"Daring to charge a funding rate of 36% or even 48% in one day, is this TM borrowing or robbery?!"
$BEAT, I advise you not to touch it. Concepts like value investing and technical analysis are all jokes in the face of such perverse funding rates. An annualized rate exceeding 30% is already a vampire, and now the daily rate can reach nearly 50%. This is not a trading market; it's a blatant manipulation tool by large funds, specifically targeting us honest folks who just want to earn a little rate difference.
Industry calling for reform? Too slow. Instead of waiting to be repeatedly harvested by this distorted 'rate scythe', we should take the initiative to switch to a track without funding costs, without manipulation, and with rules clearly written on the chain for everyone to see.
Yes, I am talking about @usddio.
Don't think that stablecoins have low returns just because of their stability. Let's do the math: When you are anxious every day about the funding fees that might be harvested against you, what can holding USDD bring you?
#USDD is trusted for its stability; this 'trust' lies in its absolute certainty and fairness.
Zero-fee exploitation: Without long and short speculation, there are no funding fees. The value of your assets is fully supported by publicly available collateral and will not be continuously drained by invisible 'fees'.
Predictable returns: Depositing USDD into transparent and reliable DeFi protocols earns stable and publicly available protocol returns. The annualized rate may not be as exaggerated as 48%, but every penny is real and there are no tricks, allowing for a peaceful sleep at night.
Asset sovereignty: What’s yours is yours, and no centralized exchange can interfere with your assets under the guise of 'risk control' or 'abnormal fees'.
From today onwards, stay away from those altcoins that manipulate prices with exorbitant funding fees. Invest your funds and time in assets like USDD that have transparent rules and solid foundations. With certain rules, you can counter the uncertain scythes. You will find that not gambling can lead to a more stable and farther journey.
