🔸 Binance has unveiled BFUSD, a "reward-generating margin asset" designed to provide passive income through holding or trading futures with it.

🙂Base APY is credited daily to BFUSD holders, even without futures trading. Rewards increase when used as margin for futures trading.

🙂Historical data shows Base APY for BFUSD ranged from 12% to over 35% between November 20–25.

🙂Income is generated via delta-neutral positions in futures and staking assets like ETH, alongside mechanisms such as Ethena's USDe.

A Binance representative clarified that BFUSD is "not a stablecoin," as it cannot be withdrawn from Binance Futures accounts or traded on the open market.