That day, I was chatting with a friend who said he sold his BNB to get USD1 for investment, earning 20% annually—sounds great. I didn't say anything at the time, but I was thinking: you're putting yourself on the hot seat.
Because I'm also doing USD1 investment, but I didn't sell my BNB.
I抵押 BNB into Lista DAO to borrow USD1, then used it on Binance to earn that 20%.
My friend asked me: Don't you worry about USD1 losing its peg?
I smiled: I borrowed USD1 and I'm returning USD1. Whether it crashes or not doesn't really matter to me.
Now I'll explain the whole logic in plain language, and you'll see—