BFUSD Launches Crypto APY Staking at 28% Yield

Krutika Adani

What is Crypto APY Staking?

Crypto APY staking refers to depositing cryptocurrencies into staking platforms to benefit from their annual returns, which can be as high as 100%.

What is BFUSD?

BFUSD is a rewards token by Binance that is denominated in the US Dollar and is used as collateral for DeFi operations.

How to Stake BFUSD?

You can just hold BFUSD in your wallet and get rewards.

Is The Yield Really That High?

Crypto APY Staking yields vary, but at present, the annual yield of BFUSD is around 28%.

How to buy BFUSD?

You can buy BFUSD from the UM wallet by transferring some USDT into the wallet and then swapping it for BFUSD.

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