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The plane just landed, I opened my phone to check the latest updates on #USD1, and there's good news! This is a double blessing!!
First, USD1 has officially launched on Aster_DEX, with spot and perpetual trading pairs now available!
Not only can it be held as a stablecoin, but it can also be used for trading, serve as margin, and settle transactions. Plus, trading fees are lower than USDT - limit orders have 0 fees, and market orders are 0.05%. The platform has also launched incentives where trading USD1 perpetual contracts can earn rewards weekly, with a maximum of 2.5 million WLFI distributed monthly. Holding USD1 also qualifies you for the platform's monthly rewards program.
Second, Binance's $WLFI airdrop activity has been extended by 28 days - we got another round, brothers! Knew we wouldn't be disappointed haha, can keep collecting basic salary!
The activity runs from March 20 to April 17. All you need is to hold USD1 in Binance spot, funding, margin, or futures accounts to participate. Rewards are distributed automatically every Friday, with a 1.2x multiplier for margin and futures accounts.
This round has a total reward pool of 135 million $WLFI , distributed over 4 weeks, with annualized returns of approximately 4%-5%, slightly lower than the previous period, but still solid returns!
Personally, I think Aster DEX has perfected USD1's use cases, while Binance's airdrop provides additional returns for holders. Together, they make USD1's utility and holding value even more prominent.
Given the current market environment, you know what I mean - stablecoin yield farming is relatively stable. No need for frequent operations while still earning steady returns.
Everyone can pay more attention to these two developments and participate within your risk tolerance!
Alright, that's all for today, you all check the rest yourselves!
@worldlibertyfi @Aster_DEX #USD1 #WLFI #StablecoinYieldFarming