What does an annualized return rate of 14% mean for 1.1%? I have prepared 3000u, and if I deposit it into the Ethereum chain, how much gas will I need to withdraw it? I seek advice.
诸葛投研
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Annualized return of 14.3%, how to enjoy USDD pig trotter rice from Binance Wallet?
Yesterday, Binance Wallet launched a pig trotter rice event: pledge USDD to receive an annualized return of 14.3%.
I noticed that some friends did not fully explain this event when promoting it. This article will give everyone a detailed introduction on whether it is worth participating.
Streamlined version: If you do not have the USDT chain of $ETH , it is not recommended to participate;
If you do not plan to deposit more than 500u, it is not recommended to participate, otherwise the returns may not even cover the gas fees; USDD has a 99.99% probability of not crashing, but if you are still worried about the previous issue with mevUSDT withdrawals and swear off any Defi, it is also not recommended to participate.
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