#usual $usual The usual pledge of UsualX (coin-based) has also dropped to 16%. In the case of a 10% haircut, theoretically, no users would be willing to pledge.
The U yield for a one-year lock-up is 96%. $Usual FDV has dropped to only 80 million.
A stablecoin project with a clear source of income, which also follows a good narrative, has ended up like this, leaving one feeling quite regretful.
Currently 5 accounts: Single account gold points are over 13000, ranking around 1800. Single account consumed over 1600 U, point cost around 0.12.
A few days ago, Ethena and @BasedOneX joined forces to create the perpetual contract platform HyENA, based on Hyperliquid, priced in USDe, reducing Ethena's promotional costs for expanding protocol TVL and applications. Using USDE as margin also brings additional underlying returns for users.
In terms of income distribution, Ethena, as the deployer, receives 50% of the trading fees from the Hyena protocol, while the other half flows to Hyperliquid. There are no intermediaries making a profit. If Hyena succeeds, the biggest beneficiaries are Hyperliquid and Ethena. The second largest beneficiary is Based.
Recently, I haven't drawn any rare NFTs; this pile looks useless.
#stable The price of the currency is steadily falling
Are there any group friends shorting Stable? I really hope group friends who short can make this money.
Although I know that $STABLE will definitely not be better than $XPL, I also dare not short; rationally speaking, I am afraid of unexpected events during the process, and I can't hold the short position. To be honest, I am just timid and lack the courage.
With the currency price going this way, I am also a loser. I still have a little XPL, and I have lost badly.
In this round, all mining/Launchpool/wealth management strategies, the best strategy is to mine, withdraw, and sell, leaving nothing behind. Even if there is a 1% probability of selling at a loss, including Ena/usual/xpl, it is very minimal. If treated as a strategy, the overall plan is to sell immediately after opening, which is optimal.
I hope Binance can release more financial projects soon, as the New Year is approaching, and everyone in the group wants to save some pocket money to have a good celebration. With so many on-chain ICO projects, why hasn't there been any news or collaborations from Binance recently? Are they all just waiting for a breakthrough?
1. The USDD project collaborated with Brother Sun and Binance Wallet offers a 12% annualized return, available for mining for 28 days. 2. The neighboring USDT allows for simple coin earning at 10%. However, the VIP status is not activated immediately after a recharge of 30,000; it will only upgrade after 9 AM the next day, and it’s likely that tomorrow's earnings will drop a bit.
Withdrawal card time phenomenon (due to insufficient hot wallet ADA, need to wait for recharge), also reminds again: In the future, when participating in such activities Be sure to pay attention to production safety Strictly control leverage Do not be confused by profits
Then we can only wait, wasted a bit of borrowing interest, but fortunately did not take on a large borrowing leverage.
If only considering that funds can be redeemed at any time + high yield temptation, then use sufficient borrowed coins or hedging leverage positions, in case of extreme market conditions with sudden spikes, encountering such withdrawal delays can lead to serious issues.
#Night Flash Earnings Collection 1.6W U around profit.
Beyond expectations, I estimate there won't be another opportunity like this next time. The only small regret is that the withdrawal is indeed a bit slow.
The first small test withdrawal of ADA took about half an hour to arrive, the second one turned out like this, surely I won't really wait 24 hours...
Haven't calculated in detail, roughly estimating around 1.6W profit. Basically mining, withdrawing, and selling, the average price should be around 0.05.
The downside is: although it was predicted that the ADA pool has the highest returns, I thought about borrowing a little to hold and see, if the returns drop too quickly, I would mine casually.
As a result, later on, leveraging borrowed coins, staking borrowed coins, and borrowing coins for each position all became full, making it very difficult to borrow. I also don't want to buy spot to short hedge, and I definitely don't want to borrow coins on-chain, so I just mined casually.
In May, the Binance wallet USDX event occurred. Although there was no depegging during the event period, the depegging event in November still gives me chills, especially since Binance does not guarantee the security of wallet activities.
After struggling for several hours, I decided not to go. The main reward pool is not very generous, just an additional 300,000. Although it can be redeemed instantly, it isn't a one-to-one redeemable amount.
