CZ reposts a Chinese post comparing Binance's USDC campaign yield with a bank fixed deposit
Original: CZ reposts a Chinese post comparing Binance's USDC campaign yield with a bank fixed deposit AI translation
RT @UnicornBitcoin: Participating in this Binance activity and depositing for 20 days is equivalent to a fixed deposit in a bank. Depositing 1 million RMB in a bank fixed deposit for 8 months gives 9500 yuan interest per year. Similarly, converting 1 million into U and putting it into Binance for 20 days earns 6300 yuan, and the money can be withdrawn at any time. USDC annual percentage yield is 11.5%, it is flexible, not fixed. For VIP 4 and above, the first 300,000 U are all 11.5%; VIP 1 to 3 are 11%; regular users are 10.5%. For less than 50,000, USDT, RWUSD, and BFUSD at 10% can also be included, and the quotas are calculated separately. Deadline is November 22, 07:59. You must make a subscription first to activate; the portion redeemed on the same day does not earn interest.
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