From a timing perspective, it's been pushed directly to April 17th, roughly another full month. Many people might think it's just a regular financial product activity, but if you connect these rounds together, the pattern is actually quite clear.
To put it bluntly, it's not simply about getting you to "hold," but rather making USD1 become a truly usable asset. These types of activities don't have outrageous rates right now, roughly in the 4%-6% range, but under current market conditions, that's actually quite a clean return.
What USD1 is doing with this entire set of moves is essentially two things: on one hand, using incentives to drive the "holding" aspect, and on the other hand, gradually connecting "use cases."
Only when more people are actually using it will this thing have real liquidity and value, so you can understand this round of extension as: short-term financial product, medium-term scenario buildout, long-term betting on a new payment pathway 🚀
USD1 this round has been extended again 🍺
From a timing perspective, it's been pushed directly to April 17th, roughly another full month.
Many people might think it's just a regular financial product activity, but if you connect these rounds together, the pattern is actually quite clear.
To put it bluntly, it's not simply about getting you to "hold," but rather making USD1 become a truly usable asset. These types of activities don't have outrageous rates right now, roughly in the 4%-6% range, but under current market conditions, that's actually quite a clean return.
What USD1 is doing with this entire set of moves is essentially two things: on one hand, using incentives to drive the "holding" aspect, and on the other hand, gradually connecting "use cases."
Only when more people are actually using it will this thing have real liquidity and value, so you can understand this round of extension as: short-term financial product, medium-term scenario buildout, long-term betting on a new payment pathway 🚀