BFUSD

BFUSD is a reward-bearing stablecoin designed to maintain a value close to one US dollar while generating a daily yield for its holders. It is aimed at traders and savers who want to keep funds in a stable, dollar-denominated asset without forgoing a return. The asset claims to address the trade-off between stability and earning potential by letting users simultaneously receive daily rewards and use their balance as margin in futures trading accounts.

Holders keep BFUSD in a qualifying account balance and receive a daily distribution paid in USD stablecoin at the applicable annual percentage rate for that balance. The token is redeemable for a USD stablecoin, anchoring its value near one dollar. No consensus algorithm or block time is recorded for this asset, which is consistent with its nature as an exchange-issued instrument rather than a standalone blockchain protocol.

The data provided does not record a protocol fee stream for BFUSD, so no fee-based measures such as revenue multiples are available on this site. The yield paid to holders originates from the issuing platform rather than from on-chain transaction fees, but the source and size of that yield pool are not detailed in the stored data. The circulating supply stands at 1,320,000,000 tokens as of the recorded point in time, with 100 percent of that supply already issued and no dilution overhang remaining, meaning the fully diluted value equals the market capitalisation of approximately 1,319,654,256 US dollars.