USD1 supply data reflects wlfi's strategy of [subsidizing to quickly capture the market first and then consolidate demand], which has shown initial results: 1⃣ By offering deposit interest rate subsidies of over 10% APY for several consecutive months, attracting funds into the market, the USD1 supply reached a peak of $5.37B in February. →[High interest rates first attract funds] 2⃣ Afterwards, as subsidies decreased, deposit interest rates fell to 6% APY

USD1-0.02%
WLFI1.68%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin