Anyone else notice FDUSD doing a little happy dance before and during Binance Launchpool farming periods?
Remember back in March? When Binance announced its 50th Launchpool shindig, $ENA , FDUSD price boogied up to a cool 1.0082 USD per token, that's a sweet 0.82% shift in just 4 days!
Fast forward to April 4th! Binance throws another Launchpool party, and guess what? FDUSD starts shimmying again, hitting a peak of 1.0078 USD per token (a 0.78% move). Sounds small, right? Think again!
Here's the kicker: That's just for a 4-day stint! Annualize that sweet yield, and you're looking at a potential rocketship ride of over 70%! Way better than just snoozing your FDUSD away in Earn at a measly 7.59% p.a. (that's like 0.086% for 4 days).
So, the next time Binance throws a Launchpool party, keep an eye on FDUSD! It might just bust out its best dance moves... and line your pockets!
#FDUSD #Stablecoins