Binance stated that users can submit and cancel redemption requests during the withdrawal window (2026-07-20 07:00 ~ 2026-10-16 07:00 UTC), after which the vault will auto-renew to the next 3-month lock-up cycle. Redemption requests will be processed up to 20 days after the 3-month lock-up period ends, and assets will be returned to the wallet on Pharos Chain once redemption is complete. Binance also said only users who subscribe through Binance Wallet DeFi to the specified vault are eligible for campaign rewards.