Real阿小小海
Open Trade
BTC Holder
High-Frequency Trader
3.2 Months
Crypto intern, intern for life.
26 Following
86 Followers
13 Liked
2 Shared
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Quotes
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Congratulations Teacher
Congratulations on breaking 1000 followers, thank you all for your support and attention!
Let's celebrate with a red envelope! I will continue to update and share more valuable content with everyone! 🧧🧧🧧
#BNB
Let's celebrate with a red envelope! I will continue to update and share more valuable content with everyone! 🧧🧧🧧
#BNB
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Today's Investment
B
BTC/USDT
Price
117,553.05
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Simple Earn / Simple Wealth Management
Many people only notice that Binance #Binance has launched a deposit interest rate of 12% for $USDC , and the smart ones are already in a loop. In fact, I believe the more crucial aspect is the latter, which is the annualized borrowing of USDC, locked at 4%.
One of the biggest pain points in leveraging returns through looping loans is the soaring interest rates on the borrowing side. For example, yesterday on Aave, the sUSDe/USDe - USDT loop had USDT borrowing costs skyrocketing to 15%. However, with Binance locking at 4%, the fixed cost opens up many possibilities.
For instance, I believe you are all holders of Bitcoin $BTC , right? You can directly collateralize to borrow USDC, deposit it back into Binance Wealth Management (12%) / buy USDe PT (15%). Based on a 70% LTV calculation, you can securely lock in an annualized return of 5.6% to 7.7% on Bitcoin, which is quite significant. If you can loop, reaching over 10% is not a dream.
However, it is worth noting that if you want to exchange USDC for other stablecoins, you need to be aware of slight changes in the exchange rate. Also, keep in mind that the promotion only lasts until September 16th, and finally, monitor the collateral price well. Enjoy.
Many people only notice that Binance #Binance has launched a deposit interest rate of 12% for $USDC , and the smart ones are already in a loop. In fact, I believe the more crucial aspect is the latter, which is the annualized borrowing of USDC, locked at 4%.
One of the biggest pain points in leveraging returns through looping loans is the soaring interest rates on the borrowing side. For example, yesterday on Aave, the sUSDe/USDe - USDT loop had USDT borrowing costs skyrocketing to 15%. However, with Binance locking at 4%, the fixed cost opens up many possibilities.
For instance, I believe you are all holders of Bitcoin $BTC , right? You can directly collateralize to borrow USDC, deposit it back into Binance Wealth Management (12%) / buy USDe PT (15%). Based on a 70% LTV calculation, you can securely lock in an annualized return of 5.6% to 7.7% on Bitcoin, which is quite significant. If you can loop, reaching over 10% is not a dream.
However, it is worth noting that if you want to exchange USDC for other stablecoins, you need to be aware of slight changes in the exchange rate. Also, keep in mind that the promotion only lasts until September 16th, and finally, monitor the collateral price well. Enjoy.
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