The USDC mining funds for NIL mining of Binance New Coin in this period increased by 816 million coins compared to the previous period, an increase of 41.4%! 😲 It seems that major investors in this market tend to buy wealth management, and the USDC with only three days and an annualized return of 13.2% in Launchpool is simply too popular. You can compare a few data points to feel it 🔸 Binance USDC Current Wealth Management Annual Interest Rate 0.76% (>5000 USDC) 🔹 The SuperUSDC APY with the highest aging rate in Pendle's USDC PT is 12.82%, and the maturity date is April 17, 2025 🔸 The highest MEV Capital Usual USDC with on-demand APY in Morpho is only 9.89% The USDC staking pool for Binance's new coin mining has cumulatively rewarded 3.5 million NILs (10% of the total reward pool). Based on the Bybit NIL pre-market price of 0.8654, it is estimated that for every 10000 USDCs mined, tokens equivalent to 10.8 USD can be mined, with an annualized rate of approximately 13.2%. This is indeed a flash sale of wealth management income 😎 The mining ended at 8 o'clock this morning and will officially start trading at 9 o'clock in the evening. There were no pre market trades for this period haha; If you are not familiar with the Nillion (@ nillionnetwork) project itself, you can review my previous tweets 👉 https://(x.com)/ai_9684xtpa/status/1851622673262186939 As a well-established project that integrates several popular concepts such as "AI+Depin+L1+Privacy", the estimated FDV based on pre-market prices is $865 million, with an online market value of $169 million. I hope it can withstand the current market situation; Previously, NIL had some controversy in the community due to airdrop distribution issues. At least in the end, the team listened to the community's opinions and made adjustments. We hope tonight will be a night of harvest~