Currently, there are over 770 participants, with a TVL of 6 million, and an average participation amount of 8,000. As for Binance events, it seems that the majority of users are not very interested in Binance’s offerings; at least, there aren’t any big players coming in at the moment.
Perhaps after the OKX flash profit event ends at 4 PM, there might be some improvement, but the possibility is slim.
Binance needs to make an effort; users are driven by actual benefits. Where the profit is, users will go.
#Night The more you dig, the better it smells Annualized 250%
Night is really warming up the bear market this time, having mined over 8000 U, and can still mine for another day.
This time OK is generous with money, and Night's coin price is also strong, Expecting 0.02 to 0.03 would be satisfactory, but it turns out this thing is steadily between 0.04 and 0.05, maintaining around 1 billion FDV.
If there's food and drink in CEX, who would want to take risks on-chain?
The Binance conference has also concluded, let's quickly get to work and ramp things up, it's best if CEXs compete, benefiting the vast majority of users.
Binance's VIP borrowing, pledged borrowing, full warehouse leverage borrowing, and incremental borrowing; All ADA borrowing has been completely exhausted; It is estimated that all the smart ones are borrowing ADA to mine $Night next door with an annualized return of over 200%. Borrowing ADA with an annualized return of within 15% is a big profit version of wealth management.
ADA, a cryptocurrency with a market value of 17 billion USD, won't be wildly pumped in chaos, right?
Dear friends in the borrowing and mining group, let's not be too aggressive and ensure safe production.
Binance is hosting a conference in Dubai, and they might not have time to distribute funds for the user Listing projects; it's been a long time since I've mined.
These past few days, I've had to go next door for meals, and the food from the two nearby places is quite good.
1: The previous meal from Flash Profit exceeded expectations; apart from the first mine at 100%, the expected annual return of 10% in the future seems promising, but it's only for 2 days. 2: See the image below. Of course, I dare not enlarge the funds; there are quite a few opportunities for digging pig's feet rice.
#Night The coin price on Binance Alpha is indeed much cheaper:
The quick profit this time is actually pretty good. In the first few hours, the annualized return was over 100%+, and you can still mine until the afternoon of the 10th and 11th at four o'clock:
In the first hour, I mined over 1200U. In the second hour, I only mined 600U because the coin price dropped by almost half.
Although I know there are five pools with the same rewards, it is inevitable that ADA is the least competitive. However, I still made a mistake by not borrowing in advance, and later it became a bit difficult to borrow, so I could only borrow small amounts each time.
NIGHT actually had a market capitalization of over 2 billion at the opening, and now it still has over 1 billion, which is a pleasant surprise.
However, it is very likely that the FDV cannot hold, and being around 500 million with a coin price of 0.02 would be quite good.
Stable next Monday, the 9th, will launch the mainnet Currently, the exchanges announced are Bitfinex, Bybit, and there has not been an announcement from Binance. At least Binance will no longer have high-yield deposit activities like Plasma. The current pre-market price for Binance is 3 billion, XPL FDV is 1.7 billion. Unless the spot market opens to manage market capitalization, it is highly unlikely to reach 3 billion at the opening.
#Stable Mining Recently, the Binance team should be busy with the BBW event, and there really aren't any profit-making activities on the main site.
The next flash profit activity: December 9th-11th, lasting for two days.
Expected annualized return of around 10%.
This project is the Cardano ecosystem privacy sidechain @MidnightNtwrk
Supports USDT, BTC, and ETH, as well as ADA.
In the previous Sei mining and selling event, I made about 800 U; this time, for two days, I've set a small alarm, hoping to earn some pocket money, I'm really starving.
#JUPITER WET Public Sale Details: Unable to participate in the first phase (whitelist) and the second phase (jup stakers have redeemed and cannot participate) Can only participate in the third phase: (1380 addresses filled up to 138W, with my speed, I'll just watch the show) Third phase: Public Sale Sales quota: 20,000,000 WET (2% of total supply) Selling price: 0.069 USDC (69m FDV) Purchase limit: 1,000 USDC Start time: December 4, 2025, 11 PM Beijing Time (23:00).
All phases have been oversubscribed and will be allocated on a first-come, first-served basis.