The price of USD1 has now dropped to 1.0004, compared to yesterday's 1.001, so the wear and tear is indeed less.
Exchanges between stablecoins themselves do not charge fees, and this advantage still remains.
This financial activity will end in 24 hours, so it's a bit late to jump in now. However, it's also possible that some people have already started redeeming and gradually participating in the contract.
It's like receiving an airdrop every day, but you need to weigh the risks and rewards yourself.
In my opinion, it might be more prudent to jump in two or three days earlier.
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GasFeeVictim
· 01-08 22:47
Oh no, it dropped again. The wear and tear rate is really impressive. If this keeps up, stablecoins might not be so stable either.
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TokenTherapist
· 01-07 06:30
Is wear and tear really worth paying attention to? Honestly, that's a bit of over-optimization.
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TheShibaWhisperer
· 01-06 03:52
The stablecoin burn has decreased again, but speaking of which, if it's only for 24 hours, what's the point of playing? I should have gotten in two days earlier.
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OnChainDetective
· 01-06 03:51
Wait, dropping from 1.001 to 1.0004? There must be big players quietly adjusting their positions behind the scenes. Did the on-chain data show any abnormal transfers? The 0.0006 fluctuation doesn't seem significant, but upon closer inspection, it's terrifying...
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PerennialLeek
· 01-06 03:34
Haha, the wear and tear is still bleeding, and this stablecoin isn't very stable either.
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CodeZeroBasis
· 01-06 03:33
Such minimal wear? I still feel it's not really worth it, just this little profit, going back and forth.
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MevHunter
· 01-06 03:27
Wear drops from 1.001 to 1.0004; this slight improvement is really not worth mentioning... It's better to get on board earlier for more tangible benefits.
The price of USD1 has now dropped to 1.0004, compared to yesterday's 1.001, so the wear and tear is indeed less.
Exchanges between stablecoins themselves do not charge fees, and this advantage still remains.
This financial activity will end in 24 hours, so it's a bit late to jump in now. However, it's also possible that some people have already started redeeming and gradually participating in the contract.
It's like receiving an airdrop every day, but you need to weigh the risks and rewards yourself.
In my opinion, it might be more prudent to jump in two or three days earlier.