How many times has it been—
Once the non-farm data is released, Bitcoin moves in 5 minutes what others do in a whole week.
Everyone in my circle is talking about 'Will Powell continue to cut interest rates or slow down the cuts next?'
You've been staring at the red and green candles for half an hour.
In the end, I found that my small amount of USDT stable position didn't increase by even a dime.
Even more magical is that when macro expectations sway,
The annualized returns of those 'stable investment' options on CEX are starting to decline one tier at a time.
The borrowing APR for USDT/USDC in DeFi is also collapsing.
You suddenly realize a cruel fact:
> Non-farm data and the Federal Reserve can make your coin price fluctuate wildly in just one minute.
But it won't actively help your stablecoin position grow by even 0.1%.
This is why I keep an eye on USDD 2.0:
When everyone is guessing whether the next non-farm payroll will be 'off the charts' or 'cold',
This over-collateralized stablecoin USDD,
has already built its own 'interest rate production line' on-chain with Smart Allocator + sUSDD.
It can even allow you to start with 100U and seriously earn a set of 'stable rewards on non-farm payroll day'.
The next article is a guide for Binance Square users:
'In the non-farm + interest rate cut cycle, how to use USDD to build a reward system that won't get kicked by sheep.'
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You need to understand one thing: non-farm payrolls are not just for entertainment; they are pricing 'interest rates'.
As long as it is an interest rate, it will inevitably transmit to the stablecoins in your hands.
When non-farm payrolls exceed expectations and the economy looks quite solid, the market tends to be 'cautious':
The interest rate cut may not come so quickly, and the risk-free interest rate won't go down.
The dollar investment rates you see in CEX cannot be clearly initiated in the short term.
When non-farm payrolls explode coldly and recession expectations intensify, the market will start to bet on 'significant interest rate cuts':
The risk-free interest rate has come down,
All yield products in the traditional world must 'cut salaries',
The on-chain lending APR and farming APY also decline accordingly.
You will discover—
You thought you could earn double-digit annualized returns on your stablecoin position, but reality has sliced it down to single digits or even 0.x%.
Then the problem arises:
> In this era where non-farm payrolls and the Federal Reserve lead the charge,
Can the 'salary slip' of stablecoins not be entirely dictated by Wall Street?
The answer for USDD 2.0 is a very crypto-native design:
I will first use over-collateralization + PSM to pin USDD near $1.
Then use Smart Allocator to earn money in DeFi by yourself,
Finally, use sUSDD to split this cash flow for you.
In other words,
Even if the next non-farm payroll explodes again,
The idea behind USDD is: 'You can keep arguing about the macro, but I will ensure the position pays salary on-chain according to my model.'
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From 'watching non-farm payrolls and eating melons' to 'using USDD to receive a salary': first establish a three-layer structure.
If you only want to remember one picture, it is this three-layer structure:
Bottom layer: USDD 2.0 itself—over-collateralized, fully on-chain, unfreezable.
This determines whether your principal can hold up.
Mid-layer: sUSDD—'salary card' of USDD
Pledge part of USDD as sUSDD, earning the actual on-chain interest generated by Smart Allocator.
This can be seen as the 'base salary' of USDD.
Outer layer: USDD / sUSDD activity scenarios on various platforms
For example, DeFi mining, lending, CEX Earn, wallet Yield+.
This is the circle you use to add overtime to your 'salary'.
The Federal Reserve and non-farm payrolls can influence the global interest rate environment.
But USDD 2.0 uses this three-layer structure,
It forced an interesting outcome:
> It is an interest rate system that fluctuates with the macro environment but is not completely controlled by it.
You will no longer just be 'holding USDT to watch shows',
But it can turn stable positions into a manageable cash flow.
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The bottom line for USDD 2.0 in the era of non-farm payrolls: first ensure 'a piece of data does not wipe out your position'.
You cannot control non-farm payrolls.
What can be controlled is only when a piece of data comes out, whether your base position will be overturned.
The first layer of USDD 2.0 is to make the 'bottom line' as boring as possible:
It uses assets like TRX, sTRX, USDT for over-collateralization,
Maintain the overall collateral rate above the safety zone in the long term to avoid easily hitting the liquidation line.
All collateral positions, treasury addresses, and PSM pools are visible on-chain for you to see.
You don't need to wait for the team to issue a 'we are safe' PDF;
The contract states 'no freezing, no blacklisting',
You won't suddenly find yourself 'unable to move' because a certain on-chain address offended someone.
For those who are earning rewards, this sounds completely unsexy.
But this is the key to whether you can play long-term:
> When you exchange USDT for USDD,
In fact, it is about 'I only trust a certain bank/platform'
Changed to 'I believe in an asset statement written on the chain'.
If this step is not clarified, all later APYs are illusions.
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Where is the real reward? The 'non-farm payrolls without feelings' of USDD / sUSDD.
The key point is:
In such an environment where non-farm payrolls affect the entire market and interest rate expectations fluctuate back and forth,
How does USDD 2.0 actually pay your salary?
Let's start with the conclusion—
The truly stable one is not on the activity page, but on this sUSDD ticket.
The moment you collateralize USDD into sUSDD:
It is equivalent to receiving a 'salary card' given by the USDD protocol;
The money in your card is not given by the project party based on their mood, but is the interest earned by Smart Allocator in DeFi;
The annualized return will roughly fluctuate around a range of 'double digits, but not outrageous' (specifics refer to the official website and real-time data).
