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LBank and Fat Penguin launch 500,000 USDT reward plan

2026-08-08 00:17:25
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LBank joins hands with Pudgy Penguins to launch a 500,000 USDT reward event

August 7, 2026, Singapore-LBank, the world's leading cryptocurrency exchange, has partnered with Pudgy Penguins, one of the most well-known Web3 native IP ecosystems, to jointly launch a 500,000 USDT reward event. New and old users can get multiple reward opportunities while participating in cryptocurrency transactions.

This event will be launched from August 7 and has five major reward categories: new user benefits, first order transaction rewards, lucky draw, futures trading rankings and $PUDGY lockup income. The event aims to provide flexible participation methods, and users can receive rewards based on their participation-from the first recharge, the first transaction, to continued participation in futures trading activities.

Eligible users can participate in and unlock rewards through the following activities:

Registration benefits

New users registered during the event can receive a 10 USDT futures experience gold if they net deposit at least 100 USDT into their futures account. The reward will be available to 12,000 eligible users on a first-come, first-served basis.

First order transaction reward

After completing the first qualified spot or futures transaction, users can unlock an additional 5 USDT futures experience gold.

Lucky Draw

For every 20,000 USDT cumulative futures trading volume, you can get one draw opportunity, and each user can get a maximum of 7 draws. Prizes include 1 BTC, Puggy Penguins peripheral goods and additional futures experience gold.

Weekly Rankings

During the weekly competition period, users with futures trading volume of at least 10,000 USDT can participate in the leaderboard ranking. The top 50 traders in each round will receive rewards, with a maximum single reward of 500 USDT futures experience gold.

$PENGU Lockout Income

Users who subscribe to at least 100 USDT equivalent tokens can enjoy a maximum interest rate bonus of 100% during the entire revenue period and receive a fixed annualized income of 10%.

Eric He, community angel officer and risk control consultant at LBank, said: "The popularity of cryptocurrencies is entering a new stage. The motivation for participation is no longer just from technology, but also from culture, identity and meaningful experiences. By partnering with Pudgy Penguins, we hope to create a more friendly environment where more users can explore Web3 in an easy-to-participate, fun and inclusive way. This event is not only about rewards, but also about building a closer connection between users, communities and the future digital economy."

The collaboration with Puggy Penguins reflects LBank's continued efforts to connect Web3 culture with cryptocurrency innovation. As digital assets evolve from emerging technology areas to a broader global financial ecosystem, well-known IP and community-driven experiences are becoming increasingly important in lowering barriers to participation and accelerating mainstream adoption.

Previously, LBank has partnered with Web3 native IPs such as Ponke, Nobody Sausage, and Yeti to create an interactive experience that integrates cultural influence and LBank's trading ecosystem. Through these collaborations, LBank continues to explore new ways to integrate community, creativity and financial innovation.

Looking to the future, LBank will continue to strengthen the connection between Web3 culture and cryptocurrency innovation through strategic cooperation with world-renowned IPs and communities. As digital assets move towards wider use, LBank is committed to creating more convenient, interesting and inclusive experiences that allow more users around the world to explore and participate in the future of the digital economy.

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