In the cryptocurrency world, there are various ways to make money. Even without trading coins, you can achieve 'lying flat' profits. Today, I will explain in detail how to use stablecoins to achieve stable profits.

1. Focus on Binance bonuses — FDUSD new mining

First, we must pay attention to Binance's biggest bonus, namely FDUSD new mining. We can add FDUSD/USDT to our watchlist and monitor the exchange rate changes over the long term. It can be observed that the exchange rate fluctuates between 0.9980 - 1.0020 for a long time. When there are no Binance mining activities, we can exchange for FDUSD when the rate is close to 0.9980. When Binance mining activities occur, we should deposit FDUSD for mining. At this point, it is essential to calculate the returns. When the exchange rate returns exceed mining returns, we should quickly withdraw FDUSD and exchange for USDT when the rate is above 1.0020. This way, we can earn both mining rewards and profit from the exchange rate difference. Calculating at the minimum profit, each time 10,000 USDT can yield a profit of 40 USDT. If there are no new mining activities, we can deposit stablecoins in Binance's flexible savings, where the annualized return can exceed 5%.

2. Seize the opportunities brought by the stablecoin decoupling crisis

Each time the cryptocurrency market experiences a bull and bear cycle, there is a crisis of stablecoin decoupling of more than 10%. This opportunity must be firmly grasped. In our daily financial management, we usually hold FDUSD most of the time, as it is Binance's own stablecoin and is almost impossible to decouple. Even if a large account makes a sudden move, it will be pulled back instantly; we can verify this by looking at the historical candlestick charts. If USDT or USDC decouples by more than 10 percentage points, we can immediately seize this opportunity and exchange for USDT or USDC. In 2022, USDC once decoupled by over ten points. At that time, Binance's stablecoin was BUSD, and the price of BNB/USDC was 220, while BNB/BUSD was 200. When BNB was at 200, I decisively went all-in on BNB with my BUSD, and when USDC re-pegged, I sold BNB at a price of 240, achieving a profit of over 10 percentage points in one go. Of course, you can also directly exchange for USDC to steadily earn a 10-point profit. (Due to BUSD's delisting, I cannot provide a screenshot here.)


3. On-chain project finance

The third method carries certain risks, so it is essential to conduct research and pay attention to risk control. This involves depositing stablecoins into on-chain projects. Major projects often offer very high interest rates to increase their total locked value (TVL). For example, the recently popular SUI chain, with its leading lending project @navi_protocol. I am quite familiar with this project, which is why I deposited stablecoins there; the long-term interest rate can exceed 5%, and at its peak, it can even reach an annualized 30%. These are all aimed at expanding their ecosystem, subsidized by the SUI Foundation. Of course, there are other better, safer, and higher-yielding projects, but do not venture into projects you do not understand; after all, while you seek others' interest, they may seek your principal.

Finally, and most importantly, it is essential to choose a safe platform for these financial operations. In 2022, Binance's financial management had an annualized return rate of 8%, with a single account limit of 2000 USDT. In contrast, FTX had an annualized return rate of 10% with no limits; many people, lured by the high rate, transferred USDT to FTX, only to see FTX go bankrupt, resulting in total loss for investors. In cryptocurrency finance, safety is always the top priority. Only under the premise of ensuring fund safety can we pursue higher returns.