BFUSD
Safely Earn Superior Rewards
BFUSD Data
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30D Avg. APR
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180D Avg. APR
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APR
Solvency
Transparency
BFUSD APR
No records
Protocol APR
No records
Buy and hold BFUSD to earn rewards
No Staking Required
Simply hold BFUSD to earn daily rewards.
Earn Attractive APR
BFUSD provides APR from funding fee and staking reward while protected by reserve fund.
High Capital Utilization
Enjoy close to 100% CVR(Collateral Value Ratio) when trading futures under multi-asset mode.
Frequently Asked Questions
1
How does BFUSD maintain its stability?
Binance utilizes a delta-hedging strategy by holding long positions in the Spot market while simultaneously opening short positions in the Futures market to stabilize value.
For instance, for every 3,000 BFUSD, Binance buys 3,000 worth of ETH on the Spot market and takes an equivalent short position in Futures at the same price. If ETH's price rises to 4,000, the Spot position gains 1,000, while the Futures position records a 1,000 loss, effectively locking the ETH value at 3,000, and the same principle applies if the price drops.
2
What is the Holding Limit for BFUSD?
There is no limit for BFUSD Holdings.
3
What are the Redemption Limits and Purchase and Redemption Fee for BFUSD? What is the conversion rate between USD stablecoin and BFUSD?
BFUSD has no purchase fee and offers two redemption methods: Fast Redemption for instant access and Standard Redemption for larger amounts, with applicable fees detailed in the following table. The fees are incorporated in the conversion quote displayed on the Platform prior to confirmation of the purchase and redemption transaction.
BFUSD can be exchanged to and from USD stablecoin at a 1:1 conversion rate.
Redemption Categories
| Redemption Categories | Daily Limitation | Fee Rate | Settlement Time | Minimum Amount |
|---|---|---|---|---|
| Fast Redemption | Normal Holders -- BFUSD (First -- BFUSD free) Large Holders 200,000 BFUSD (First 5,000 BFUSD free) | -- | Real-Time | -- BFUSD |
| Standard Redemption | -- BFUSD | -- | -- days | -- BFUSD |
Notes:
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Large Holder refer to users with BFUSD holdings greater than 10,000 BFUSD continuously for more than 15 days.
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The maximum purchase limit is independent among master or sub-accounts, to monitor more real-time changes in the maximum holding limits, refer to our Trading Rules.
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Binance reserves full discretion to adjust the Purchase Fee and Redemption Fee from time-to-time. For specific details, please refer to the BFUSD page.
4
How do I calculate my daily reward?
The Reward Amount for a Calculation Day will be calculated by Binance and distributed in USD stablecoin to the Spot account on the following day at around 05:00 to 06:00 UTC. Kindly note that the distribution time is not guaranteed and may change from time to time.The Reward Amount for each Calculation Day (CD) will be calculated as follows:
For example:
If a user holds 10,000 BFUSD yesterday, and previous day's applicable APR is 30%, the user's daily reward is as follows:
For more information, please refer to this FAQ: How is the APR for BFUSD Holders determined
Please Note:
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Calculation Day: 00:00:00 to 23:59:59 UTC
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Your lowest balance of BFUSD on a Calculation Day is used as the basis for determining the Qualifying Balance and the Reward Amount.
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Rewards received from BFUSD holding does not disqualify users from receiving funding fees on their own hedging strategies.
5
Which account can I get the rewards for holding positions?
BFUSD holdings in Futures/Spot/Funding/PM/Trading Bots/Margin accounts will all be included in the snapshot.
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