Binance's new mining for initial offerings is back. This article is only for those who are already knowledgeable. If you don't understand anything and still want to teach others how to do things, then don't come looking for a sense of existence.
Binance Launchpool has launched Initia, and you should be able to feel that the recent yields from Launchpool are getting lower and lower. So is there a way to get a higher yield than participating in new offerings?
I will tell you now, there is, and the yield can exceed 3 times that of new offerings.
Currently, the annualized yield for participating in new offerings using FDUSD is only around 10-15%. As shown in the figure below, during the days of participating in new offerings on Binance, the comprehensive annualized yield of FDUSD directly reaches 115%. A simple calculation shows that the offering cycle is 5 days. The following is the calculation formula, taking 1000 FDUSD as an example: 1000 * 1.15 / 365 = 3.15. By depositing 1000 FDUSD in the new offering, you earn 3.15 FDUSD daily. After 5 days, 3.15 * 5 = 15.75. Plus, there are no transaction fees for buying and selling FDUSD, so do you still think the appeal of Launchpool is very strong for you now?