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$15 million incentives continue to be distributed, and the purpose of this kind of activity is very clear
Latest exchange action: The USD1 position holding reward event has been extended until May 15th, with a total prize pool of up to $15 million (WLFI), and the weekly distribution mechanism remains in place.
This level of incentive essentially has only one goal—locking in funds and retaining capital.
When the platform chooses to extend the activity cycle with real money, it indicates that the most important thing at this stage is not attracting new users, but "stabilizing existing funds."
For the market, such activities often bring two effects:
Short-term selling pressure decreases (users are reluctant to sell);
Funds stay longer (liquidity is locked).
So many people only see the rewards, but the real significance lies in the fact that the fund structure is being reshaped.
(On the surface, it’s about giving out money; behind the scenes, it’s about keeping chips in the game.)