Binance Wallet's new round of fundraising activities is here! But for those who are not HOLDer, how can one keep up with the pace of BNB's rise when it doesn't match the pace of personal purchases? What to do when the activity ends and selling can't keep up with the drop in price?
You can try using on-chain lending, pledge U to borrow BNB to participate in the event, and then repay it after the event ends to avoid price losses!
How to operate:
1 Take Binance Wallet and Venus as an example, search for "Venus" in "Discover - DApp" to enter.
2 Scroll down to find USDT or other tokens you want to pledge and click to enter.
3 Pledge the token and turn on the Collateral switch.
4 Go back to the homepage and find BNB, click to enter.
5 Borrow tokens at the "Borrow" section, you can borrow up to 80% of the collateral value.
6 After the event ends, repay BNB in the "Repay" section, remember to pay back the full amount.
