Lazy Man's Financial Guide｜Latest Calculation of Binance USD1 Airdrop Yield; OpenEden Launches New 26.4% APY Pool (January 26)
This article provides an overview of several low-risk, stablecoin-focused yield opportunities as of January 26th.
The most prominent opportunity discussed is the Binance USD1 airdrop campaign, running from January 23rd to February 20th with a $40 million prize pool in WLFI tokens. The author calculates that the average annualized yield is likely to dilute quickly to around 8-10% due to the rapid increase in USD1's supply on the exchange.
Three on-chain strategies are highlighted:
1. **ListaDAO U/USDT LP Incentive:** A partnership with Binance Wallet offering a 21.29% APY for providing liquidity to a U/USDT pool on BSC, incentivized with 240,000 LISTA tokens until February 9th.
2. **OpenEden PRISM Pre-Deposit:** A pre-launch deposit window for a new tokenized yield product (PRISM). It offers a current real-time APY of 26.4% from extra EDEN token incentives, with a $50 million cap.
3. **Buidlpad Vault (Phase 2):** A fixed 8% APY product on Ethereum and BSC for ETH, BNB, and USDT, with a $20 million cap that was nearly full at the time of writing.
marsbit01/26 07:49
