Binance Academy
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What is BFUSD?
Key points
BFUSD is a special asset launched by Binance specifically for contract traders, serving as trading collateral and providing users with daily USDT rewards.
Users holding BFUSD can earn USDT rewards daily, and those using BFUSD as collateral for active U-based contract trading can unlock more additional rewards. These rewards are supported by Binance's asset management strategies, such as delta-neutral hedging and ETH staking.
To ensure stability in a complex market environment, the reserve fund (initially set at 1 million USDT) provides a hedging mechanism for BFUSD, minimizing risks from negative funding rates.
BFUSD is a special asset launched by Binance specifically for contract traders, serving as trading collateral and providing users with daily USDT rewards.
Users holding BFUSD can earn USDT rewards daily, and those using BFUSD as collateral for active U-based contract trading can unlock more additional rewards. These rewards are supported by Binance's asset management strategies, such as delta-neutral hedging and ETH staking.
To ensure stability in a complex market environment, the reserve fund (initially set at 1 million USDT) provides a hedging mechanism for BFUSD, minimizing risks from negative funding rates.
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