FDUSD volatily

[target]

How is FDUSD diffirent from BUSD that US government will not attack binance again because of FDUSD?

Since this FDUSD will be the ones to replaced BUSD when its phased out,  traders might as well use this one already for cheaper fees.

I've read the withdrawal fee is just 0.09USD compared to BUSD which is 0.50USD on exchanges. Sounds perfect for a user to use when doing P2P.

[JISAN]

Thanks for the explanations, guys.
But in practice the biggest growth of FDUSD is ALWAYS coming from the Launchpool. Since you can stake FDUSD when launchpool is announced users are buying FDUSD to stake it and it brings the price above 1.0030+.

I agree, I think that after banning BUSD, Binance is trying to make a strong return to the stablecoin market and the best way to do that is Binance Launchpool, as their strategy aims to reduce dependence on USDT and promote FDUSD, so by using this strategy you profit about $15 for every $1,000 invested, but on the other hand, FDUSD You gain more liquidity and grow, and after it becomes big enough Binance will stop giving you these easy profits.
Staking FDUSD may be profitable, but believe me, all similar experiments ended in something bad.

Binance is officially supporting FDUSD and promoting it to their Launchpool.  However, as it is a new stablecoin, investors cannot yet trust it like USDT. Because of this, a large part of those who join Binance Launchpool with FDUSD are selling their FDUSD after the Launchpool is over, so FDUSD appears to be somewhat volatile. Gradually this volatility seems to disappear as investors start to trust it and liquidity increases.

[Manna]

I am analyzing the FDUSD volatily and I can see that it always goes up to 1.0030+ when there is a launchpool announced and then dips to 0.9980 areas when it's finished.
 
However, there seem to be other factors that make it go up and down.
 
Since BTC/FDUSD is fee free and BTC/USDT is not, my assumption that perhaps has to do with users accumulating FDUSD for some reason to buy BTC later or leverage it or something like that. But that's just an assumption.
 
Did anyone make a decent research on the topic? 
Couldn't find anything useful on Google about it.

To see your interest in FDUSD volatility and its price movement pattern.   FDUSD price is likely to rise above 1.0030 during the launchpool answer and then start around 0.9980, which could result in traders using the price increase and later to profit from the launchpool.

  FDUS & BTC – One aspect of your freedom of transaction fees.   Such fee-free transactions may be better for users, who are using FDUSD to purchase BTC and subsequently want to benefit from active remittances.   This may be due to the convenience of fee-free transactions, which may impact turnover and trading activities.

[MUGNIA]

FDUSD is a stable coin of Binance. they delisted BUSD and started pushing FDUSD again. They are keeping FDUSD in addition to BNB staking in their lancepool.  However, it has not yet become strongly stable like USDT or USDC. But since there is a profit behind it, they will do enough work and take various steps to position themselves well. And it is expected to become strongly stable after some time

You are actually right when the money laundering case against Binance came up, they were in trouble with the BUSD stable coin and later they ditched BUSD completely to avoid the money laundering case and launched this FDUSD now.  But I see it sometimes up and down by few cents which is not convenient for stubble coin holders or users.  So if you want to participate in the lunchpool, it is better to hold only these FDUSD coins and later convert them back to USDT.

If it continues to be used as a Launchpad requirement to be able to participate and get prizes, I don't think it will take long for FUSDT to be the same as BUSD, even though there is often a decrease if the exchange to USDT is not 1:1, I think the comparison is reasonable because BUSD used to be like that too

[|MINER|]

If it continues to be used as a Launchpad requirement to be able to participate and get prizes, I don't think it will take long for FUSDT to be the same as BUSD, even though there is often a decrease if the exchange to USDT is not 1:1, I think the comparison is reasonable because BUSD used to be like that too

I will also say the same thing like if you or anyone want participate on the Binance launch pool pad then I think peoples can hold their assets on the Binance. But after the end of laucnpool pad I think it would be also a good idea to not hold the FDUSD and if they want to hold the fund stable they can hold it on USDT I believe the USDT more than the FDUSD.

