2025-12-25 02:26:13

A recent stablecoin wealth management product launched by a leading exchange has become popular, with the community buzzing about "18% annualized return" and "earn passively without risk." Curious, I looked into the rules and found more and more things didn't add up.

After doing the math, I realized that the purchase fee plus the discount loss on redemption within a week completely ate up all the interest earned. And the entire activity cycle is only 45 days. This means that short-term entry and exit are purely futile efforts; over a full cycle, the actual annualized return would be cut in half.

Among the overwhelming "Go, go, go" voices, few people are willing to do the detailed calculations. Beneath the attractive packaging of high returns, there are hidden layers of unseen cost traps.

This reminded me of my experience in a certain stablecoin ecosystem. There, there are no gimmicks like limited-time activities, no hidden wear and tear from buying and redeeming, and the profit logic is clearly written on the blockchain. There are no frustrating designs like "wasted effort in the first week." From the very first day of depositing, every bit of interest earned is real.

After spending a long time in the crypto space, I understand that most of those hyped short-term high yields are illusions. Once you get in, you find transaction fees and mechanism costs everywhere. Truly reliable value growth should be transparent in fees and free of hidden traps—allowing investors to clearly see exactly how each cent of their earnings is generated.

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.

9 Likes

Reward
9
6
Repost
Share

Comment

0/400

LiquidationTherapist

· 8h ago

An annualized 18% return is obviously suspicious. I've long been too lazy to touch this kind of product. Hidden fees pile up, and after calculations, it's a huge loss. It's better to put your money somewhere safe. I've seen this scam too many times; the ones who get hurt are always the later investors.

View OriginalReply0

OnlyOnMainnet

· 8h ago

It's the same old trick again; I've seen too many cases where fees eat up the interest. A week of wasted effort—this kind of trap design is truly clever. Transparency on the blockchain is the real way; everything else is just packaging. An 18% annualized rate—just listen and laugh when you do the math. That's why I only play with on-chain protocols; avoiding hidden costs makes me feel secure.

View OriginalReply0

bridgeOops

· 8h ago

It's the same old trick, the fees eat up everything right away. Really, these products look like they have high annualized returns, but in reality, what you get is like a bargain price. In just a week, the fees wipe out the interest completely. Who else dares to short-term trade? I've also encountered this before, with clear on-chain records showing no tricks involved—that's what I call comfortable. The chat is all about "Go go go," but doesn't anyone calculate this mess?

View OriginalReply0

CexIsBad

· 8h ago

I've seen this trick too many times, a week's fees eat up all the profits --- Annualized 18%? Haha, accounting for those hidden fees, it’s not even half --- It's the same old deceptive trick, no matter how pretty the packaging, it can't change the essence of cutting leeks --- Really, a transparent ecosystem is the way to go; clear logic on the chain is refreshing --- I've fallen into this trap too, but I woke up pretty early, right? --- A 45-day cycle losing a week's fees, this exchange really knows how to do the math --- Those rushing people probably didn't do the math, so drunk... --- This fee trap, anyone who touches it will be unlucky; I won't trust these limited-time activities anymore --- Seeing clearly how the profits are generated is the right way to manage finances; everything else is虚的 --- There are a bunch of people in the community shouting along, doesn't anyone see the rules clearly?

View OriginalReply0

DeFiVeteran

· 8h ago

Oh no, it's the same old trick, the fees eat everything up --- Have you done the math? One week of interest is wiped out by fees, as if you didn't buy anything --- 18% annualized? After deducting fees and discount charges, it's less than 9%, still dare to boast --- That's why I only deal with transparent on-chain projects, the invisible cost killers --- The "promotions" of top exchanges are the deepest tricks; they seem profitable but are actually losing money --- Last week was a wasted effort... Haha, a classic design, just afraid you'll do the math --- Real good returns should be clearly written on-chain, no room for debate --- I've fallen into this trap too, now I focus solely on the transparent mechanism stablecoin ecosystem --- The dream of 18%, the awakening from fees, how many times has this story been told --- This combo punch from exchanges, with buy-in and redemption double kills, is brilliant

View OriginalReply0

PumpBeforeRug

· 8h ago

It's just another trick—charging fees to eat up the interest. I've seen this routine many times. Truly valuable products don't need such flowery words; on-chain data speaks for itself. Annualized 18%? Ha, after fees, only 9% remains. You have to ask yourself if it's worth it.

View OriginalReply0