Introducing BFUSD, Binance’s exclusive reward-bearing margin asset designed to support your futures trades while earning extra rewards. Available only on Binance, BFUSD provides a unique way to maximize your trading capital by offering daily USDT rewards. The daily rewards are funded by income made by Binance’s hedging and investment strategies. BFUSD enables you to receive passive income simply by holding it in your USDⓈ-M Futures wallet. Those who trade using BFUSD on USDⓈ-M Futures will receive boosted rewards. Read on to explore how BFUSD works and how best to use it.
What Is BFUSD?
BFUSD is a reward-bearing margin asset created exclusively for Binance Futures users.
Purchased with USDT, BFUSD allows you to earn passive income while using it as margin in USDⓈ-M Futures trading. By simply holding it in your USDⓈ-M Futures wallet you can qualify for daily USDT rewards, while trading with BFUSD on USDⓈ-M Futures qualifies you for boosted daily USDT rewards.
BFUSD is redeemable for USD stablecoin. Binance uses a delta-neutral strategy to maintain the investment and hedging strategy supporting BFUSD, making it a stable component of your margin. This provides flexibility and reassurance.
How Does BFUSD Work?
BFUSD generates rewards funded by Binance’s investment and hedging strategies, primarily involving delta hedging and staking Ethereum (ETH). These investments and hedging strategies produce passive income, which funds rewards to BFUSD holders.
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