Binance está lançando um novo stablecoin BFUSD com 19,55% APY
Binance introduziu uma nova stablecoin vinculada ao seu ecossistema, BFUSD. O stablecoin oferece até 19,55% APY, com limite de propriedade e piquetagem.
Binance lançou outra stablecoin nativa, o BFUSD, com potencial de rendimento de até 19,55% anualizado. A própria Binance lembrou aos usuários que o ativo real ainda não foi lançado ou mesmo gerado no blockchain. O ativo também tem preço nominal em paridade com o dólar americano, mas não é uma stablecoin classic . Binance lembrou aos usuários que o BFUSD não é uma stablecoin classic , mas um ativo que rende recompensas. A operadora de câmbio também afirmou que esclareceria como o rendimento do BFUSD será alcançado em um futuro próximo.
BFUSD ainda não foi lançado.
Para ser claro, não é uma stablecoin, mas um ativo com margem de recompensa para negociação de futuros.
Estamos felizes em ver o interesse da comunidade e compartilharemos mais detalhes em breve, incluindo como o APY é determinado
— Suporte ao Cliente Binance (@ Binance HelpDesk) 18 de novembro de 2024
The actual nature of the token invited comparisons to Ethena’s USDe, which depends on making gains based on Ethereum funding rates. The launch of this type of assets led to speculation that BFUSD would be a competitor to Ethena’s USDe.
In the case of Ethena, USDe supply must be closely monitored to remain viable in multiple market scenarios. Initially, BFUSD will be used mainly within Binance’s ecosystem. However, since the asset is used as collateral, it could cause limited contagion within that ecosystem.
The actual supply and distribution of BFUSD is yet to start, but Binance has set up the main requirements for the coin. Users can buy a limited amount of BFUSD, which can be used for passive rewards.
Simply owning BFUSD in a user’s Binance wallet will grant a relatively higher yield. BFUSD can also be used as collateral on Binance yield pools only through assets mode. Binance will perform hourly snapshots and award the interest rate based on the lowest balance for the day.
With the snapshot mechanism, Binance essentially creates an overnight borrowing mechanism, encouraging users to hold their deposits for more than 24 hours. The exact role of BFUSD in the Binance ecosystem will depend on user preferences. One of the use cases is on Binance Launchpad, which introduces new tokens to those that stake BNB or other predetermined assets. Binance will make sure to have multiple mechanisms for holding, to avoid an exit of investors from BFUSD.
The new stablecoin indicated direct buying from Binance, with an upper limit depending on BNB ownership levels and VIP points.
BFUSD is the first asset that has both sides of the yield equation, serving both for passive income or as collateral. BFUSD appeared after Binance USD (BUSD) was made obsolete, due to regulatory obstacles in the US market.
Is BFUSD risky?
The high interest rate for BFUSD raised some red flags about the token’s viability. Users have compared BFUSD to Luna’s UST.
In the case of BFUSD, users must have BNB and a VIP level on the exchange to acquire more BFUSD and gain a higher yield. Binance does not specify where the yield would come from, with users speculating it may be incentivized by the exchange’s marketing budget.
BFUSD is an over-collateralized stablecoin, still requiring a robust crypto market to remain viable. Binance holds a reserve fund with 1.1M USDT as a stability guarantee, essentially sharing the same T-bill collateral with Tether.
In the initial stage, Binance will increase the supply to 20M BFUSD, to achieve a sustainable performance. BFUSD is not compatible with EU-based MiCA regulations, due to being collateralized by crypto. For that reason, only users outside the Euro Area will be able to use the full yield and passive returns features of BFUSD. Those users will be able to swap or trade with BFUSD as with other dollar-pegged coins, but will not be able to receive passive returns or yield.
Binance itself remains the busiest CEX, producing significant income to finance multiple programs. The BFUSD project is developing with a conservative amount of tokens, to avoid the risk of rehypothecation.
The new stablecoin is yet to prove its viability and achieve acceptance from US regulators. The high-yield promises may cause a problem with adoption.
Following the news of the BFUSD launch, BNB rallied to $621.93. BNB has remained relatively stagnant, though easily retaining levels above $600. Binance remains a hub for crypto innovation, though its yield-bearing mechanisms are viewed with some skepticism.
A Step-By-Step System To Launching Your Web3 Career and Landing High-Paying Crypto Jobs in 90 Days.
Artigos relacionados
AÇÃO DO Magazine Luiza Vale a Pena Comprar ou Vender? ANÁLISE TÉCNICA GRÁFICA MGLU3
No vídeo "AÇÃO DO Magazine Luiza Vale a Pena Comprar ou Vender? ANÁLISE TÉCNICA GRÁFICA MGLU3" você irá ver uma atualização de análise gráfica técnica das ações MGLU3. Na oportunidade, avalio e forneço elementos para melhor se posicionar em ações na bolsa de valores, mas é claro que, tudo vai depend
Bancos centrais globais rompem com o Federal Reserve
A era dos bancos centrais globais que se movimentavam em sintonia com a Reserva Federal acabou. Durante décadas, o Fed ditou a política monetária mundial. As alterações nas taxas de juros afetaram moedas, índices de ações e economias em todo o mundo. Se a Fed aumentasse as taxas, todos os outros ter
Fique por dentro das principais notícias do mercado desta sexta-feira
Investing.com – Os futuros de ações dos EUA indicavam uma abertura em baixa das Bolsas em Nova York, antes da divulgação dos resultados trimestrais de grandes bancos,
