Binance to launch LDUSDT, a second 'reward-bearing margin asset' for its futures platform
Powered by @unfolded- Binance is launching LDUSDT, a reward-bearing margin asset for its futures trading platform, allowing users to earn rewards on locked USDT while trading.
- LDUSDT enables users to convert their locked USDT from Binance's Simple Earn product into a margin asset for futures trading, with a current APR of approximately 1.5%.
- This new asset differs from BFUSD by offering both passive rewards and liquidity for futures trading without the need to redeem USDT or USDC.
- The APR for LDUSDT will never fall below zero, ensuring users continue to earn rewards while using their assets for trading.
https://www.theblock.co/post/350168/binance-ldusdt-reward-bearing-margin-asset