USD1 has finally unpegged, but it's on the upside, hahaha～

Thanks to Binance and the USD1 Spring Festival investment red envelope, I'm happy!

In simple terms, the content of the new announcement is that holding USD1 in Binance's spot account, fund account, margin account, or U-denominated contract account will earn interest weekly.

Based on the current issuance of USD1 at around 3.2 billion, even if all USD1 is in Binance, the annualized return would be around 16-17%, so the actual annualized return will be quite impressive!

However, the total amount will definitely grow, which means the annualized return will decrease.

The most important reminder is that USD1 used as collateral in contract or margin accounts will have a 1.2 times increase, 👀

The basic gameplay remains the same, see these tweets:

👉 Beginner's lending tutorial: https://www.binance.com/zh-CN/square/post/34792846616121

👉 Money-making strategies collection: https://www.binance.com/zh-CN/square/post/34141149088938

👉 Best money-making strategy: https://www.binance.com/zh-CN/square/post/34232370171273

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

DeFi enthusiasts: BitHappy