Directly pledging BNB for loans on Binance is actually not the optimal solution～

🤔 A community member just asked:

After pledging BNB to borrow USDC on Binance, can the pledged BNB still participate in Launchpool, HOLDer, and Megadrop?

The answer is no! However, we can "save the country in a roundabout way" — by using Lista's slisBNB for pledging and borrowing!

The core idea is: After minting BNB into slisBNB on Lista and pledging for a loan, you will receive the equity certificate of BNB, slisBNBx. This certificate can be delegated to the Binance MPC wallet to obtain BNB's Launchpool rewards.

Of course, there are certain costs involved.

For example: Redeeming slisBNB requires a waiting period of 7-8 days, and pledging for loans does not yield rewards for the entire amount of funds.

🎉 However, the rewards are still far higher than the costs.

Additionally, BNB can also be used for circular loans on Lista, refer to this post: https://www.binance.com/zh-CN/square/post/24568385107738

Furthermore, if a community member borrows USDC, it's highly likely for participating in USDC-subsidized circular loans, refer to this post: https://www.binance.com/zh-CN/square/post/28467282641522

Note: The above is for information sharing only and not investment advice, please do your own research!

DeFi Enthusiast: BitHappy