2026-01-15 10:20:46

Recently, many people have started selling $USD1 because $U is newly listed. They run at the first sign of a discount, which is quite a pity. Let's do a simple calculation to understand.

Here's the scenario: a 20% annualized return financial product, one-month cycle, purchase price 0.9997, current price 0.9996, maturing on January 24th. How to calculate? The monthly return is approximately 1.6%, which is enough to cover the less than 0.1% discount and still have a surplus.

The real risk threshold to watch out for is around 0.984—meaning, as long as the stablecoin doesn't significantly de-peg, the position remains profitable. Currently, there are no bad news indicating any de-peg for USD1.

The most prudent approach is to hold until maturity or act only the day before. If an exchange can offer a second cycle of 20% financial products, it would be a perfect fit.

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.

20 Likes

Reward
20
10
Repost
Share

Comment

0/400

BlindBoxVictim

· 01-18 06:58

Damn, it's the same old trick of cutting the leeks again. 1.6% return can offset a 0.1% discount? Did the math teacher teach you that?

View OriginalReply0

OldLeekMaster

· 01-18 06:57

Well, the accounting logic does hold up, but once it actually de-anchors, it's really uncertain. A discount of only 0.1% and rushing to sell, that's a bit too panicked. Wait, is the relay in the second cycle reliable, or are we back to queuing for quotas? A 20% yield sounds great, but I'm just worried that one day the exchange might say stop and pause it.

View OriginalReply0

PerennialLeek

· 01-17 20:42

Oh man, these people really get weak knees at the slightest dip. Why not just hold until maturity? A 0.1% discount causes panic, but a 1.6% annualized return easily outperforms. The numbers don't lie. Stablecoins should just be held steadily; chasing that 0.1% fluctuation—what's the point? It's still okay to act the day before maturity. Why rush? 0.984 is the real risk threshold. We're nowhere near it now. What's there to panic about? Perfectly transitioning into the second cycle is the way to profit. That's what it means to be a pro.

View OriginalReply0

MoonBoi42

· 01-15 23:40

I have to say, these people who panic and run at the first sign of a discount are really wasting their time. A 1.6% monthly return can't even cover a 0.1% discount? Can't even do basic math, haha.

View OriginalReply0

DegenTherapist

· 01-15 10:49

Oh no, someone was scared away by the discount again. I really can't hold it anymore. Isn't a 1.6% monthly return attractive? Yet people still chase that 0.U, greed is never satisfied, like a snake swallowing an elephant. As long as you don't de-anchor to 0.984, just sit back and count your money. Why do some people turn around and run away?

View OriginalReply0

MysteryBoxOpener

· 01-15 10:48

Are all the discounts running away? What's this guy so anxious about? Can't even grasp a 1.6% monthly yield?

View OriginalReply0

BlockchainBard

· 01-15 10:41

Oops, that's an overreaction, seriously. Running away just because of a 0.1% loss, and then you still have to pay slippage fees on top of it. That's a losing proposition.

View OriginalReply0

SmartContractRebel

· 01-15 10:40

A 20% annualized return is really tempting, but many people panic when they see the discount. Actually, there's no need to worry at all. That said, a 1.6% monthly return can indeed cover this discount; mathematically, there's no problem. Acting only on the day before maturity is brilliant, but I'm just worried that some people might not see through this logic and get scared away. Wait, how is this 0.984 risk threshold calculated? Has anyone done the math? Perfectly connecting to the second cycle? If it can really be linked up, it would be a huge profit, but it depends on whether the exchange cooperates. It's really a test of patience; most people just can't hold their nerve. Honestly, since there's no news of de-pegging yet, I think holding onto it is fine. I'm quite impressed with those who can hold steady—much better than chasing after hot trends.

View OriginalReply0

FOMOSapien

· 01-15 10:29

Don't rush to sell off, a 1.6% monthly yield is enough to fill the pit. Just wait until maturity to collect the returns. Simple logic.

View OriginalReply0

BridgeJumper

· 01-15 10:24

Looking at the data, such a small discount is not enough to be afraid of; the monthly interest has been recovered. However, some people were indeed scared away, which is a pity.

View OriginalReply0