It will be renewed for a month

Do you remember the USD1 financial product launched by Binance during the Christmas event? The annualized return of 20% directly ignited the market.

The $2 billion quota was instantly snapped up, and the platform urgently added another $800 million just to barely meet user subscription demands.

With only a week left until the financial product matures, a 'premature redemption' wave swept through the Binance square. The logic of these users is simple: almost $3 billion in funds had piled in, and on the maturity date of January 24, there will inevitably be concentrated selling pressure, leading to a high likelihood that USD1 will plummet. Rather than waiting for losses, it's better to run now—although it means earning a few days less interest, it can securely lock in the existing gains, and when calculated, it amounts to just one day's profit lost. This calculation doesn't seem like a loss at all.