What is the relationship of this line with non-farm payrolls?
The relationship is like this:
As macro interest rates come down, overall DeFi yields will decline, and Smart Allocator's strategies will adjust accordingly.
But because it is an actively managed on-chain fund pool,
Not completely tied to 'the returns of a certain type of asset',
The sUSDD APY you see looks more like an 'average salary adjusted by cycles';
When non-farm payrolls exceed expectations, you might see BTC pulling minute-level, and altcoins distorting.
The yield curve of sUSDD usually does not fluctuate as wildly as spot prices.
It is more concerned with the medium-to-long-term interest rate levels and the real yields of DeFi, rather than that one K.
So, from the perspective of earning rewards,
The value of sUSDD lies not in how much the APY states, but in its 'non-farm payroll sensitivity + sustainability'.
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Practical tutorial: Start with 100U and turn non-farm payrolls into 'the background sound of USDD paying salary'.
Having discussed the concept, let's move on to an actionable path.
Assuming you currently have only 100–1000U of USDT and want to build a 'non-farm payroll salary warehouse' with the USDD system, I would suggest doing it this way:
Step one: Convert the money you plan to hold for the long term into USDD first.
Choose the platform or on-chain path you are comfortable with and exchange USDT for USDD;
The logic of this step is not to 'earn the spread', but to change the operating system:
Switch from 'dollar cash + platform investment' to 'USDD stablecoin + on-chain interest rate system'.
Step two: Establish the base position—collateralize USDD into sUSDD and do one thing: receive the basic salary.
Take the portion of USDD that you plan to hold long-term without much fuss,
Pledge into sUSDD on the official page;
You can set a rule for this portion of the position:
not swayed by any activities or short-term APY, only responsible for slowly earning interest every day.
From this moment on, you have effectively opened a 'non-farm payroll salary' on-chain for yourself:
On non-farm payroll nights, you can still watch the show, but there is no need to use this money to bet on volatility;
How the Federal Reserve meets and how the press conference debates, what you care about is:
Whether the overall strategy yield of Smart Allocator has significantly collapsed, rather than just being a one-off data noise.
Step three: Use a small amount of USDD / sUSDD to 'test the waters' in activities and DeFi scenarios.
Once the base position is settled, you can withdraw a bit from the remaining part to do three things:
Do USDD–sUSDD LP in DeFi, earning transaction fees + rewards from the stablecoin pair;
In lending protocols, treat USDD as a supply asset to earn a little extra interest;
Participate in those USDD activities that you understand and have clear timelines in CEX or wallets.
The key point is:
> All of this is conducted under the premise of 'there is a stable sUSDD salary warehouse underneath'.
You are not using the entire stable position to compete in activities, but a small part to add overtime to your salary.
Step four: Every non-farm payroll night, conduct a 'salary physical exam'.
This step is a habit of advanced players, but I recommend you learn it too:
After the non-farm payroll is announced, check the overall market sentiment:
Is it a rise in risk appetite, or are yield-bearing assets being abandoned?
Compare it with your USDD portfolio:
Has there been a significant change in the basic APY of sUSDD?
In the DeFi pools you participate in, has the TVL surged or plummeted, and is the APY 'outrageous'?
Is it necessary to temporarily withdraw activities from extreme market conditions that you are not very confident about?
Over time, you will slowly get used to:
Non-farm payroll day is not a signal to 'go all in on a certain altcoin'.
But you are providing a fixed node for stress testing the USDD salary system.
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Don't deceive yourself: earning rewards from USDD, this 'sheep', may also get kicked.
At this point, it is necessary to further break down the risks.
Even if USDD 2.0 makes the mechanism look beautiful, it cannot escape a few hard realities:
The prices of collateral assets will still fluctuate, and extreme conditions may instantly breach part of the position's safety margin.
Whether the liquidation mechanism can withstand it depends on real combat.
Smart Allocator, no matter how conservative, is essentially running strategies within DeFi protocols,
It bears protocol risk + interest rate risk + operational risk; you are only indirectly taking on a part of it;
The annualized activity is always temporary; any 'stacked rewards' should not be considered something you can rely on long-term.
The one that can really go far is still the 'basic APY curve written on-chain';
Your own operations are always the biggest variable:
Forgetting to check the lock-up period, signing strange authorizations, and going all in on a single pool are not the fault of USDD.
Thus, this so-called 'earning rewards tutorial',
is essentially not teaching you to chase the next 30% annualized return,
But it teaches you to build a structure that 'thinks backward from non-farm payrolls':
> Since the world can go crazy over a string of numbers,
It would be better to let your stablecoin position become the role that quietly pays you a salary in the background.
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If I had to sum it up in one sentence, it would be:
When the next U.S. non-farm data breaks the headlines again,
The coins that should rise are soaring, while the coins that should fall are plummeting.
While everyone is checking 'what Powell said',
You can watch the show while
While being very clear that—
No matter how this K looks,
The salary curve written on-chain for USDD 2.0 and sUSDD,
Still moving forward at your own pace.
Decide whether to hand over part of your position to it,
Is your choice as a trader;
And I, as a person who seeks certainty,
What can help you is this stablecoin that 'will pay you a salary'.
Break it down into something you can understand and calculate.
> *This article does not constitute any investment advice, and the earnings and risks related to USDD / sUSDD are subject to official disclosures and actual on-chain data. Please make independent decisions based on your own risk tolerance.*#USDD以稳见信 @USDD - Decentralized USD
