Binance launches BFUSD, sparking interest and controversy! 🎉 From November 27 to December 26, the exchange offers traders a chance to earn up to 38% annual interest with no fees for purchasing the token and sharing a 100,000 USDT bonus APY. BFUSD can be exchanged for USDT at a 1:1 ratio, and income is generated through staking and hedging.

Despite the attractive conditions, market participants are skeptical about the reliability of BFUSD, recalling TerraUSD. Binance assures that the yield will not drop below zero, but caution is advisable. 🤔