Just one day, and the annualized rate for USD1 is almost down to 10%? Binance currently has nearly 3.6 billion USD1. Assuming all are kept in contract accounts earning a 1.2x bonus, that can be considered as 4.32 billion USD1. With a monthly profit of 40 million USD, 40 million / 4.32 billion * 12 = 11.1%. I should be right, right? The annualized rate is dropping too fast😂
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Just one day, and the annualized rate for USD1 is almost down to 10%? Binance currently has nearly 3.6 billion USD1. Assuming all are kept in contract accounts earning a 1.2x bonus, that can be considered as 4.32 billion USD1. With a monthly profit of 40 million USD, 40 million / 4.32 billion * 12 = 11.1%. I should be right, right? The annualized rate is dropping too fast😂