💥 HBAR price nears breakout as inverse head and shoulders pattern forms
HBAR price is consolidating below key resistance as an inverse head and shoulders pattern develops, signaling a potential bullish breakout if the neckline resistance is cleared with volume.
HBAR ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
it's good project 👍
BlackRock's tokenized fund, BUIDL, generates and distributes low-risk yields as follows:
✨Yield Source: 100% of the fund consists of short-term US Treasury bonds (T-bills), repurchase agreements, and cash equivalents → The base yield is tied to the Fed interest rate (currently around ~3.5-4.5%), with a net APY of ~3.4-4% after deducting management fees (7-day APY ~3.4%).
✨Daily Accrual: Interest is calculated daily (daily accrued dividends) – tracked off-chain, but reflected on-chain. Distribution Method – Rebase Mechanism: Yield is airdropped monthly into wallets as new BUIDL tokens (token issuance/rebasing). This ensures the token price always remains stable at $1.00 – the token supply increases instead of the price! Advantage: Ideal as a collateral in DeFi (no volatility, low liquidation risk), composable, and usable like "Lego". In other words: Classic MMF yield + blockchain efficiency + stable price + automatic reinvest! The cleanest model for bringing TradFi yield to DeFi.
#BlackRockToBuyUNI
#我在Gate广场过新年