Binance's newly expanded Plasma earning activity, should you participate?
I will make the following analysis:
1. After confirming with customer service, after USDT earnings expand to 1 billion, it will still distribute 1% of XPL tokens (100 million), which means every 1U gets 0.1 tokens.
2. The total supply of XPL is 10 billion, estimated market value at listing is 200 to 300 million based on a circulation of 1 billion, which means each token is worth 0.2-0.3U.
3. The earning cycle for USDT is 60 days, which means every 1U earns 0.1 x 0.2 (or 0.3) = 0.02 (or 0.03) U in 60 days, annualized it is 12%-18%. Adding the original 2% USDT annualized, the total annualized return is 14%-20%. Of course, if the coin price is higher or the market value is higher, the annualized return will be higher, and vice versa.
Finally, it's almost 5 o'clock, the new quota of 250 million has come out, everyone should prepare quickly to participate.
