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Author Topic: BINANCE Failed to manage the FDUSD margin pool  (Read 39 times)
TRILIUNER MUDA (OP)
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March 05, 2024, 03:59:49 AM
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Hi All

we know that FDUSD is a replacement for BUSD
And Binance really promotes FDUSD in their exchange

but the promotion does not match the service they provide
like the problem of the FDUSD margin pool which is always 0%, and this has been happening for a week!
https://i.ibb.co/GkXMzcv/Fundung-0.jpg

This indicates that many traders use margin trading on the FDUSD pairs, so the pool is always 0%
Supposedly, more demand = more supply
But strangely, Binance does not add FDUSD quota to their margin pool. even though there is a lot of demand

Even the interest and APR calculations are unstable compared to USDT :
FDUSD Margin, Hourly Interest 0.00344050% (30.1% APR) - Earning APR 1.57%
USDT Margin, Hourly Interest 0.007135% (62.5% APR) - Earning APR 26.9%
https://i.postimg.cc/8P5wS7V7/USDT-Vs-FDUSD.jpg


Binance should increase the FDUSD APR in Earning, so that the Margin pool can be filled. or they can even fill it in themselves.

I have tried to report it to Binance, but until now there has been no action so that the margin pool can be filled and not 0%
if this problem persists, I will go back to just using USDT



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