$U The Binance wallet staking is online, launching a large-scale event reward, with a total prize pool of 2 million $U, distributing 800,000 $U in the first 7 days, supporting both Venus and Lista protocols, with a maximum APY of 20%.

$U is the native stablecoin strongly promoted by BNB Chain, issued by Utech Stables, aiming to become the main stablecoin infrastructure on BNB Chain. Currently, it has a market value of about 709 million dollars (DefiLlama ranks it 16th among stablecoins).

From the breakdown of @BiteyeCN , it can be seen that this 20% APY is a release of resources from Binance, Huobi, Venus, and Lista. $U has already obtained 10 trading pairs from Binance, and with zero transaction fees for $U, it can be seen that Binance deeply supports this stablecoin.

In the past, $U was often a token sold immediately after trading; now, through staking in the Binance wallet and the Venus/Lista pools, it allows holding to earn interest. This encourages everyone to keep their $U.

🚀 Current participation methods:

1. The most basic and simple:

Exchange USDT/USDC for $U on Binance Spot (currently with no transaction fees), then deposit $U into the event Venus/Lista in the Binance wallet and earn 15%+ APY while lying back.

2. Advanced version that allows profit without selling tokens (with two options: BNB or USDC):

👉 Have BNB → Lista CDP collateralize BNB to borrow $U → then deposit into the event pool (net APY around 15%)

👉 Have USDC → Venus collateralize USDC to borrow $U → deposit into the event pool (no exchange loss)

The event will distribute the 2 million prize pool densely in the first 7 days, and speed is essential!

The event's 2 million prize pool, with 800,000 distributed in 7 days at high density, shows that $U aims to boost volume in the short term, and early participants have a chance to benefit from subsequent bonuses in the second phase.

For those looking to boost their earnings in the new year, now is the best time to get on board! Have you tried it?

⚠️ Risk Warning: Stablecoins still have decoupling risks, and DeFi staking has smart contract risks; please test with small amounts and DYOR, and stay updated with official announcements.