🦅 More and more people are holding stablecoins in this market.
I just saw that Binance has extended the
$USD1 Airdrop campaign by another round, to August 7.
A prize pool of 165 million tokens for
$WLFI —the rules haven’t changed. If your account has USD1, it automatically counts. Spot, funds, margin, and futures accounts are all included, and there’s no need to lock up funds.
The reference annualized return is roughly 5.56%. In a bear market, I think this is worth a look. After all, it’s easy to lose money doing anything these days, and every kind of yield has come down. Having stablecoins with an extra ~5% return is genuinely pretty good.
But don’t treat it like guaranteed principal-protected investing. Airdrop returns are tied to the number of participants and the WLFI price. The more people participate, the thinner the reward per person becomes. And if the coin price drops, your actual returns will shrink too.
Also, there’s a 1.2x boost on the derivatives side—any open position volume of more than 300 USD1 per day qualifies. Personally, I won’t go out of my way to pursue this. In a bear market, opening derivatives is already risky. Chasing that extra 20% airdrop by shouldering funding fees and volatility could easily end up wiping out the extra rewards—and maybe even costing you money.
Besides, the snapshot takes the lowest value each hour. Your position needs to stay stable all day long; otherwise, if there’s a fluctuation one day, it’s all wasted.
The fact that the
#USD1 campaign keeps getting extended suggests the project team is still working on increasing their USD1 holdings. In a bear market, incentives for holding coins usually do work reasonably well.
If you missed it before, you can take a look now. If you’re already holding, you can just keep holding.
#USD1 #WLFI