New high-interest financial activity for wallets that you must know about
Information about Binance wallet's financial activity that you must know
1. What is this event really about?
In simple terms, it's 'deposit money to earn interest':
You exchange USDT for USDD (another stablecoin, basically equal to 1 US dollar). Then mortgage the USDD on the platform (turn it into sUSDD). The platform will pay you interest, currently the annualized rate during the event is 14.31% (which seems very high).
2. Why is it not recommended to participate if there is no ETH chain USDT?
An annualized rate of 14.31% sounds impressive, but this event only allows deposits for 28 days, the actual return is: 14.31% ÷ 12 months × 28 days ≈ 1.1% (which means if you deposit 1000 dollars, you only earn about 11 dollars in 28 days).
Everyone knows it's going to drop, but no one knows when. I'm not in a hurry, 1x short position. Shrinking trading volume + MACD divergence, classic bearish signal, don't rush to catch the falling knife $pippin
There are big pitfalls in wallet finance; USDC cannot be exchanged 1:1. Participate cautiously in the journey; he's looking at $USDC for your interest while he wants your principal.
What the dealer means is that it needs to drop for three more months, as they haven't collected enough chips. Without enough chips, and with the current market being average and no news to grab onto, it's not 100% certain that one can make money. Brothers, let's wait a bit longer $币安人生
What's the panic? With a cost of 0.31, $币安人生 there aren't many purchases in life that are priced higher than mine. I'm not in a hurry; sooner or later I'll get up, and sooner or later I'll explode with a starting market value of 10 billion.
Binance life! It's not a meme, it's a belief! 0.096 is not a price, it's the ultimatum given to us by He Yi! If you don't buy, you'll continue to work in your next life! $币安人生
Binance life 0.096 USD, total supply of 1 billion, FDV only 96 million USD!!! The endorsement level of a mother is extremely high, the most authentic noble meme on the BNB chain! A few days ago it dropped to 0.08 and has now returned to profit, when else should we dive in?! Below 1 USD is all free money $币安人生
Wow, Binance life now has a trading volume of 33 million dollars, with a 24-hour turnover of 34%! The hype is still there, the community is still there, and mom is still here! 0.096 is the last chance to get on board; if you miss this wave, you'll only live the life of a 'working person' for the rest of your life! Buy it, directly Binance life $币安人生 live
$币安人生 Only 96 million market value?? Highest 500 million, now giving it away at 1/5 the price?! He Yi retweeted, Star shared, and Jesse all stepped down, this background is solid to the sky! 1 billion total supply, a wave of community enthusiasm will directly return to ATH, it's not a dream! Below 0.1 are all cabbage prices
Binance life at $0.096, trading volume of $33 million, leverage/capital ratio 34%!!! This liquidity explosion is outrageous, isn't it! Those brothers who bought the dip at $0.08 a few days ago have already made a fortune, now at $0.096 as a solid bottom, the next stop is directly back to $0.3+! The name is a spoiler: buying it = Binance life! If you don't go all in, are you worthy of He Yi's mother???