I conducted an in-depth review of on-chain data and discovered a very terrifying siphon effect: 4.22 billion out of the 5 billion is completely locked in Binance. This means that Binance alone accounts for 85% of the total supply. I believe this is no longer just a new listing, but Binance is personally creating a top-tier liquidity black hole for USD1.
Recently, Binance launched a trading distribution event with 12 million WLFI. I clarified the logic for everyone. This wave of dividends lasts from January 29 to February 27. Following my 'confidentiality first' principle, I broke down the fastest path to get results.
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▶ 01. A path suitable for beginners to steadily grasp low guarantees
What I value is its inclusive reward pool. As long as you trade the specified 17 USD1 spot pairs (worth 500U or more), the first 75,000 participants can share 12-72 WLFI.
Currently, my research indicates that the number of participants has not reached saturation, and the slots are very ample. I think for newcomers, this is a certain return that can be obtained with just a simple action, completely avoiding the need to grapple with complex strategies.
▶ 02. A logic suitable for large holders to climb the leaderboard
For friends with large capital and energy, I recommend focusing on the leaderboard reward pool of 9 million WLFI. As long as trading reaches 1000 dollars, you can participate, and both buy and sell count towards the score.
My judgment is: this kind of gameplay values capital efficiency. The highest reward limit of 12,000 tokens is actually screening for core players who can provide real turnover rate for the ecosystem.
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▶ 📝 Anna's investment research insights
What I care more about is the dimensionality reduction behind the data. The rapid increase in USD1 indicates that it is completing a key leap from being a yield-generating asset to a trading asset.
In the past, everyone used stablecoins to 'save money and earn interest', but now, through trading incentives like WLFI, it has turned into a frequently used 'liquidation medium'. I believe WLFI has executed this strategy beautifully: utilizing trading rewards to boost activity, combined with token airdrops, effectively created a closed-loop ecosystem for a new stablecoin.
One thing I must remind everyone: don’t just focus on those few airdrops; look at how many real transactions can remain in the USD1 system after the activity ends. The ultimate goal of stablecoins is never about subsidies, but about who can become the irreplaceable payment rail.
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Anna | A rational Web3 explorer
This is just my personal experience and understanding, and does not constitute investment advice. DYOR and take responsibility for your own decisions.
