Binance has unveiled yield-bearing asset BFUSD with 20% APY
Binance $BNB unveiled BFUSD, a forthcoming yield-bearing asset. BFUSD is a reward-bearing margin asset for futures trading with a 19.55% annual yield. Users will deploy BFUSD as collateral without staking or locking up their funds. Instead, users will hold the asset in a UM wallet and accrue daily airdrops sent to their "UM Futures Wallet based on hourly snapshots.
🔗 theblock.co/post/327134/binance-clarifies-rewards-bearing-bfusd-asset-is-not-a-stablecoin-hasnt-launched
Top 7 ICO socials: Telegram | Chat | X
Binance $BNB unveiled BFUSD, a forthcoming yield-bearing asset. BFUSD is a reward-bearing margin asset for futures trading with a 19.55% annual yield. Users will deploy BFUSD as collateral without staking or locking up their funds. Instead, users will hold the asset in a UM wallet and accrue daily airdrops sent to their "UM Futures Wallet based on hourly snapshots.
🔗 theblock.co/post/327134/binance-clarifies-rewards-bearing-bfusd-asset-is-not-a-stablecoin-hasnt-launched
Top 7 ICO socials: Telegram | Chat | X