Flash crash! $LIGHT 1 hours plummeted by 80%, completing the harvest.
Waking up to find the principal evaporated, with no opportunity even for a stop loss.
On December 22nd at 4:15 AM, the price was still 4.5, but by 5:30 it crashed to 0.9. How is this different from a scam?
The small coins on Binance Alpha do have opportunities, but the liquidity is so poor that retail investors are like meat on the chopping block.
To be honest, after seeing so many flash crashes, I am now more willing to place my funds in places that can generate stable returns. It's not that I'm cowardly; I've done the math. Even if I catch a 10x on LIGHT contract coins, a single harvest can wipe it all out. However, if I take the same amount to earn stable returns of 12%-25% annually, compounded over a year it can yield over 20%. The key is the safety of the principal, without having to watch the market every day worrying about being harvested.
Recently, Binance Wallet has also launched the USDD Yield+ strategy, where you can share a reward of 300,000 USDD over 30 days.
The path is simple: exchange USDT for USDD, then mint sUSDD to enjoy a 12% base return + activity rewards. The current comprehensive APY can reach 25.82%, with a minimum participation of only 100U, and no TVL limit.
Every day, 10,000 USDD rewards are distributed, and based on the current participation amount, those who entered early can get more.
I am currently mainly allocating to @USDD - Decentralized USD sUSDD, which has a base annualized return of 12% and is automatically compounded.
