Binance is about to launch a new product BFUSD, officially online on November 27! 🎉 This yield-generating margin asset promises an annualized return that will never be lower than zero, allowing users to earn passive income through holding or contract trading.
BFUSD holders will enjoy a daily calculated base annualized return, allowing them to earn income even without participating in contract trading. Users participating in USDⓈ-M contract trading can also enjoy a higher enhanced annualized return. Historical data shows that the yield fluctuates between 12% and 47%, demonstrating impressive performance.
It is important to note that BFUSD is not a stablecoin, cannot be withdrawn or publicly traded, and is only used for margin in Binance contract trading. This product is only available to qualified users in specific regions, excluding places like the United States. 📈