🗯 How to optimally use $USDC and FDUSD in binance #Launchpool ℹ️
I wrote a short article on this topic sometime ago. It's still very current. Read it if you haven't! I leveraged the methods I described for the launchpool #Airdrop of $NIL ✨️
The situation with stablecoins improved a bit for European account holders. 👉 My 2 cents on the situation:
$USDC is now one of the options for staking funds in binance #Launchpool . YES! That is new, and probably not all of you noticed that.
The majority of my funds in launchpool is BNB, usually. But I will create an increasing position in USDC during this year, as I plan to sell into the (hopefully) rise of altcoins. Thus I can begin to profit more from launchpools with the increased USDC funds. 💵
I sold nearly all of the last launchpools for USDC, so that this adds up over time. ---
👉 A life hack with FDUSD:
What became obvious from the last launchpools: Staking $FDUSD seems to be at least twice as profitable as USDC and as BNB. Binancians made their rewards of last launchpools public. Stakers of FDUSD got more than twice as much rewards in relation to the funds they staked compared to USDC or BNB. So if you are trying to max out the profits, and you don't mind swapping your funds into FDUSD, then this is a valueable option you have.
I wont swap my USDC to FDUSD, because of MiCA regulations 🙄
$USDC is now one of the options for staking funds in binance #Launchpool . YES! That is new, and probably not all of you noticed that.
The majority of my funds in launchpool is BNB, usually. But I will create an increasing position in USDC during this year, as I plan to sell into the (hopefully) rise of altcoins. Thus I can begin to profit more from launchpools with the increased USDC funds. 💵
I sold nearly all of the last launchpools for USDC, so that this adds up over time. ---
👉 A life hack with FDUSD:
What became obvious from the last launchpools: Staking $FDUSD seems to be at least twice as profitable as USDC and as BNB. Binancians made their rewards of last launchpools public. Stakers of FDUSD got more than twice as much rewards in relation to the funds they staked compared to USDC or BNB. So if you are trying to max out the profits, and you don't mind swapping your funds into FDUSD, then this is a valueable option you have.
I wont swap my USDC to FDUSD, because of MiCA regulations 🙄
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USDC
0.9998
+0.03%
NIL
0.403
+5.49%