The interest on borrowing coins is much lower than 20%
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Joy的笔记
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#币安usd1 Wealth Management
Binance Wealth Management USD1 🚨
Ends at 8 AM on January 24. That is this Saturday.
If you are worried that there won't be a refill event and the peg will be severely broken, you can borrow coins with leverage (conservative) or borrow on the Listadao chain (aggressive), borrowing USD1 to sell and lock in the principal, only losing three days of interest.
USD1 has currently re-pegged somewhat, it seems the officials are slowly repurchasing to stabilize the price, whether there will be a refill event later is currently unknown.
Last month, $WLFI proposed a plan to unlock and use 5% of the national treasury's tokens to promote USD1, and this proposal was approved in the Snapshot vote on January 4 (about 77.75% in favor).
Binance Wealth Management USD1 🚨
Ends at 8 AM on January 24. That is this Saturday.
If you are worried that there won't be a refill event and the peg will be severely broken, you can borrow coins with leverage (conservative) or borrow on the Listadao chain (aggressive), borrowing USD1 to sell and lock in the principal, only losing three days of interest.
USD1 has currently re-pegged somewhat, it seems the officials are slowly repurchasing to stabilize the price, whether there will be a refill event later is currently unknown.
Last month, $WLFI proposed a plan to unlock and use 5% of the national treasury's tokens to promote USD1, and this proposal was approved in the Snapshot vote on January 4 (about 77.75% in favor).
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.