The bear market financial diary is very concerned about the USD1 cup renewal issue, and now we have a conclusion - it's up! Event Time: 3/20-4/17 Total prize pool: A total of 135 million WLFI tokens, with 33.75 million issued per week ◦ Distribution frequency: distributed before 02:00 every Saturday Reward Bonus: USD1 used as collateral in Binance contracts/leveraged accounts can enjoy a 1.2x bonus Return rate: depends on the proportion of the balance to the total balance of all eligible users, currently estimated to be around 5-6%, with the advantage of unlimited amount ◦ Snapshot rule: Binance will take multiple snapshots per hour, and the lowest USD1 balance of the day will be taken as the "eligible balance" for reward calculation For USD1 obtained through borrowing other stablecoins, it should be noted that a 70% value discount will be given after deducting other stablecoin liabilities. —— In addition, WLFI has also extended the event venue to the Aster platform Aster has launched multiple USD1 trading pairs including BTC, ETH, SOL, etc., and allows USD1 as margin. Aster distributes 2.5 million WLFI tokens as rewards every month to traders on Aster. In addition, users who hold USD1 on Aster will also receive rewards. In terms of transaction fees, Aster also provided a significant discount to stimulate it, with a maker fee of 0 and a taker fee of 0.5 bps. —— For WLFI/USD1, whether it is cooperating with Binance or Aster, it is serving the growth goals of USD1, establishing more application scenarios, and enabling more people to hold USD1. Stablecoins are really a good business that can sustain long-term operations.