BlockBeats News, November 27th, according to official data, the issuance of BFUSD, launched by Binance's futures trading platform, has currently reached 120 million tokens, with a system collateralization rate of 101.32%, a base APY of 29.18%, and an enhanced annual yield of 38.98%.
BlockBeats previously reported that on November 26th, according to an official announcement, Binance's futures trading platform introduced BFUSD, which is an interest-bearing collateral asset that rewards active futures users for holding eligible BFUSD balances in their futures wallets. BFUSD can also be used as collateral in the cross-margin mode while still earning rewards.