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Binance Unveils Reward-Bearing Margin Asset ‘BFUSD’
- Binance has unveiled BFUSD, the first reward-bearing margin asset.
- BFUSD enables users to benefit from a higher reward rate when trading futures or earn passive income.
- Users can use BFUSD as leverage, exchange it for USD stablecoin, and use it for futures trading margin.
- Binance will compute and release daily BFUSD Reward Rates, with a dedicated BFUSD Reserve Fund for income distribution.
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