On-chain analyst Ai Yi said in a post on X that the annualized yield on Binance Wallet’s USD1 wealth management product has climbed to 14.76%, while total value locked currently stands at $2.37 million, a recent high over the past few days. Ai Yi added that users who subscribe to at least 100 USD1 through Lista can share a $50,000 BANK reward pool, with the campaign set to end on July 27. The analyst also said the actual annualized return will change with total TVL. At the same time, Ai Yi noted that no detailed campaign announcement had been found, so it remains unclear whether subscriptions made before the event ends will count as valid. If they do, describing the offer as a “2% return” may be more accurate than using an annualized figure, because the payout is not tied to duration.
Odaily reported that on-chain analyst Ai Yi said in a post on X that the annualized yield on Binance Wallet’s USD1 wealth management product has reached 14.76%.
According to the post, users who subscribe to at least 100 USD1 on Lista can take part in a $50,000 BANK reward pool. The campaign is scheduled to end on July 27.
Ai Yi said current TVL stands at $2.37 million, which is near the high seen over the past few days. The analyst added that the actual annualized return will change as total TVL changes.
Ai Yi also said no detailed campaign announcement had been found, leaving it unclear whether subscriptions made before the campaign ends will be treated as valid. If they are valid, the analyst said calling it a “2% return” may be more appropriate than using an annualized figure, because it is unrelated to duration.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.