Binance Alpha's recent airdrop pace has been too fast, with several rounds in December.
The STABLE project airdropped 2000 tokens on December 8, with a threshold of 250 points, and it is still trading now.
The question is, what to do after receiving these airdrop tokens? Should we continue to hold or exchange them for stablecoins?
My answer is: exchange for USDD, and then start the yield stacking mode.
What is yield stacking? The airdrop itself is the first layer of profit, while the financial yield of USDD is the second layer.
Many people are satisfied with just receiving the airdrop, but in reality, they are only utilizing half of the profit opportunity.
USDD currently has several yield options, with APY ranging from 10% to 28%, offering great flexibility.
The simplest way is to stake USDD into sUSDD, with a base APY of 12%, and it is compounded automatically.
You only need to stake USDD on usdd.io/earn to mint sUSDD 1:1, which can be redeemed at any time.
This 12% APY is distributed through the protocol's own revenue allocation, not relying on external subsidies, so it has strong sustainability.
If you want higher returns, you can participate in LP mining of USDD-sUSDD on PancakeSwap.
According to official data, this LP pool can now reach an APY of over 28% due to additional Merkl rewards.
The basic yield of sUSDD is 12%, plus the transaction fees and mining rewards from LP, the total yield can reach 28.48%.
Of course, LP mining has impermanent loss risks, but both USDD and sUSDD are stablecoin attributes, so the impermanent loss is minimal.
Recently, Binance Wallet also launched the Yield+ USDD strategy, which is more suitable for long-time Binance users.
During the 30-day activity period, staking USDT can earn USDD rewards, with a total reward pool of 300,000 USDD.
10,000 USDD is distributed daily, allocated according to participation ratio, and currently, the additional reward APY can reach 25.82%.
Adding the 12% base yield of sUSDD, the total yield approaches 38%, which is quite enticing.
Moreover, Binance Wallet's Yield+ only requires a minimum of 100 USDT to participate, making it very accessible.
My current strategy is: Alpha to brush airdrops for the first pot of gold, then exchange for USDD to earn the second pot of gold.
For example, the zkPass airdrop I received on December 19, after exchanging for USDD, is placed in Binance Yield+.
At the current yield rate, one month later, not only will the airdrop yield be stable, but it can also earn an additional annualized return of over 25%.
This is the dual yield strategy, benefiting from both the Alpha airdrop dividends and the earnings from USDD financial management.