Recently they have two on going Launchpool DOGS and the TON  DOGs is only for the 3days and the TON is for the 20days. I think it was also a opportunity to earn some little money.

[erus]

~snip~

I think it's still reasonable because the decline is not too far, only around 0.00001 unless those who have billions of assets will feel the decline and increase in their assets. I don't have that much assets and I'm still relaxed, OP also wrote the word "Launchpool" with high effect of FDUSD, is it related to famous exchanges like Binance, Bybit etc?

[|MINER|]

~snip~

I think it's still reasonable because the decline is not too far, only around 0.00001 unless those who have billions of assets will feel the decline and increase in their assets. I don't have that much assets and I'm still relaxed, OP also wrote the word "Launchpool" with high effect of FDUSD, is it related to famous exchanges like Binance, Bybit etc?

I think you are mentioning the wrong because if you see the chart of today's price drop of FDUSD then you find it is currently show -0.09% down and some times it also goes to the ups. I think for the stable coin this is also a big issue because I see most of the peoples who want to hold the stable fund most of the case they have large amount on that.

Suppose you have 2000 dollar and you made this to FDUSD when the price of the FDUSD  on 1dollar but currently it is on the 1,997.8 in some case it more to 15 to 20 dollar I think this is a weak side.

[erus]

~snip~

I think it's still reasonable because the decline is not too far, only around 0.00001 unless those who have billions of assets will feel the decline and increase in their assets. I don't have that much assets and I'm still relaxed, OP also wrote the word "Launchpool" with high effect of FDUSD, is it related to famous exchanges like Binance, Bybit etc?

I think you are mentioning the wrong because if you see the chart of today's price drop of FDUSD then you find it is currently show -0.09% down and some times it also goes to the ups. I think for the stable coin this is also a big issue because I see most of the peoples who want to hold the stable fund most of the case they have large amount on that.
~snip~

Yes, I mean the decline in the price of this stable coin is not more than 0.09% for the minus, so the estimated decrease in USD is also not too big. I also did not say that the decline in the price of FDUSD is not more minus than -1 2 3 10 or 20%. If only the minus is around -0.09% it is still considered safe because the decline in assets is also not too far. Cmiiw

[B.Trader]

You describe it as volatily, but this is how stablecoins work. Stablecoins try to maintain a pegged value, which is $1, but the type of security they support, the demand, supply, and liquidity of the market is what makes it always difficult to get a price of $1, but rather a price range near $1. The narrower this price range is around $1, the more stable the currency is.



This article is good for understanding what I mean ----> https://members.delphidigital.io/reports/your-guide-to-the-collateralized-stablecoin-landscape#stability-and-preference

While stablecoins aim to maintain a value of $1, various factors such as the underlying collateral, market demand and supply, and liquidity can cause fluctuations around this target. The narrower the price range is around $1, the more effectively the stablecoin is maintaining its peg. The stability of these coins depends largely on the mechanisms they use, such as being backed by fiat currency

[Stompix]

How is FDUSD diffirent from BUSD that US government will not attack binance again because of FDUSD?.

BUSD was issued by Paxos, it's a NY-based company that had no license to issue a security, because it's a stable coin with determined value not a fluctuating crypto.
FDUSD is issued by First Digital Labs, a company based in Hong Kong, the US doesn't care as long as it doesn't issue the token directly to US customers.

If they would they would have banned FDL from accessing US Treasury notes, the main thing that backs the value of FDUSD, and they didn't do a a thing.

[|MINER|]

Yes, I mean the decline in the price of this stable coin is not more than 0.09% for the minus, so the estimated decrease in USD is also not too big. I also did not say that the decline in the price of FDUSD is not more minus than -1 2 3 10 or 20%. If only the minus is around -0.09% it is still considered safe because the decline in assets is also not too far. Cmiiw

You have mentioned that the FDUSD not decline too much and mention hat 0.00001 and this is not the right. And you said again wrong I will can't agree with your opinion that the volatile rate of about -0.09% is considered in case of a stable coin.
Because in the long fund this will because a issue and the volatile rate goes above -0.09% some time you will see that if you explore the chart. I have lost about 50$ on staking for binance launchpool that is what I am saying.

