Binance's newly launched $BFUSD stablecoin is quite interesting, especially for friends who like to play contracts. It can earn income as margin, which is a very "financial contract player".
Previously, the idle funds of U-based contracts were basically lying, but now BFUSD has made it "move". The basic income comes from the funding rate and ETH pledge. According to the official introduction, it is stable at around 10%. What's more considerate is that a reserve fund is set up to cover the risk of negative funding rate, which is very friendly to contract players.
However, it should be noted that the income is settled on a daily basis, and at least one transaction must be made every day to get the increased interest rate reward. This may make some users who usually only open a few orders adapt to the new rhythm a little.
Overall, this model is indeed interesting: it is both a contract margin and a stable interest-bearing, and even has the potential to replace USDT to some extent. For friends who are active in trading, it is simply killing two birds with one stone.
