After buying bfusd, the redemption exchange rate required is 1:0.999, which means that 1000 bfusd can only be exchanged for 999 usdt.

$BFUSD (binance future usd) This can be worth paying attention to and can be used as an investment product (even if you don't play contracts, but it is estimated that you need to enable contract functions). We will only know the specifics after it goes live and we have tried it.

It is best to sign up for the event first to avoid forgetting when participating in the event later. Find the registration entry for the event in the referenced Binance announcement.

I briefly looked at the documentation, and the model is very similar to $ENA , with the underlying also using hedging contract positions to ensure asset stability and yield. However, the issued bfusd is currently only suitable for users who trade contracts on Binance, while USDe currently supports many protocols on-chain. However, the risk of bfusd is much lower than that of USDe, and theoretically, it should be a capital-preserving investment asset that at least has some margin, and the subsequent margin should increase over time (the trading volume of Binance contracts is still very large, which is also the reason I believe it is theoretically a capital-preserving investment).

According to the current information, the operation method is: after depositing U into the contract margin, you can go to the event page to buy bfusd. Holding bfusd automatically provides a basic annualized yield, and it can also be used as margin for contract positions. Additionally, trading contracts daily will enhance the yield; for specific content, refer to the official Binance announcement.

DYOR