Binance has introduced BFUSD, a reward-bearing margin asset designed for futures trading. Unlike traditional stablecoins, BFUSD offers daily rewards without requiring staking or fund locking. Users earn rewards simply by holding BFUSD in their Binance UM wallets, with an attractive annual percentage yield (APY) of approximately 19.55%—higher than many other crypto assets. These rewards are distributed daily based on the lowest hourly balance recorded in users’ accounts throughout the day.
The asset maintains stability through a 105.54% collateralization ratio, backed by a reserve fund holding 1.1 million USD as of November 2024. BFUSD can also serve as collateral for trading in Multi-Asset Mode, increasing users' leverage capacity.
However, BFUSD is not available in all regions due to regulatory restrictions, and usage limits depend on users' VIP levels and KYC verification status. This feature aims to ensure responsible trading while maximizing opportunities for high-yield returns.
Despite its benefits, some comparisons to past high-yield projects like Terra’s UST have emerged, leading Binance to emphasize the differences. BFUSD is designed to provide sustainable and secure rewards within the futures trading ecosystem.#BNBChainMeme #NotPriceSurge #GODINDataForAI #GameFiOnTheRise #ETHPriceSurge $XRP $ETH $BTC
