Binance has listed RE and added the USD1 trading pair – here’s a quick note.
@re is a long‑awaited airdrop bonanza, but honestly I didn’t take part. Early airdrops suit DeFi whales and big players who collect points; retail users only get a bit of fun buying YT.
✅ S2 points are underway, DeFi yields are quite high at 6.1%+, and the project is on Binance. The second‑phase airdrop is worth checking out.
Brief intro: RE is an insurance‑yield RWA project. Its business model connects on‑chain capital to U.S. insurance/re‑insurance underwriting revenue – a niche compared with typical US Treasuries or gold. I think the project is still early; you can ride the hype, but long‑term RWA holders should watch and wait.
🔹 Risks & opportunities: trading on #Binance, price today is 0.7. The short‑term turnover is extreme – 24h volume $262.9M while RE’s circulating market cap is only $109.1M, giving a volume‑to‑market‑cap ratio of about 2.4×. Good depth for short‑term speculation.
🔸 Contract note: funding rate 10%, normal, no obvious liquidation opportunity right now.
🔴 Finally, a crucial tip for brothers farming USD1 on Binance:
Starting today, in a Binance futures or margin account holding USD1, you must keep at least 300 USD1 of open‑interest on the USD1 contract each day to earn a 1.2× annualized return.
My advice: farm USD1 safely – open a 300‑USD contract on Binance, then hedge with a reverse position on a DEX, collect steady interest, and avoid futures gambling.
For more on RE, see Binance’s announcement: https://t.co/J1aOg49Ah5
Wishing everyone stable profits, surviving the bear market and getting rich in the bull run.
