Binance Futures is set to launch LDUSDT, a new reward-bearing margin asset. This token allows holders to earn rewards. Traders can exchange their tether (USDT) for LDUSDT through Binance’s Simple Earn Flexible Product. They can then use LDUSDT as margin for stablecoin-margined futures trading. LDUSDT follows the success of BFUSD, Binance’s first reward-bearing margin asset. As of Wednesday, the annualized yield for holding LDUSDT stands at approximately 1.5%. This yield updates on a minute-by-minute basis. Unlike a stablecoin, LDUSDT is designed specifically for futures trading margin and offers reward-earning potential.
Source: www.coindesk.com

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Binance is set to soon unveil its second reward-bearing asset, LDUSDT.
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