The USD1 stablecoin still has a limit of $50,000, with an annualized yield of 20%. What does this indicate? Is the market still skeptical about it, fearing some unexpected issue? Or is the overall market not performing well, so no one is taking advantage of such high returns? It's already like this, yet there are still such a large limit sitting there😂 It's quite interesting.
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ChainMemeDealer
· 23h ago
Nobody wants 20% annualized returns; how terrible is this market?
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PumpBeforeRug
· 12-29 05:50
Haha, the market is so bad that nobody wants even 20% returns. How miserable is that?
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0xTherapist
· 12-29 05:40
I think this is a typical trust crisis. Who would dare to touch it?
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HashBard
· 12-29 05:34
ngl the 20% apy just sitting there untouched is giving major "nobody trusts this yet" energy... either usd1 has some skeleton in the closet or the whole market's just too tired rn to even care about free money lol
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pumpamentalist
· 12-29 05:29
Nobody wants an annualized 20%, which shows everyone is aware of the situation.
The USD1 stablecoin still has a limit of $50,000, with an annualized yield of 20%. What does this indicate? Is the market still skeptical about it, fearing some unexpected issue? Or is the overall market not performing well, so no one is taking advantage of such high returns? It's already like this, yet there are still such a large limit sitting there😂 It's quite interesting.