Binance Announces Launch of #BFUSD
Which means that $BFUSD is a rewarded margin asset created exclusively for Binance Futures users <Futures - Leverage> and not a stablecoin.
As I mentioned, it will be funded by rewards
A dynamic daily reward will be calculated, based on income
A dedicated BFUSD reserve fund will protect against negative funding rates
It will be initially funded by Binance.
A portion of the income generated will be allocated to the reserve fund.
