In response to Binance's recent hot USD1 earning activity (with extremely high annualized returns, but a limit of 50,000 per transaction), buying directly on the secondary market often faces the dual harvesting of 'buying at a premium and selling at a discount', resulting in actual returns being far lower than expected.

In order to help everyone avoid pitfalls and maximize interest, here are two original arbitrage strategies for collateralized lending through Lista DAO, helping you bypass the premium trap.

Core Logic: Say goodbye to secondary market losses.

Instead of directly buying USD1, it’s better to use the stablecoins you hold to lend USD1 through Lista DAO. This way, you can avoid slippage and hedge borrowing costs through leverage or the returns of the collateral itself.

Plan One: Carefree and stable flow (expected annualized ~18%)

Suitable audience: Users who pursue simple operations and have a risk preference.

  1. Asset preparation: Exchange the USDT on hand for USDF.

  2. Core operation: On the Lista DAO platform, use USDF as collateral to directly borrow USD1.

  3. Yield realization: Recharge the borrowed USD1 into Binance Earn to participate in activities.

  4. Advantages: The logical closed loop is simple, without involving complex underlying yield stacking; the core is to utilize the borrowing interest spread to stabilize Binance's subsidy.

Plan Two: Yield maximization flow (expected annualized ~26%)

Suitable audience: Advanced players who wish to achieve double returns through 'nested investments' with refined operations.

  1. Asset upgrade: After exchanging USDT for USDF, first pledge it as asUSDF (to obtain about 10.5% underlying yield).

  2. Leverage operation: Use asUSDF as collateral to borrow USD1 and deposit it into Binance.

  3. Hedging principle: Although borrowing USD1 has costs, the additional yield of 10.5% generated by asUSDF can almost completely offset the borrowing interest, resulting in a surplus.

  4. Advantages: Achieves a dual return of 'collateral interest + Binance activity subsidy', making it the top arbitrage path currently available in the market.

💡 In-depth analysis: Why choose this path?

  • Price protection: Avoids the liquidity gap of USD1 in the secondary market, protecting the principal from friction losses.

  • Margin of safety: The oracle mechanism of Lista DAO is relatively mature, and since both the collateral and the borrowed items are stablecoin-pegged assets, the liquidation risk is extremely low.

  • Quota utilization rate: Within the limit of 50,000 USD, this 'loan arbitrage' model can maximize capital efficiency.

⚠️ Risk warning: Although it is a stablecoin hedge, it is still necessary to pay attention to the fluctuations in borrowing rates on the Lista DAO and changes in Binance activity quotas.

Want to know how to calculate the specific loan-to-value ratio (LTV) to ensure safety? I can help you calculate the optimal capital allocation.