Binance Futures will launch BR and PLUME perpetual contracts following YZi’s Plume investment

Binance Futures will launch margined perpetual contracts Br and Plume USDT after the generation event of rocky substratums of Binance and the investment of Yzi in Plume.

According to a recent noticeThe Crypto Exchange will launch the perpetual contract Brusdt and Plumeusdt (USDT) Perpetual contract. The two perpetual contracts will be available on Futures Binance from March 21, the Brusdt first launching at 12:45 pm UTC and the perpetual aerdt contract released at 1:00 pm UTC.

The two perpetual contracts will be offered with a lever effect up to 25x and supported for multi-active mode. The maximum financing rate for perpetual contracts Brusdt and Plumeusdt at launch will be + 2.00% and -2.00%. The frequency of calculation of financing costs will occur every four hours.

Just a day before, Binance had announced that he would organize an exclusive token generation event for the rocky substratum Pancakeswap (CAKE). The event took place on March 20 from 10:00 am UTC at 12:00 pm UTC. Eligible users have received a total of 50 million BR, or 5% of the total token offer.

The base is a liquid replenishment protocol built on BNB Smart Chain This allows Bitcoin (BTC) Jake out Unibtc. UnibTC allows merchants to win awards while maintaining liquidity through BTC.

At the time of the press, BR increased by more than 10% in the last 24 hours of negotiation. The token is currently negotiated at $ 0.17, having dropped by 12.7% compared to its previous peak at $ 0.19. Unfortunately, the announcement of Binance Future led only the token to slide almost 6% during the last hour.

On the other hand, since perpetual contracts were announced on future Binance, Plume increased by 4%. However, he fell by almost 10% in the last day. The native token of pen is currently negotiated at $ 0.204.

On March 17, Binance’s investment arm, Yzi Labs, announcement That he invested in Plume Network, a modular blockchain designed to provide real chain assets. According to Yzi’s announcement, Plume has more than 18 million portfolios participating in its testnet and associated with more than 180 protocols.

Two days later, the native pen token reached a new summit of $ 0.24.