Did binance change how it represents Liquid Swap interest rates?

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After the last client update, all APY’s are below 12%.

BSW/USDT was 69% last week or so, now it shows as 5.78%.

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What happened?

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Posted in Binance Reddit

1 Comments

  1. Shot-Introduction-60 on 24. June 2022 at 13:44

    Never trust any “stablecoin”. 4 weeks ago i wanned to put my saving to staking on binance. UST was promoted by binance and it had 21% APY. I bought 5400 UST(5400$). After a few days UST depagged and lost all my money… now my 5400UST is 105$.
    So never trust any “stabelcoin”
    Binance now deleted oll the tweets where they promoted UST “safe & fiat backed”