The USD1 investment is about to end, and just as I was about to exit USD1, I found that it had actually increased?
It turns out that Binance has extended the activity again, with super doubling, and the reward is 40 million USD in WLFI. Based on the scale of USD1, estimated at 3 billion USD, the annualized return is roughly between 16% and 24%. No wonder the price surged right after the announcement; those who participated in the investment not only received interest but also enjoyed a premium...
This time there is no limit, and it counts for spot, funds, leverage, and contracts, with collateral assets having a 1.2 times boost.
Considering that many tokens may still be on-chain or trapped on other platforms, the actual amount of funds participating in the distribution may be less than 3 billion USD, so the previous returns will need to be doubled, which is even more powerful than the previous phase's 20% activity.
The activity has started counting snapshots from today, with rewards distributed once a week. Well, it seems that I don't need to exit USD1 and can continue mining it 😂
