Wow, as soon as I opened my eyes, I saw the collaboration event between Binance Wallet and USDD. I have to say that this力度 is really impressive. The event lasts for a month, with a total prize pool of 300,000 USD, which means a daily reward of 10,000 dollars. If calculated based on a TVL of about 100M, the annualized APY can reach approximately 15.65%, which is already quite good in the current environment. It really looks appealing 🤤
The participation method is also very simple. Open the Binance Exchange App, select [Wallet] in the navigation bar, then click [Finance] after entering, and choose [USDT section] on the finance page. The whole path is very clear, so you basically won’t get lost 👍
After entering the USDT section, scroll down to find [USDD]. After reviewing the relevant precautions, click [Purchase], enter the amount you wish to purchase, click [Next], and follow the prompts to complete the operation. The entire process is very smooth, and beginners can easily get started 😎
In terms of profits, I've done some simple calculations: Assuming the TVL reaches 100M with a daily prize pool of 10,000 dollars, it corresponds to an additional annual yield of about 3.65% on top of the base 12% APY, resulting in a combined annual yield of around 15.65%. This offers a very high cost-effectiveness for stable funds 💰@USDD - Decentralized USD
As for the safety and exchange issues that everyone is concerned about, there is actually no need to worry too much. The exchange of USDD and USDT operates through the PSM module, allowing for 1:1 zero-loss redemption, without any additional slippage or hidden costs. This is very friendly for long-term holders 😊
Overall, this is an activity with low thresholds, simple processes, and clear profits. If you have idle USDT, you might want to pay attention to this, as it could lead to some stable gains 🚀#usdd以稳见信