It must be said that USD1 has indeed risen rapidly recently, with a supply exceeding 5 billion USD in just 4 days, of which 4.22 billion is on Binance, accounting for 85% of the total supply. It is clear that Binance has become the core liquidity pool for USD1.
Coincidentally, Binance is conducting an activity to share WLFI through USD1 trading from January 29 to February 27, for a total of one month. Just sign up to participate, with a total reward pool of 12 million WLFI, distributed in two parts, suitable for both beginners and those with energy.
The first part is a universal reward, with a reward pool of 3 million WLFI. As long as you trade USD1 spot pairs of the specified 17 cryptocurrencies, and reach an equivalent of 500 USD, you can participate. The first 75,000 participants can receive 12-72 WLFI, which is equivalent to 1.6 to 12 USD. Currently, not many people are participating, and there are plenty of spots left, making it a guaranteed low-risk opportunity that beginners can easily manage.
The second part is the leaderboard reward, with a reward pool of 9 million WLFI. You can participate by trading a total of 1,000 USD, and points are accumulated based on trading volume. Both buying and selling volumes count towards points, and the more you trade, the higher your points, which means you can receive more WLFI, with a maximum of 12,000 WLFI available, suitable for friends with funds and energy to push more.
In fact, the rapid increase of USD1 is not just driven by market enthusiasm, but also due to the expanding use cases. It is no longer just a stablecoin for storing and earning profits; it is gradually becoming an asset that can be used for high-frequency trading, no longer limited to being a transfer tool for buying and selling cryptocurrencies.
This wave of WLFI operations is also quite well-planned, using trading rewards to drive activity, combined with token airdrops and product binding, which can both temporarily boost trading volume and accumulate long-term funds, slowly building its own ecological closed loop.
There is no need to get too hung up on how much WLFI can be distributed this time; what is more worth noting is how many real transactions can remain within the USD1 system after the activity ends.
After all, the long-term competition of stablecoins is not about how much short-term subsidies are offered, but who can effectively run real use cases like trading and settlement!
That's all for today!
@binance @worldlibertyfi #USD1 #WLFI
