Negative interest borrowing, Binance Wallet DeFi Carnival Season 2 is officially launched~

The star of this season is Venus, a well-established lending protocol on the BNB Chain.

Event details👇

Mortgage FDUSD, USDC, ETH, BNB, BTC, BETH to borrow USDT, and enjoy interest subsidies.

Currently, the borrowing interest rate is -4.38%, which means that as long as you borrow money, you can receive rewards.

It should be noted that: although the deposit interface supports depositing USDT, the event description clearly states: effective reward borrowing will deduct the USDT amount deposited in the event pool.

In other words, you cannot perform cyclical operations through the deposit and borrowing of USDT.

This morning, friends in the group have already discovered this event, and initially thought they could take advantage of it for a while longer, but it was just officially announced, hahaha!

👉 Event entrance: Binance App → Wallet → Discover → Exclusive Airdrop

Note: The above is only for information sharing, not investment advice, please be sure to do your own research!

DeFi Enthusiast: BitHappy

XVS
XVSUSDT
3.996
-1.91%