The most talked-about event recently in the circle is the official launch of Chain Genesis, followed by World Liberty Fi jumping directly to #Aster to start making moves.

I looked through the messages they sent, and this time it feels different. It’s not the usual routine; it’s more like playing a game of chess, with spot trading, contracts, incentives, and collateral all intertwined. Moreover, USD1's integration this time with Aster essentially revolves around three key points:

🔸 Trade to earn $WLFI rewards:

Now, trading perpetual contracts like BTC/USD1, ETH/USD1, and SOL/USD1, there are 2.5 million $WLFI tokens available each month for distribution. I took a special look, and the rewards are distributed weekly, so you don’t have to wait several months like with some projects to see any action. It is said that there will be more than a dozen trading pairs added later, so those interested can keep an eye on it.

🔸 Holding also brings profits:

If you don’t want to deal with contracts and just hold USD1 on Aster, you can still join their incentive program, earning rewards daily based on your holding proportion. I think this is quite clever, turning stablecoins into something that can earn interest, which is indeed attractive for those who don’t want to operate frequently and just want to hold without devaluation.

🔸 The fees are indeed low to a harsh degree:

The Taker fee for the USD1 trading pair is only 0.5 bps, while the Maker fee is directly 0, and the Taker fee for USDT pairs is 4 bps. You can calculate the difference yourself. More importantly, USD1 can now be used as margin, with permissions on par with USDT, indicating that the platform is genuinely pushing it seriously.

In summary, this time the appearance of #USD1 on Aster feels more like the beginning of a deeply integrated ecosystem. It attempts to establish USD1 as the gold standard asset on the Aster chain through a combination of low thresholds (low fees), high returns (WLFI incentives), and multifunctionality (collateralizable, interest-earning).

If you have USD1 on hand or are preparing to enter the market, now is a good observation window. After all, early participation often comes with higher potential returns.

Of course, as always, the above is just my personal analysis and interpretation, not investment advice. Make sure to do your homework #DYOR before entering and understand the risks.