This is by far the simplest earning activity; even beginners can participate without pressure. You only need to prepare 100U, and all operations can be completed in two minutes, plus it supports instant withdrawals, with redemptions arriving basically in seconds.

Such activities can be said to be rare and sought after. Binance's effort this time is very substantial, with a daily air drop of 10000 USDD, a total prize pool of 300,000 US dollars, distributed daily, with quicker participants earning more.

The event runs from December 11 to January 10, the earlier you participate, the higher the returns. No need for further explanation, let’s go straight to the tutorial part.

(Prepare ETH in your wallet as GAS fees, the minimum withdrawal from the exchange to the wallet is 0.002ETH)

If there is any, please ignore!

1️⃣ Open the Binance APP, click on the wallet entry, enter the wallet homepage, scroll down to see {Activity Center} and click to participate in the subscription.

2️⃣ Click on subscribe (not less than 100U), pledge 100U, click next, and follow the prompts to confirm.

(ETH must be in the wallet for GAS fees; otherwise, you cannot stake.)

3️⃣ Go back to the wallet homepage, return to the activity center, click on the second step page, and then click on the bottom right corner to subscribe.

Enter 100USDD, click next, and follow the instructions to click confirm.

4️⃣ Go back to the wallet, click on the activity center page, and it will show that the sUSDD has been successfully subscribed. (If you want to redeem the pledge, click on redeem and follow the prompts to release the pledge.)

USDD is a decentralized over-collateralized stablecoin designed to maintain a 1:1 stable peg with the US dollar.

It enhances asset security and stability through transparent and auditable on-chain mechanisms, allowing it to circulate safely within the DeFi ecosystem.

USDD can seamlessly integrate with various DeFi platforms, including lending, wealth management, yield aggregators, etc., providing users with reliable and transparent financial tools and asset usage rights.

What is sUSDD?

When users stake USDD, they will automatically receive a token called sUSDD.

The characteristic of sUSDD is that its value will automatically grow over time, as all staking rewards will accumulate into the value of sUSDD.

You can exchange sUSDD back to USDD at any time, with no lock-up and no mandatory time limits.

In other words, while staking USDD, your principal and earnings will accumulate in real-time and can be withdrawn at any time, making it very flexible.

Where does the income of USDD come from?

The sources of income for USDD mainly consist of three parts, all of which are transparent and visible on-chain mechanisms:

1. Smart allocator income

The staked funds of USDD will be intelligently allocated to multiple high liquidity platforms, such as:

• Aave

• JustLend

• Spark

Earn interest and rewards through these platforms, and transparently return the earnings to the staked users. All of this is executed publicly on-chain.

2. Stability fee income

When a user mints USDD by collateralizing assets, a stability fee needs to be paid.

This portion of the fees will become a continuous income for the protocol, ultimately feeding back into the income distribution system of USDD.

3. Liquidation fee income

When the collateral ratio falls below the required level and triggers liquidation, a certain liquidation fee will be charged.

This can reduce protocol risk and also become an additional source of income.

@USDD - Decentralized USD #USDD以稳见信