[erus]

Yes, I mean the decline in the price of this stable coin is not more than 0.09% for the minus, so the estimated decrease in USD is also not too big. I also did not say that the decline in the price of FDUSD is not more minus than -1 2 3 10 or 20%. If only the minus is around -0.09% it is still considered safe because the decline in assets is also not too far. Cmiiw

You have mentioned that the FDUSD not decline too much and mention hat 0.00001 and this is not the right. And you said again wrong I will can't agree with your opinion that the volatile rate of about -0.09% is considered in case of a stable coin.
Because in the long fund this will because a issue and the volatile rate goes above -0.09% some time you will see that if you explore the chart.

Thank for your informations , this will make me pinned in my head because this is new knowledge for me.

I have lost about 50$ on staking for binance launchpool that is what I am saying.

Rellay? what project your following in Launchpool event? and how much USD you investing untill you lost almost -$50?

[|MINER|]

Yes, I mean the decline in the price of this stable coin is not more than 0.09% for the minus, so the estimated decrease in USD is also not too big. I also did not say that the decline in the price of FDUSD is not more minus than -1 2 3 10 or 20%. If only the minus is around -0.09% it is still considered safe because the decline in assets is also not too far. Cmiiw

You have mentioned that the FDUSD not decline too much and mention hat 0.00001 and this is not the right. And you said again wrong I will can't agree with your opinion that the volatile rate of about -0.09% is considered in case of a stable coin.
Because in the long fund this will because a issue and the volatile rate goes above -0.09% some time you will see that if you explore the chart.

Thank for your informations , this will make me pinned in my head because this is new knowledge for me.

The knowledge and idea is old and it is also natural that newbies will have these knowledge new in their head. Glad to know that it's make pinned in your head. 

Rellay? what project your following in Launchpool event? and how much USD you investing untill you lost almost -$50?

It is nothing matter of the which project I have following the launchpool event. I looked at the value of my assets what I invest in FDUSD and I found the asset value was decreased 50USDT. I wasn't good to share the amount of invest because of privacy even I am sharing that I have done 5K USDT to 5k FDUSD and when I convert them to USDT I found 50$ less. I give this excluding the profits of Launchpool.

[erus]

It is nothing matter of the which project I have following the launchpool event. I looked at the value of my assets what I invest in FDUSD and I found the asset value was decreased 50USDT. I wasn't good to share the amount of invest because of privacy even I am sharing that I have done 5K USDT to 5k FDUSD and when I convert them to USDT I found 50$ less. I give this excluding the profits of Launchpool.

Thank you , im beside with you
Oh my God , your investment so very huge , 5k FDUSD is so much for me!   And if 5k FDUSD convert USDT to be $4950 this same thing like as -1% , right? Your investment should be profit maybe up to 1% ++ but this positions your FDUSD lost of -1% (if converting). This is a trap of event launchpool or what?

[|MINER|]

Thank you , im beside with you
Oh my God , your investment so very huge , 5k FDUSD is so much for me!   And if 5k FDUSD convert USDT to be $4950 this same thing like as -1% , right? Your investment should be profit maybe up to 1% ++ but this positions your FDUSD lost of -1% (if converting). This is a trap of event launchpool or what?

5k isn't big amount when you are connected with a sector for a long-time and actually it was a part of my savings what is separate for the stable fund on crypto. But I was looking for the best option to holding it and generate some extra money via it first of all I want go for USDT flexible staking but it didn't work for long time because the APR percentage was decreased to very low.

Then I go for this FDUSD staking on the binance laucnhpool but look FDUSD have the good volatility as a stablecoin like in march month it was on 1.0078 and now it is on 0.9992 in case of stable coin we can't ignore a single cents. But I am excluding the reward I am counting the savings.