#币安新币挖矿 #Launchpad Correct opening method
Suitable for players holding large amounts of stablecoins
1. Lending platform Venus pledges $USDT
2. Lending $BNB (liquidation line is 80%)
3. Use $BNB for launchpad
The project for the 41st Launchpad is
#NFP @nfprompt
One thing everyone should note is that the currency output of the BNB pool is 8 times that of the stable currency pool.
Why do you need to use stable currency to borrow BNB and then launch LaunchPad? It is because of the 8 times gap.
Let’s do the math:
If I use 10U of stablecoins to mine, it is equivalent to 10U of assets in the stablecoin pool being mined.
If I use 10U stable currency to lend 4U to @VenusProtocol for mining in the BNB pool, it is equivalent to 32U (4*8) assets being mined.
Liquidation risk:
Because the liquidation threshold is 80%, that is to say, when the value of the 4U $BNB lent rises to 8U (80% of 10U), it will be liquidated. That is to say, after the $BNB is lent, it must double in place. , can we liquidate our stable currency. How high do you think the risk can be?
Of course, the more you lend, the greater the risk. If you lend 8U, it may be liquidated in the blink of an eye.
Lending interest:
Generally speaking, the interest rate on lending is very low or even negative.
If it is negative, it means that we can still receive a certain amount of interest when borrowing money.
If it is positive, then we have to give interest to the platform.
The data of $ACE in the last issue shows that when the annual loan interest rate is less than 280%, then BNB staking to mine new coins is profitable. Of course, the content of the previous issue can only be used as a reference.
The above is the entire content of this issue. If you have a better new method of
#Launchpad , please leave a message in the comment area.