Binance launches a $400 million industry recovery and confidence rebuilding plan, Together Initiative
Oct 14, 2025 23:22:01
ChainCatcher news, Binance announces the launch of a $400 million industry recovery and confidence rebuilding plan, the Together Initiative, which includes:
- $300 million in token vouchers. Binance will issue token vouchers to users who meet all of the following conditions, with a single voucher value ranging from $4 to $6,000, totaling $300 million:
- Users incurred losses due to forced liquidations from futures and margin trading between 2025-10-10 00:00 and 2025-10-11 23:59 (UTC);
- The total liquidation loss amount is at least equivalent to $50;
- The liquidation loss accounts for at least 30% of the user's total net assets calculated based on the snapshot taken at 2025-10-09 23:59 (UTC).
Binance plans to start issuing token vouchers within 24 hours and aims to distribute the vouchers to eligible users' Rewards Hub within 96 hours. Please pay attention to in-app and email notifications. Due to the large workload, there may be delays during the distribution process.
- $100 million institutional support program. For ecosystem and institutional users severely affected by this market volatility, Binance will establish a $100 million low-interest loan fund to help them restart trading.
This is expected to inject momentum into the recovery of ecosystem participants, alleviate liquidity pressure, and maintain the stable operation of ecosystem partners. Eligible VIP and institutional users can submit applications through dedicated account managers, who will provide prompt responses and strict confidentiality.
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