If you’re holding stablecoins on Binance that you are not using, it might be a smart move to switch them to USD1.
Binance is incentivizing USD1 holders with a $40M $WLFI reward pool over 1 month pro-rata (the more USD1 you hold, the more WLFI you get).
The real APR will depend on how many people that get in, but can definitely see this as a juicy farm (no cap on deposits). Partnered up with @worldlibertyfi to spread some awareness to this.

Binance
@binance
01-23
Your USD1 can do more.
Just hold USD1 and auto-share $40M in WLFI over 28 days. Margin & Futures users get 1.2x rewards.
Find out more 👉 https://binance.com/en/support/announcement/detail/fdcb95e74a1645729a1b8923a5e4187f?ref=AZTKZ9XS&utm_source=BinanceTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial…


do you know when the first batch of rewards are sent to see the first estimates of APR?
I heard someone said 16% yesterday. Weekly batches
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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