Why Binance Wallet's new financial product
I advise everyone to try depositing 100u
1. The project has raised 17 million USD, invested by Binance's YZI Labs. This company has invested in many projects, for example, the very popular BTW $ASTER opn at
2. Some people say it's a game for big players. I don't think so, because their main battlefield is at $USD1 $U kat usdd, where there is also a seven-day redemption period. Big players care about the flexibility of their funds, so it's rare; some people think if there are big players, they won't deposit, and they can bet against it. Moreover, the loss won't be much; the withdrawal fee and gas together are less than 1u. Even if you deposit, you won't lose 100U, it's still 100u.
Boost is only filled by 50,000 people; this financial product doesn't even have a UI interface, at most it's 30,000 people. With a seven-day redemption period, big players basically won't participate. 30,000 people, each depositing 100u, would be 6u. I don't believe everyone deposits 1000u, where would they get so much money?