Binance Wallet has launched a new financial activity
This event is an exclusive financial product
Based on past experience
Exclusives generally allow for arbitrage
This time it requires staking $USDD
First, let me introduce this token
$USDD is a decentralized stablecoin
Compared to $USDT and $USDC
The biggest feature of $USDD is its decentralization
The potential in the DeFi ecosystem is immeasurable
Furthermore, $USDD has two major advantages
First, its security is unquestionable
USDD has already passed multiple rounds of audits
So there is no need to worry about issues like token de-pegging
Second is its stability
$USDD is arbitraged through the PSM function
With ample liquidity
It can achieve a 1:1 no slippage exchange
At the same time, $USDD offers multi-chain yields
On-chain staking
LP mining
Both can enjoy high returns
Currently, the financial activity has reached its second day
The annualized return is as high as 14.04%
Most importantly, there is no lock-up period
You can deposit and withdraw at will
It is one of the best choices for low-risk arbitrage in Binance Wallet's financial products
Here are three points to note
Minimum stake is 100 USDD
Daily reward cap is 10,000 USDD
No TVL cap
So far
The annualized staking remains very high
Those who want to arbitrage can go for it
