Given my plan to allocate $13 million to BTC through a pyramid-style buy the dips, there seems to be no reason not to allocate some funds to dual-currency investment products (selling puts). Currently, USD investment rates are ridiculously low due to the bear market, and recent market conditions have made me even wary of projects like USDE potentially encountering problems. I simply want to move my funds to safer places.

Considering the issue Rachel raised, I will allocate approximately $4-5 million to a sell-put strategy, while the remainder will be managed through various cash management methods.

I've investigated this today and found out: For the same option expiry date of March 27th, selling a put option yourself yields around 12% annualized, while buying a dual-currency option on the exchange yields around 9% annualized. Furthermore, dual-currency options require you to lock up all your funds, whereas selling put options allows you to use the funds for other purposes. In short: the capital utilization efficiency of dual-currency options is far lower than managing your own funds.