The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

An announcement was issued on July 18 that the Binance team followed the advice of the Stellar (XLM) team and changed some parameters of the cold and hot wallets last year, causing Binance to unknowingly start from August 31, 2018. "Unexpectedly" XLM holding rebate.

It is understood that when Binance planned to launch the XLM staking rebate program at the beginning of this week, it discovered that 9,500,000 XLM staking rebates (approximately US$775,000) had been received in the account, and the weekly rebates during the period were recorded in Stellar
on the blockchain and deposited into a Binance account.

Binance then decided to add this "windfall" to the first phase of the rebate pool to share it with the community while supporting the XLM staking rebate program. Binance says it will start supporting Stellar on July 20
Position rebate. During the 44-day period, Binance took a snapshot record of the XLM balance of user accounts at 8 a.m. Hong Kong time every day, and then calculated the average user XLM position based on the snapshot record on September 1
quantity.

As for the distributed amount of XLM that users can get every day, it is calculated according to the following method: "The cumulative amount of XLM that Binance receives every day is multiplied by the user's holding ratio (that is, the user's daily XLM holdings divided by Binance's XLM
Total positions)". The following is the specific information of the position rebate plan:

Positions (including pending orders) less than 10 XLM will not be counted;

Daily settlement, monthly distribution, distribution completed before the 5th of each month;

The first phase of rebates will end on September 1, 2019, and a total of 43 days of XLM rebates will be distributed.

In short, Binance users who hold XLM tokens will receive double rewards on September 1st, i.e. the monthly reward for holding XLM for a total of 44 days, as well as the "one-time reward" distributed by Binance
, the latter comes from Binance’s 9,500,000 XLM rebates from holding XLM, which will be distributed proportionally to users holding XLM, with a value of approximately the sum of the monthly XLM rebates for 10 to 12 months.