Today I closed the sell call for the pancake and kept the sell put. The interest on usde is 7%, and the premium keeps rising. It seems the bullish market atmosphere is very strong. The expectation for interest rate cuts in the U.S. has increased.

Let me share some recent insights on using usde. An annualized rate of 7 to 8 is really appealing, receiving interest airdrops daily has an extremely strong psychological massage effect. At the same time, using usde as margin to sell puts, steadily selling with an annualized return of around 10% for a weekly settlement period, the win rate is also over 80%. Combining the two, the low-risk annualized return is 15+%, which is very comfortable.

Moreover, usde is currently at a premium compared to usdt and usdc. At an appropriate time, I can convert some profits into usdt. When the market returns to a discount in the future, I can convert it back, allowing for a risk-free annualized return of 5%. Why not? 😁