ldusdt

ChainCatcher message, Binance announces the launch of a new yield-bearing margin asset LDUSDT. Users can now exchange their USDT principal-protected earning product assets for LDUSDT and use it as margin for U-based contracts, while still earning real-time annual percentage rate (APR) rewards.

ChainCatcher news, according to The Block, Binance will launch its second "yield-bearing non-stablecoin margin asset" LDUSDT for users on its cryptocurrency futures trading platform.According to reports, users can convert their locked USDT in Binance's Simple Earn Flexible product into LDUSDT, allowing them to continue earning passive income while trading futures. The current annualized yield is approximately 1.5%, and it updates automatically every minute. This product is expected to go live within this month. LDUSDT is the second yield-bearing margin asset following the launch of BFUSD last November.Binance's Vice President of Product Jeff Li stated that LDUSDT enhances users' capital efficiency, allowing their assets to serve as both yield-bearing and liquidity trading margin assets while maintaining the flexibility of capital redeployment.

ChainCatcher news, according to The Block, Binance is about to launch its second "yield-generating non-stablecoin margin asset" LDUSDT for futures trading users.According to a Binance spokesperson, with LDUSDT, users can convert the locked USDT in the Simple Earn USDT flexible investment product into margin assets for futures trading while continuing to earn passive income. The spokesperson stated that the current annualized yield is approximately 1.5%, updated automatically every minute. LDUSDT (the product name has no extended form) is expected to "go live as soon as possible this month."The spokesperson further explained that LDUSDT adopts the same real-time annualized yield as the Simple Earn USDT flexible investment product. The yield of Binance's earning products has never been negative (below zero), and LDUSDT will also not provide negative yields.