Binance USD1 Wealth Management Continues to Renewal It can be considered a comfortable cefi this year Previously, we had to guess every month whether the next installment would be renewed, but now the certainty has increased significantly after several installments The latest issue is about dividing 13 million WLFIs, and the event ends on June 12th (blind guessing will continue next month depending on market conditions) Cefi has stabilized, and the gameplay of USD1 on DeFi has also begun to unfold I just saw that @ TownSquarexyz has announced a USD1 liquidity plan worth $100 million, which will run on Ethereum, BNB Chain, and Monad My understanding is that in order to prevent USD1 from being used as dead money and stuffed into financial slavery, it can earn interest, borrow, and leverage The product has approximately three vaults Yield Vaults throw USD1 into passive returns, and retail APY offers 6-10%, which is friendly to lazy people Lending Vaults conservative model with 80% LTV, efficiency model with 95% LTV, choose based on your own risk preference Loop Vaults can play with those who want to leverage, with recursive lending up to approximately 10 times higher It is said that the cross chain segment has connected 20+integrations, with USD1 jumping back and forth between multiple chains, and the liquidity depth can also be sustained I casually flipped through the background and found out that TownSquare had already collaborated with the World Liberty Financial team to transfer USD1 to Monad and received official incentives from the Monad Foundation In the financing list, you can see Monad, a16z, Aptos, Solana Bonk, and the team is from Coinbase, Meta, and Accenture. The official also mentioned that the new round of financing has not been announced yet, so please squat down USD1 is now enjoying the interest on cup renewals on Cefi's Binance platform, while DeFi can come to TownSquare to earn profits and interact easily. Eating two fish at once does not delay any progress But I feel that the gameplay of stablecoins is really getting more and more complicated Official website: https://www.townsq.xyz/