I really love liquid staking tokens, and when paired with native tokens in LP, there's almost no need to worry about impermanent loss and price fluctuations leading to out-of-range issues.
If a project is operational and conducts some trading volume guidance similar to Alpha on this trading pair, the returns from this LP can be incredibly high.
So, where are the LPs with over 1000% APR?
I know some community members are sneaking in on this, and it was mentioned once, but I guess everyone didn't pay attention, hahaha!
Last week, Aster announced that there will be no more deposit points.
As a result, the holding amount of USDF has been decreasing, peaking at 146M, and currently only 77M, a decline of about 50% (data from DeFillama).
➤ Friends who haven't redeemed yet are probably thinking:
1) Speculate: Hold Aster assets, there will still be airdrop weight;
2) Transfer assets to the contract account to gain trading point bonuses;
In theory, since the official has taken snapshots, there shouldn't be any more airdrops, but who knows.
A recent fund I deposited into Aster has been less than half a month, the airdrop snapshot has been taken, but redemption will deduct 0.1% of the principal, which is equivalent to 6 days of interest loss based on asUSDF's interest rate.
It's a bit annoying, but there's nothing I can do.
I initially prepared a sum of funds specifically for @Aster_DEX and @StandX_Official, the original plan was to earn interest on Aster deposits and speculate on airdrops, then transfer to StandX after Aster's TGE to continue earning interest and speculate on airdrops, but now it has been advanced.
Interestingly, after a large whale deposited into StandX two weeks ago, its stablecoin DUSD has been steadily increasing in holding amount every day.
I guess many friends share my thoughts, first Aster then StandX.
However, StandX has not completely absorbed the outflow of funds from Aster, which indicates that it is still not too competitive, especially since the contract features are not yet online; it is still in the early bird phase.
After all, both support BNB Chain, both have Binance backgrounds, both are Perp DEX products, and both have stablecoins.
Even the minting and redemption mechanisms of the two stablecoins are the same, minting is free, redemption is 0.1%, but can be directly exchanged on-chain.
Not long ago, the on-chain price of DUSD was below 1 USDT, and now it is above 1, I was originally thinking of using on-chain exchange to make up for the redemption loss of USDF, but there's no way out now.
If only I could have deposited earlier, I could have made back this little loss sooner, 🤣
Lastly, a complaint about Aster, your actions are just too slow!
Just saw @BroLeonAus say: Many newcomers don’t know how to add liquidity on Pancake.
Also saw a community member say: Alpha has attracted many users to the blockchain, the first stop is being scammed, and the scammer's wallet address receives tens of thousands of U in just one hour.
It seems that I, who entered the circle in 2021, have already become an old coin.
This also indicates that there are still many newcomers entering, but the number of newcomers cannot support so many projects.
I also saw @jason_chen998 say: Expecting the liquidity to drive the altcoin season is unrealistic; the last round was not only an epic global liquidity surge but also a round rich in innovation.
I also saw @Vito_AKs say: In this round, it's either arbitrage or gambling, with the shining @HyperliquidX, @ethena_labs, @pumpdotfun, and @Polymarket representing contract casinos, stablecoin arbitrage, MEME casinos, and prediction markets respectively.
If you ask me, it's all about the $ETH issue; if E doesn't rise, nothing rises; if E falls, everything falls sharply. 🤣
No need to click for details, I already know that this feature is definitely not developed by PancakeSwap itself, it must be integrated from a third-party service.
In the short term, it is good for PancakeSwap, and in the long term, it benefits the cross-chain solution provider Across.
So, in the short term, trade $CAKE, and in the medium to long term, trade $ACX, don’t make the wrong purchase!
1) Sui and Sonic both held trading events on Binance's Alpha and are going crazy on Alpha.
2) Aptos's Dex has been invested in by OKX, holding incentive events.
3) Sei's DEX and lending protocol are hosting incentive events on the BG wallet.
As for me, I benefited from the price increase of Sui and Sonic ecosystem tokens and enjoyed additional incentives from Aptos mining.
Only Sei's event I didn't participate in (too lazy to set up the wallet), I've heard that at the start of the event, depositing USDT had a 40% APR? Took a look, and now it has a 15.5% APR.